Lobo prices USD 2 million public offering at USD 0.51 per unit

Reuters03-24

Lobo prices USD 2 million public offering at USD 0.51 per unit

Lobo priced a best-efforts public offering expected to raise about USD 2.0 million in gross proceeds.
The offering consists of 3,921,567 units priced at USD 0.51 per unit, or pre-funded units priced at USD 0.509.
Each unit includes one Class A ordinary share plus Series A and Series B warrants, each with an exercise price of USD 0.561.
The Series A and Series B warrants are immediately exercisable and expire two years after issuance.
Net proceeds are intended for development programs and working capital.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Lobo Technologies Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202603232200PRIMZONEFULLFEED9677308) on March 24, 2026, and is solely responsible for the information contained therein.

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