Business Context and Reporting Period
This Form 6-K filing by LOBO TECHNOLOGIES LTD. covers the month of December 2025, with a specific reporting date of December 19, 2025. The Company is a foreign private issuer headquartered in Wuxi, Jiangsu, People's Republic of China, and files annual reports under Form 20-F.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report is a current report regarding regulatory compliance rather than a financial statement.
Material Changes
The primary material event is the receipt of a notice from the Listing Qualifications Department of The Nasdaq Stock Market LLC dated December 16, 2025. The notice states that the Company's ordinary shares traded below the minimum bid price of $1.00 for 30 consecutive business days, resulting in non-compliance with Nasdaq Listing Rule 5550(a)(2). This does not result in immediate delisting, and shares continue to trade under the symbol "LOBO."
Guidance, Outlook, and Risks
- Compliance Period: The Company has 180 calendar days, until June 15, 2026, to regain compliance. Compliance is achieved if the closing bid price is at least $1.00 for 10 consecutive business days during this period.
- Contingency Plan: If compliance is not met by June 15, 2026, the Company may be eligible for an additional 180-day grace period. Qualification requires meeting the market value of publicly held shares and other initial listing standards, potentially necessitating a reverse stock split.
- Risk of Delisting: Failure to regain compliance or qualify for the grace period could lead to delisting from the Nasdaq Capital Market.
Investor Verification Checklist
- Verify the current trading price of LOBO shares to assess proximity to the $1.00 threshold.
- Monitor the Company's stock price performance over the next 10 consecutive business days to determine if immediate compliance is achieved.
- Review future announcements regarding the potential implementation of a reverse stock split if the initial compliance period expires without success.
- Confirm the Company's market value of publicly held shares to ensure eligibility for the potential second grace period.