Kandi Technologies publishes pro forma combined financials after Rawrr deal valued at $23.9 million

• Kandi Technologies Group released unaudited pro forma financials reflecting its acquisition of Rawrr, a maker of electric off-road motorcycles.
• Combined revenue totaled $103.1 million, incorporating Rawrr’s $15.66 million contribution from electric off-road motorcycle sales.
• Net loss was $95.2 million, dominated by Kandi’s operating expenses of $94.47 million, including goodwill impairment and long-lived asset impairment.
• Total assets were $424.01 million, including $33.42 million of goodwill, with $10.93 million recorded from the Rawrr purchase allocation.
• Equity increased to $288.08 million, reflecting $18.94 million consideration via 17,700,000 ordinary shares issued at $1.07 per share.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Kandi Technologies Group Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-103503), on September 25, 2026, and is solely responsible for the information contained therein.