Hungarian mobile site Mobilearena.hu posted the price and new photos of Malata's LG 360 clone, called the F1. The phone looks very similar to the LG 360 Cam and according to Mobilearena, it will sell for approximately $90. The specs are as previously posted (3008 x 1504 photos, 1080p video).
Thanks to Oliver Pecha of Collect 360 for bringing this to my attention! Collect 360 is a free 360 video editing app for Android that enables you to combine 360 videos into montages, add background music and other enhancments.