LOBO Announces Receipt of Nasdaq Minimum Bid Price Notification

WUXI, China, May 16, 2025 (GLOBE NEWSWIRE) -- LOBO EV TECHNOLOGIES LTD. (NASDAQ: LOBO) (“LOBO” or the “Company”) today announced that it received a notification letter dated May 13, 2025 from the Nasdaq Stock Market LLC (“Nasdaq”), indicating that the Company is not in compliance with the minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2) for continued listing on the Nasdaq Capital Market.