Shulou(Shulou.com)11/24 Report--

CTOnews.com, November 13, according to the Financial Associated Press, the reporter learned from a number of independent sources that Lutes, which is listed in the United States through SPAC, plans to complete the merger and acquisition transaction next month, officially landing on Nasdaq under the stock symbol "LOT".

In response to the news, Lutes said that the company's listing is continuing in the expected direction. Another Lutes insider revealed, "at present, the company is waiting for the confirmation of the relevant regulatory bodies."

▲ Tuyuan Lutes official website as early as February this year, there is news that Lutes and special purpose acquisition company L Catterton Asia Acquisition Corp (LCAA) reached a final merger agreement, agreed that the two sides after the completion of the merger to NASDAQ listing, the merged company will retain "Lutes Technology" as the name, valued at about $5.4 billion (CTOnews.com Note: currently about 39.42 billion yuan).

Geely is not the only company listed in the United States. Polar Star Motors and Yigatong Technology have already landed on Nasdaq, and Polar Krypton has submitted a registration statement to the SEC. Extreme Krypton American depositary shares are expected to be listed on the New York Stock Exchange under the symbol "ZK".

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