Robo.ai Inc. Declares a Reverse Stock Split

754487b2a2651d8a7178e437582a2366 Robo.ai Inc. Announces Reverse Stock Split

(SeaPRwire) –   DUBAI, UAE, April 1, 2026 — Robo.ai Inc. (Nasdaq: AIIO) (the “Company”), a UAE-based technology firm, today declared the implementation of a 1-for-20 reverse split of all its ordinary share classes. This includes both Class A and the publicly traded Class B ordinary shares, and will take effect at 8:00 a.m. U.S. Eastern Time on April 6, 2026. The Company’s board of directors authorized the reverse split on January 19, 2026, in line with its fourth amended and restated memorandum and articles of association. Prior to the split, the share counts were 36,350,011 for Class A and 355,750,058 for Class B. Post-split, these will be adjusted to 1,817,501 Class A shares and 17,787,525 Class B shares. Trading of the Class B ordinary shares on a split-adjusted basis will commence at the market open on April 6, 2026, under the current ticker “AIIO.” The new CUSIP number for the Class B ordinary shares will be G6693P122.

(PRNewsfoto/Robo.ai Inc.)

This corporate action is intended to help the Company meet the Nasdaq Capital Market’s minimum bid price requirement of $1.00 for continued listing of its Class B ordinary shares. Following the reverse split, the trading price of the Class B shares is anticipated to rise proportionally. However, the Company cannot guarantee that the post-split price will be twenty times or more the pre-split price.

The reverse split will apply equally to all shareholders and is not designed to change any shareholder’s proportional ownership in the Company, aside from potential adjustments related to fractional shares.

All outstanding Company options, warrants, and other relevant convertible securities will be proportionally modified as per their terms. Fractional shares will not be issued. Shareholders who would otherwise be due a fractional share will be given a full share instead.

About Robo.ai Inc.

Robo.ai Inc. (Nasdaq: AIIO) is a technology enterprise dedicated to creating a worldwide AI robotics network platform. Its goal is to unify intelligent terminals, create a single AI operating system, and build an ecosystem powered by smart contracts to advance the intelligent age. The company strives to evolve into a decentralized AI asset platform that links all AI terminals, facilitating the future of asset tokenization and the Internet of Things.

Safe Harbor Statement

This announcement includes statements that qualify as “forward-looking” under the safe harbor rules of the U.S. Private Securities Litigation Reform Act of 1995. Terms like “will,” “expects,” “aims,” “intends,” “plans,” “believes,” “estimates,” and comparable expressions signal such statements. Robo.ai Inc. may also communicate forward-looking views in its SEC reports, annual shareholder communications, other press materials, and through statements by its management. Statements that are not purely historical, including those concerning the Company’s strategies, beliefs, and expectations, are forward-looking. These statements carry inherent risks and uncertainties. Various factors could lead actual outcomes to differ significantly from those projected, including: the Company’s business strategies, growth prospects, and financial performance; its short operational track record; its capacity to achieve profitability and positive cash flow; its competitive position; and its ability to manage its brand reputation. More details on these and other risks are in the Company’s SEC filings. All information herein is current as of this release’s date, and the Company assumes no duty to revise any forward-looking statements, except as mandated by law.

SOURCE Robo.ai Inc.

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