It is reported that Lotus plans to complete the merger and acquisition transaction through SPAC next month, adding another member of the 'Geely family' listed companies

News from this website on November 13, according to the Financial Associated Press, reporters learned from multiple independent sources that Lotus, which went public in the United States through SPAC, plans to complete the merger and acquisition transaction next month , officially listed on Nasdaq, stock code "LOT".

In response to this news, Lotus said that the company's listing work is continuing to advance in the expected direction. Another Lotus insider revealed, "The company is currently waiting for confirmation from relevant regulatory agencies."

As early as February this year, there was news that Lotus and the special purpose acquisition company L Catterton Asia Acquisition Corp (LCA) had reached a final merger agreement, agreeing that both parties would go to Namibia after the merger is completed. Starkey is listed, and the merged company will retain the name "Lotus Technology" with a valuation of approximately US$5.4 billion (note on this site: currently approximately RMB 39.42 billion).

Geely Automobile’s subsidiary Lotus is not the only one to go public in the United States. Previously, Polestar Automobile and Yikatong Technology have been listed on Nasdaq, and Jikrypton has also filed with the U.S. Securities and Exchange Commission Upon filing of the registration statement, JiKrypton's American depositary shares are expected to be listed on the New York Stock Exchange under the stock symbol "ZK".

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