Robo.ai Inc. Announces Reverse Stock Split

Robo.ai (Nasdaq: AIIO) will implement a 1-for-20 reverse stock split of all classes of ordinary shares effective 8:00 am ET on April 6, 2026.

Rhea-AI Summary

Robo.ai (Nasdaq: AIIO) will implement a 1-for-20 reverse stock split of all classes of ordinary shares effective 8:00 am ET on April 6, 2026. The board approved the split on January 19, 2026.

Pre-split counts: 36,350,011 Class A and 355,750,058 Class B shares; post-split counts: 1,817,501 Class A and 17,787,525 Class B shares. Class B shares will trade on an adjusted basis under ticker AIIO and new CUSIP G6693P122. The split aims to regain compliance with Nasdaq's US$1.00 minimum bid requirement and will proportionately adjust options, warrants, and convertibles.

Positive

• Reverse split ratio 1-for-20 effective April 6, 2026
• Class B post-split shares reduced to 17,787,525
• Split aims to restore compliance with $1.00 Nasdaq minimum bid

Negative

• Share count reduction may decrease liquidity and float
• No assurance trading price will equal or exceed 20× pre-split price

Argus Apr 1 session

-15.10% close to close Open Argus

Details

News Market Reaction – AIIO

On Apr 1, the day this news came out, AIIO closed 15.10% below the previous close.

Data tracked by StockTitan Argus for the Apr 1 session.

Key Figures

Reverse split ratio: 1-for-20 Pre-split Class A shares: 36,350,011 shares Pre-split Class B shares: 355,750,058 shares +5 more

Reverse split ratio

1-for-20

Reverse stock split of all ordinary share classes

Pre-split Class A shares

36,350,011 shares

Outstanding before reverse split

Pre-split Class B shares

355,750,058 shares

Outstanding before reverse split

Post-split Class A shares

1,817,501 shares

Outstanding after reverse split

Post-split Class B shares

17,787,525 shares

Outstanding after reverse split

Effective time

8:00 am U.S. Eastern

Reverse split effectiveness on April 6, 2026

New CUSIP

G6693P122

CUSIP for Class B ordinary shares post-split

Minimum bid requirement

US$1.00

Nasdaq Capital Market continued listing threshold

Historical Context

5 past events · Latest: Mar 24

5 events

1. Mar 24

   Data revenue start

   24h Move

   +4.0%

   Began revenue recognition and set embodied AI data capacity targets.

2. Mar 09

   Strategy commentary

   24h Move

   +1.5%

   CEO highlighted UAE as machine economy hub and data backlog.

3. Feb 26

   Data delivery milestone

   24h Move

   -5.7%

   Completed initial intelligent data deliveries validating business model.

4. Feb 25

   Acquisition deal

   24h Move

   +18.0%

   Agreed to buy 51% of Chinasky Car Trading FZE for distribution.

5. Feb 12

   Large data order

   24h Move

   -7.1%

   Secured 30,000-hour embodied AI data contract with DaBoss.AI.

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

Key Terms

reverse stock split, nasdaq capital market, cusip, fractional shares, +1 more

5 terms

reverse stock split financial

"today announced that it will implement a 1-for-20 reverse stock split of all classes"

A reverse stock split reduces a company's number of outstanding shares while raising the price per share proportionally, so the total value of each investor's holding is unchanged; a 1-for-10 split turns 100 shares worth $1 each into 10 shares worth $10 each. Companies often do this to regain compliance with an exchange's minimum price rule or to attract investors who avoid very low-priced stocks.

nasdaq capital market regulatory

"minimum bid price requirement for continued listing on the Nasdaq Capital Market"

The Nasdaq Capital Market is a platform where smaller, emerging companies can list their shares for trading by investors. It provides these companies with access to funding and visibility, helping them grow, much like a local marketplace where new vendors can introduce their products to potential customers. For investors, it offers opportunities to discover early-stage companies with growth potential.

cusip technical

"The new CUSIP number of the Company's Class B ordinary shares will be G6693P122"

A CUSIP is a nine-character alphanumeric code that uniquely identifies a U.S. or Canadian financial security—such as a stock, bond, or fund share—like a Social Security number for an investment. It matters to investors because brokers, exchanges and record-keepers use the CUSIP to match trades, track ownership, settle transactions and pull accurate records, reducing errors and ensuring money and securities go to the right place.

