Robo.ai Inc. Announces Results of Extraordinary General Meeting

Shareholders approve Robo.ai’s expanded authorized capital and a sixth amended and restated memorandum and articles of association.

Rhea-AI Summary

Robo.ai (AIIO) reports that all resolutions at its September 22, 2026 extraordinary general meeting in Dubai were approved by shareholders.

Following the vote, the company’s authorized share capital is set at US$4,000,000, divided into 2,000,000,000 shares. This comprises 250,000,000 Class A ordinary shares and 1,750,000,000 Class B ordinary shares, each with a par value of US$0.002 per share. Shareholders also approved the adoption of the company’s sixth amended and restated memorandum and articles of association, updating its core corporate governance documents.

Positive

• Authorized share capital set at US$4,000,000 divided into 2,000,000,000 shares
• Creation of 250,000,000 Class A and 1,750,000,000 Class B ordinary shares at US$0.002 par value
• Shareholders adopt sixth amended and restated memorandum and articles of association

Negative

• None.

Market Context

AIIO was down 1.83% before publication; the release confirmed shareholder adoption of the authorized...

Analysis

AIIO was down 1.83% before publication; the release confirmed shareholder adoption of the authorized-capital resolutions previously disclosed in the Sep 8 EGM notice.

Key Figures

Authorized share capital: US$4,000,000 Authorized shares: 2,000,000,000 shares Par value: US$0.002 per share

Authorized share capital

US$4,000,000

Following adoption of the proposed resolutions

Authorized shares

2,000,000,000 shares

250,000,000 Class A and 1,750,000,000 Class B ordinary shares

Par value

US$0.002 per share

Class A and Class B ordinary shares

Previous AI Reports

1 past event · Latest: Sep 8

Same Type 1 event

1. Sep 8

   EGM capital proposal

   24h Move

   -4.6%

   EGM notice disclosed the same authorized-capital increase later adopted by shareholders

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

authorized share capital, memorandum and articles of association

2 terms

authorized share capital financial

"the Company's authorized share capital is increased to US$4,000,000"

The maximum number of shares a company is legally allowed to issue according to its governing documents. Think of it as the size of the blank checkbook a company keeps for selling ownership stakes: it sets an upper limit but does not mean all shares are in circulation. Investors care because a larger authorized amount makes it easier for the company to raise money or grant stock-based pay, which can dilute existing holdings and affect control and value per share.

memorandum and articles of association regulatory

"the sixth amended and restated memorandum and articles of association are adopted"

Memorandum and articles of association are the founding legal documents of a company: the memorandum sets out the company’s basic purpose and scope, while the articles act as its internal rulebook detailing how the company is run, who has what powers, and how decisions are made. For investors these documents matter because they define ownership rights, voting rules, limits on activities, and procedures for major changes—like a contract and rulebook that determine how their investment can be used and protected.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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DUBAI, UAE, Sept. 22, 2026 /PRNewswire/ -- Robo.ai Inc. (Nasdaq: AIIO) (the "Company"), a UAE-based, U.S.-listed company, today announced that each of the proposed resolutions submitted for shareholder approval as set forth in the notice of extraordinary general meeting of shareholders dated September 8, 2026 has been adopted at its extraordinary general meeting of shareholders held in Dubai, United Arab Emirates today.

After the adoption of the proposed resolutions, (i) the Company's authorized share capital is increased to US$4,000,000, divided into 2,000,000,000 shares comprising 250,000,000 Class A ordinary shares and 1,750,000,000 Class B ordinary shares, par value US$0.002 per share, and (ii) the sixth amended and restated memorandum and articles of association are adopted.

About Robo.ai Inc.

Robo.ai Inc. (Nasdaq: AIIO), headquartered in Dubai, United Arab Emirates, is a Nasdaq-listed technology group building intelligent infrastructure across four platforms: artificial intelligence; robotics and smart mobility; advanced manufacturing; and digital assets and capital. Its industrial group, Alif Holding, is dedicated to building intelligent industries through the development, integration and manufacturing of AI systems, serving government, public sector and mission-critical domains. Through its subsidiary Neurovia AI, the Company develops AI software and visual data infrastructure. Quantum Core Capital ("QC Capital"), its AI-powered deep-tech holding and venture-building platform, incubates, invests in and operates businesses across artificial intelligence, robotics, digital infrastructure and the next-generation digital economy.

Forward-Looking Statements

This press release contains statements that may constitute "forward-looking" statements pursuant to the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "aims," "future," "intends," "plans," "believes," "estimates," "targets," "likely to," "challenges," and similar statements. Robo.ai may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the "SEC"), in its annual report to shareholders, in press releases and other written materials, and in oral statements made by its officers, directors, or employees to third parties. Statements that are not historical facts, including statements about Robo.ai's beliefs, plans, and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: Robo.ai's strategies, future business development, and financial condition and results of operations; Robo.ai's limited operating history in its current business; Robo.ai's ability to generate positive cash flow and profits; Robo.ai's ability to compete successfully; Robo.ai's ability to build its brand and withstand negative publicity; and changes in customer demand and government incentives, subsidies, or other favorable government policies. Further information regarding these and other risks is included in Robo.ai's filings with the SEC. All information provided in this press release is as of the date of this press release, and Robo.ai does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

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SOURCE Robo.ai Inc.