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6-K: Report of foreign private issuer (related to financial reporting)

6-K: Report of foreign private issuer (related to financial reporting)

6-K:外国发行人报告(业绩相关)
美股SEC公告 ·  2024/09/17 04:13

Moomoo AI 已提取核心信息

Lotus Technology has entered into a Securities Purchase Agreement with Westwood Capital Group LLC on September 16, 2024, under which Westwood commits to purchase up to $350 million of American depositary shares (ADSs) over approximately 36 months. The purchase price will be 97% of the lowest daily VWAP during three consecutive trading days following each purchase notice.Under the agreement terms, each issuance is capped at 50% of the average daily trading volume and $100 million per transaction. As consideration for Westwood's commitment, Lotus will issue Commitment ADSs worth $3.5 million. Westwood is prohibited from engaging in short sales or hedging transactions of Lotus securities.The proceeds will be used for product innovation, development of next-generation automobility technologies, expansion of global distribution network and general corporate purposes. The agreement includes customary termination provisions and does not impose financial covenants or restrictions on future financings.
Lotus Technology has entered into a Securities Purchase Agreement with Westwood Capital Group LLC on September 16, 2024, under which Westwood commits to purchase up to $350 million of American depositary shares (ADSs) over approximately 36 months. The purchase price will be 97% of the lowest daily VWAP during three consecutive trading days following each purchase notice.Under the agreement terms, each issuance is capped at 50% of the average daily trading volume and $100 million per transaction. As consideration for Westwood's commitment, Lotus will issue Commitment ADSs worth $3.5 million. Westwood is prohibited from engaging in short sales or hedging transactions of Lotus securities.The proceeds will be used for product innovation, development of next-generation automobility technologies, expansion of global distribution network and general corporate purposes. The agreement includes customary termination provisions and does not impose financial covenants or restrictions on future financings.
路特斯于2024年9月16日与Westwood Capital Group LLC签订了一项证券购买协议,根据该协议,Westwood承诺在大约36个月内购买最多35000万美元的美国存托股票(ADS)。购买价格将为每次购买通知后连续三个交易日内最低日VWAP的97%。根据协议条款,每次发行的上限为平均日交易量的50%和每次交易10000万美元。作为Westwood承诺的对价,路特斯将发行价值350万美元的承诺ADS。Westwood被禁止进行路特斯证券的卖空或对冲交易。筹集的资金将用于产品创新、下一代汽车科技的发展、全球分销网络的扩展以及一般企业用途。该协议包括常规的终止条款,并不对未来融资施加财务契约或限制。
路特斯于2024年9月16日与Westwood Capital Group LLC签订了一项证券购买协议,根据该协议,Westwood承诺在大约36个月内购买最多35000万美元的美国存托股票(ADS)。购买价格将为每次购买通知后连续三个交易日内最低日VWAP的97%。根据协议条款,每次发行的上限为平均日交易量的50%和每次交易10000万美元。作为Westwood承诺的对价,路特斯将发行价值350万美元的承诺ADS。Westwood被禁止进行路特斯证券的卖空或对冲交易。筹集的资金将用于产品创新、下一代汽车科技的发展、全球分销网络的扩展以及一般企业用途。该协议包括常规的终止条款,并不对未来融资施加财务契约或限制。
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