Han Kun advises Lotus Tech on its de-SPAC Listing
February, 2024 - Beijing, Mainland China
On February 22, 2024, the worldwide pioneering luxury lifestyle battery electric vehicle maker Lotus Technology Inc. ("Lotus Tech") closed a merger transaction with the special purpose acquisition company ("SPAC") L Catterton Asia Acquisition Corp (Nasdaq symbol: LCAA). On February 23, 2024, Lotus Tech officially listed its shares on Nasdaq under the ticker symbols "LOT" and "LOTWW".
Han Kun provided legal services to Lotus Tech throughout the de-SPAC listing process.
Lotus Tech has operations across China, the UK, and the EU. The company is dedicated to delivering luxury lifestyle battery electric vehicles, with a focus on world-class R&D in next-generation automobility technologies such as electrification, digitalisation and more.
