Lotus Technology Files Updated 13D After LGIL Stake Drops Below 5% Threshold

Stock Titan reports that Lotus Technology (LOT) filed an updated Schedule 13D. The filing was prompted by LGIL’s shareholding falling below 5%. Regulatory rules require disclosure when ownership crosses the 5% mark. The updated 13D reflects the reduced stake held by LGIL. Lotus noted the change does not affect its operational strategy. Investors are informed of the shift in significant shareholder composition. The filing ensures continued compliance with securities regulations. Market participants will watch for any further changes in major holdings.