Lobo EV Technologies Ltd.

Lobo EV Technologies Ltd., a British Virgin Islands holding company, designs, develops, manufactures, and sells electric vehicles including e-bicycles, e-mopeds, e-tricycles, and off-highway four-wheeled shuttles through its PRC subsidiaries, primarily Jiangsu LOBO Electric Vehicle Co. Ltd. Headquartered in Wuxi, China, the company operates factories in Tianjin and Wuxi, sourcing from over 131 suppliers and selling via 20 domestic and 83 foreign dealers. For the six months ended June 30, 2025, revenues were $12.1 million with a gross margin of 16%, but net loss was $2.6 million due to high operating expenses including $1.7 million G&A and $1.1 million R&D. As of June 30, 2025, it had $1.4 million cash, $10.5 million inventories, and $8.6 million working capital. This F-1/A registers a best-efforts offering of up to 3,921,568 Units at $0.51 each (total $2 million gross proceeds), each comprising one Class A Ordinary Share, one Series A Warrant (exercise $0.561, expires 2 years), and one Series B Warrant (exercise $0.561 with zero-cash option yielding up to 5 shares, expires 2 years). Pre-Funded Units available at $0.509. Proceeds for development, working capital, general corporate purposes. Currently listed on Nasdaq (LOBO) with 8.8 million Class A and 3.7 million Class B shares outstanding. The offering addresses liquidity needs amid PRC regulatory risks, PCAOB audit issues, and competitive pressures in China's EV market.

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