Lotus Technology (LOT) has released an update.
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Lotus Technology Inc. has entered into a subscription agreement with Kershaw Health Limited for the issuance and sale of senior bonds in a private placement. The agreement, valued at $500 million, underscores Lotus Technology’s strategic financial maneuvers aimed at bolstering its market position. This move is likely to capture the interest of investors monitoring the company’s growth and stability in the financial markets.
For further insights into LOT stock, check out TipRanks’ Stock Analysis page.