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Lotus Technology Secures Up To $300M In Convertible Notes From ATW Partners To Support Growth

Author: Benzinga Newsdesk | August 19, 2025 08:38am

Lotus Technology Inc. ("Lotus" or the "Company"), a leading global intelligent and luxury mobility provider, announced today that it entered into a securities purchase agreement ("the Transaction") with ATW Partners, a New York-based investment firm that focuses on cutting-edge companies with long-term growth potential, under which the Company agreed to issue and sell convertible notes for up to an aggregate principal amount of $300 million that will be convertible into ordinary shares of the Company in the form of American depositary shares of the Company.

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