Lotus Technology

Activity by year

20222023202420252026

Acquisition

Jan 31, 2023ACQUISITIONSingapore$5.40B
Lotus Technology to go public via merger with L Catterton Asia Acquisition Corp
Lotus Technology, a luxury EV maker, will go public through a business combination with SPAC L Catterton Asia Acquisition Corp, valuing the combined company at approximately US$5.4 billion. Existing equity holders including Geely Holding will retain about 89.7% ownership.
Geely Holding investor Lotus Technology target L Catterton Asia Acquisition Corp acquirer #Automotive Components sec.gov
May 26, 2022ACQUISITIONUnited States$3.82B
ECARX to go public via $3.82B merger with COVA Acquisition Corp.
ECARX Holdings has entered into a merger agreement with COVA Acquisition Corp. valuing ECARX at $3.82 billion pro forma equity value. The transaction includes $45 million from strategic partners Geely Holding Group, Luminar and Lotus Technology.
ECARX target Geely Holding investor COVA Acquisition Corp. acquirer Luminar investor Lotus Technology investor #Automotive Components #Semiconductors and Industrial Electronics sec.gov prnewswire.com

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