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fractional shares financial

"except for adjustments that may result from the treatment of fractional shares"

Fractional shares are portions of a whole share of a stock or fund, allowing investors to own less than one full unit. They make it possible to invest a specific dollar amount rather than buy whole shares, like buying a slice of a pizza instead of the entire pie. For investors this lowers the cost barrier, helps with diversification, and lets you reinvest dividends or purchase expensive stocks in small, precise amounts.

View in glossary

convertible securities financial

"Outstanding Company options, warrants, and other applicable convertible securities will be"

Convertible securities are bonds or preferred shares that can be exchanged for a company’s common stock at a predetermined price or under specified conditions. They matter because they combine the steadiness of a loan or fixed dividend with the potential upside of ownership; like a safety‑net that carries a one‑time ticket to become a shareholder, they affect expected returns and can dilute existing stock if converted.

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DUBAI, UAE, April 1, 2026 /PRNewswire/ -- Robo.ai Inc. (Nasdaq: AIIO) (the "Company"), a technology company headquartered in the United Arab Emirates, today announced that it will implement a 1-for-20 reverse stock split of all classes of the Company's ordinary shares, including the Class A ordinary shares and the publicly traded Class B ordinary shares, effective at 8:00 am, U.S. Eastern time, on April 6, 2026. The reverse stock split was approved by the Company's board of directors on January 19, 2026 pursuant the Company's fourth amended and restated memorandum and articles of association. Before the reverse stock split, there were 36,350,011 Class A ordinary shares and 355,750,058 Class B ordinary shares. After the reverse stock split, there will be 1,817,501 Class A ordinary shares and 17,787,525 Class B ordinary shares. The Company's Class B ordinary shares will begin trading on an adjusted basis giving effect to the reverse stock split at the opening of market, U.S. Eastern time, on April 6, 2026 under the existing ticker symbol "AIIO." The new CUSIP number of the Company's Class B ordinary shares will be G6693P122.

The reverse stock split is being implemented to regain compliance with the US$1.00 minimum bid price requirement for continued listing on the Nasdaq Capital Market with respect to the Company's Class B ordinary shares. As a result of the reverse stock split, the trading price of the Class B ordinary shares is expected to increase proportionately after the effectiveness of the reverse stock split, although the Company can give no assurance that the trading price of the Class B ordinary shares after the reverse stock split will be equal to or greater than twenty times the trading price before the reverse stock split.

The reverse stock split affects all shareholders uniformly and will not alter any shareholder's percentage interest in the Company's outstanding share capital, except for adjustments that may result from the treatment of fractional shares.

Outstanding Company options, warrants, and other applicable convertible securities will be proportionately adjusted in accordance with their respective terms. No fractional shares will be issued in connection with the reverse stock split. Shareholders otherwise entitled to receive a fractional ordinary share as a result of the reverse share split will receive a full ordinary share in lieu of such fractional ordinary share.

About Robo.ai Inc.

Robo.ai Inc. (Nasdaq: AIIO) is a technology company focusing on building a global AI robotics network platform. Its mission is to integrate intelligent terminals, develop a unified AI operating system, and establish a smart contract-enabled ecosystem to drive the intelligent era. Robo.ai aims to transform into a decentralized AI asset platform, connecting all AI terminals and enabling the next wave of asset tokenization and the Internet of Things.

Safe Harbor Statement

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 Inc. 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 Inc.'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: the Company's strategies, future business development, and financial condition and results of operations; the Company's limited operating history; the Company's ability to generate positive cash flow and profits; the Company's ability to compete successfully; and the Company's ability to build its brand and withstand negative publicity. Further information regarding these and other risks is included in the Company's filings with the SEC. All information provided in this press release is as of the date of this press release, and the Company 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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is Robo.ai (AIIO) announcing for April 6, 2026?

A 1-for-20 reverse stock split effective 8:00 am ET on April 6, 2026. According to the company, the split was board-approved January 19, 2026 and will adjust share counts and trading on an adjusted basis under ticker AIIO.

How many Robo.ai (AIIO) Class B shares will exist after the reverse split?

There will be 17,787,525 Class B ordinary shares after the split. According to the company, that figure reflects the 1-for-20 consolidation from the pre-split 355,750,058 Class B shares.

Why is Robo.ai (AIIO) doing the 1-for-20 reverse split?

To regain compliance with Nasdaq's $1.00 minimum bid requirement for continued listing. According to the company, the reverse split is intended to increase the per-share trading price proportionately, though no assurance is given.

Will Robo.ai (AIIO) issue fractional shares after the reverse split?

No fractional shares will be issued; shareholders will receive a full share instead. According to the company, any fractional entitlements will be rounded up to a full ordinary share in lieu of fractional shares.