NWTN Inc. to Hold 2025 Extraordinary General Meeting on August 12, 2025
NWTN Inc. (Nasdaq: NWTN) announced it will hold an Extraordinary General Meeting on August 12, 2025 at its Dubai headquarters.
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NWTN Inc. (Nasdaq: NWTN) announced it will hold an Extraordinary General Meeting on August 12, 2025 at its Dubai headquarters. The company plans several significant changes, including rebranding to Robo.ai Inc. and restructuring its Board of Directors.
Key proposals include removing three independent directors (Alain Batty, Joseph Levinson, and Michael S. Cashel) and executive director Aaron Huainan Liao, while appointing Yehong Ji as a new independent director. Shareholders of record as of July 16, 2025 are eligible to vote, with Class A shares carrying 25 votes each and Class B shares carrying one vote each.
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Holders of ordinary shares of record on the close of business on July 16, 2025 (the "Record Date") or their proxy holders are entitled to vote at the Extraordinary General Meeting or any adjournment or postponements thereof. As of the Record Date, each Class A ordinary share is entitled to twenty-five votes, and each Class B ordinary share is entitled to one vote.
The Company proposed to (i) change the Company's name from "NWTN Inc." to "Robo.ai Inc.", (ii) remove independent directors Alain Batty, Joseph Levinson, and Michael S. Cashel, and executive director Aaron Huainan Liao from the board of directors of the Company (the "Board"), (iii) appoint Yehong Ji as a new independent director of the Company, (iv) amend and restate the currently effective Second Amended and Restated Memorandum and Articles of Association of the Company by the deletion in their entirety and by the substitution in their place of the Third Amended and Restated Memorandum and Articles of Association to reflect the change of the Company's name, and (v) authorize any one director or executive officer of the Company to take any and every action that might be necessary, appropriate or desirable to give effect to the foregoing resolutions as such director or executive officer, in his/her absolute discretion, thinks fit, including but not limited to, attendance on any filing or registration procedures for and on behalf of the Company in the
The notice of the extraordinary general meeting sets forth the resolutions to be submitted to shareholders of the Company for approval and other relevant information regarding the extraordinary general meeting and how to vote ordinary shares at the extraordinary general meeting.
INVESTORS AND SHAREHOLDERS ARE URGED TO READ CAREFULLY AND IN THEIR ENTIRETY THE MATERIALS FILED WITH OR FURNISHED TO THE
About NWTN Inc.
NWTN (Nasdaq: NWTN), a
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SOURCE NWTN Inc.
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