---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-026598"
form_type: "8-K"
ticker: null
cik: "0001841024"
company_name: "L Catterton Asia Acquisition Corp"
filed_at: "2024-02-22T23:59:59+00:00"
generated_at: "2026-06-05T20:52:09.080399+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Lotus Tech completes de-SPAC merger with Catterton Asia; ADSs trade on Nasdaq as LOT on Feb 23

## Summary
- Business combination closed Feb 22, 2024; Lotus Tech becomes public via merger with SPAC LCAA.
- Lotus Tech ADSs start trading on Nasdaq under ticker "LOT" and warrants under "LOTWW" on Feb 23, 2024.
- Transaction valued Lotus Tech at approximately $5.5 billion equity value per merger agreement terms.
- LCAA shares, warrants, and units delisted; LCAA ceases to exist; former officers and directors resign.
- Registration rights agreement grants LCA Acquisition Sponsor demand and piggyback registration rights.

## SEC filing metadata
- accession: 0001104659-24-026598
- form_type: 8-K
- cik: 0001841024
- company_name: L Catterton Asia Acquisition Corp
- filed_at: 2024-02-22T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 2.01, 3.01, 3.03, 5.01, 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1841024/000110465924026598/0001104659-24-026598-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1841024/000110465924026598/tm246986d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-026598
- JSON: https://secwatch.observer/filing/0001104659-24-026598.json
- Plain text: https://secwatch.observer/filing/0001104659-24-026598.txt

## Key facts
- M&A Transactions
  L Catterton Asia Acquisition Corp underwent a change of control involving Lotus Technology Inc. (closed 2024-02-22).
  - Action: change of control
  - Counterparty: Lotus Technology Inc.
  - Closing: 2024-02-22
  source text: On February 22, 2024 (the “ Closing Date ”), L Catterton Asia Acquisition Corp (“ SPAC ” or “ LCAA ”), an exempted company limited by shares incorporated under the laws of the Cayman Islands consummated its previously disclosed business combination (the “ Business Combination ”) in accordance with the terms of the First Amended and Restated Agreement and Plan of Merger, dated as of October 11, 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/1841024/000110465924026598/0001104659-24-026598-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.