Ayro Stock Price, News & Analysis

AYRO, Inc., historically listed on Nasdaq under the ticker symbol AYRO, has undergone a significant transformation and is now known as StableX Technologies, Inc., trading under the symbol SBLX. According to an 8-K filed on August 26, 2025, the company filed a Certificate of Amendment to change its name from AYRO, Inc. to StableX Technologies, Inc., effective August 22, 2025, and its common stock began trading under the new ticker SBLX on the Nasdaq Stock Market before the open of trading on August 25, 2025. The name change did not alter the rights of security holders.

Prior to this corporate rebranding, AYRO was described in company press releases as a designer and manufacturer of electric, purpose-built delivery vehicles and solutions for micro-distribution, micro-mobility, and last-mile delivery. The company stated that it designs and produces zero emission vehicles and systems, with a stated goal of crafting solutions that leave minimal impact on carbon emissions and on physical space. AYRO highlighted the AYRO Vanish as the first vehicle in its product roadmap of low-speed electric vehicles.

AYRO also announced several strategic initiatives related to its vehicle business. In multiple news releases, the company described a partnership with GLV Ventures for lower-cost engineering and manufacturing in the United States, beginning with the Vanish electric vehicle. AYRO indicated that it intended to use GLV’s U.S.-based manufacturing footprint to redesign and manufacture the Vanish using its original specifications, with the objective of improving unit profitability and maintaining a "Made in America" focus for low-speed electric vehicles. Through this partnership, AYRO later reported that it became a tier one supplier for General Motors and secured a purchase order from a top three U.S. automotive manufacturer.

In addition to its vehicle activities, AYRO expanded into AI-driven manufacturing capabilities. In February 2025, the company announced the launch of a robotics division focused on AI-driven automated manufacturing of electric vehicles and related accessories. AYRO reported receiving a first purchase order for high-technology EV chargers requiring precision assembly by robotic equipment, and noted that the client providing the purchase order leased space within warehouses owned by GLV to house the robotic equipment.

Beginning in mid-2025, AYRO disclosed a strategic shift toward digital asset and stablecoin-related activities. On June 24, 2025, the company announced that it was exploring strategic alternatives, including digital asset initiatives focused on the underlying technology of crypto-based stablecoins, while also pursuing operational initiatives to grow its core vehicle business. The company referenced a strong cash position that it believed would enable it to pursue these strategic paths.

On July 14, 2025, AYRO reported that it had regained compliance with Nasdaq Listing Rule 5550(a)(2) regarding the minimum bid price. In that same release, the company reiterated that it was seeking growth opportunities in emerging digital markets, with a specific interest in technologies underlying stablecoins, while continuing to design and produce zero emission vehicles and systems, including the AYRO Vanish.

The company then announced a more defined digital asset strategy. On August 5, 2025, AYRO stated that it was launching what it described as the first pureplay multi-token investment strategy targeting the acquisition of $100 million in crypto tokens directly tied to the growth of the stablecoin industry. The company indicated that this strategy was to be led by James Altucher as Digital Treasury Asset Manager and that it intended to acquire tokens that support stablecoin issuance and infrastructure, combining potential long-term capital appreciation with yield generation. AYRO also disclosed a private placement financing involving Series I convertible preferred stock and warrants, and noted that it intended to raise additional capital to support its efforts.

Following this announcement, the company formalized its transformation. On August 22, 2025, a press release stated that AYRO, Inc. had changed its corporate name to StableX Technologies, Inc. to reflect its new primary focus on investing in foundational tokens that power the stablecoin industry. The release also confirmed that the ticker would change from AYRO to SBLX on Nasdaq. The company described its goal as building a diversified portfolio of stablecoin-related assets and platforms, and characterized this change as the culmination of a broader strategic realignment initiated earlier in the year.

Subsequent news further detailed the new focus. On September 9, 2025, StableX Technologies, Inc., identified as formerly AYRO, Inc. and trading as SBLX, announced that it had initiated a purchase of FLUID tokens. The company described this as its first token purchase under its strategy of investing in tokens that power the stablecoin industry, and indicated that it planned up to $100 million of purchases in crypto tokens associated with the stablecoin ecosystem. The press release emphasized that the strategy centers on acquiring tokens that are foundational to the stablecoin industry and that the company intends to expand this portfolio over time.

From a corporate governance and capital structure perspective, multiple 8-K filings in 2025 describe actions related to preferred stock, warrants, a rights agreement, and amendments to the company’s certificate of incorporation. These include the creation of Series I Convertible Preferred Stock and associated warrants through a Securities Purchase Agreement dated August 4, 2025; an August 6, 2025 Certificate of Designations for the Series I Preferred Stock; amendments to the terms of previously issued Series H-7 Preferred Stock and related warrants; and a July 31, 2025 rights agreement establishing preferred share purchase rights tied to Series A Junior Participating Preferred Stock. In June 2025, the company also effected a 1-for-16 reverse stock split of its common stock, with proportional adjustments to equity awards, warrants, and other convertible securities.

SEC filings in late 2025 under the StableX Technologies, Inc. name describe additional corporate developments. An 8-K dated September 22, 2025 reports a change in the company’s independent registered public accounting firm, noting the dismissal of CBIZ CPAs P.C. and the engagement of Stephano Slack LLC. The filing references previously disclosed material weaknesses in internal control over financial reporting, including documentation and testing of controls and segregation of duties, as described in the company’s Annual Report for the fiscal year ended December 31, 2024. Another 8-K dated October 6, 2025 reports stockholder approval of an amendment to the company’s long-term incentive plan to increase the number of shares available for awards, as well as approval of matters related to the issuance of common stock underlying Series I Preferred Stock and warrants.

For investors reviewing the historical AYRO ticker, it is important to recognize that the symbol AYRO now represents the prior name of a company that has rebranded as StableX Technologies, Inc. and shifted its primary strategic focus toward investments in tokens and assets associated with the stablecoin industry, while historical disclosures and news releases also describe its activities in electric vehicles, robotics, and contract manufacturing.

Business evolution and segments

Based on the company’s own public statements, its activities can be viewed in two broad phases. In the earlier phase under the AYRO name, the company emphasized:

• Design and production of zero emission vehicles and systems, including the AYRO Vanish low-speed electric vehicle.
• Solutions for micro-distribution, micro-mobility, and last-mile delivery.
• Partnerships for engineering and manufacturing, notably with GLV Ventures in the United States.
• Expansion into AI-driven automated manufacturing through a robotics division focused on EVs and support products such as high-technology EV chargers.

In the later phase, coinciding with the transition to StableX Technologies, Inc. and the SBLX ticker, the company has described a primary focus on:

• Investing in multiple crypto tokens that are foundational to the stablecoin ecosystem.
• Building a portfolio intended to act as a proxy for growth in the stablecoin market.
• Executing token purchases, including the announced purchase of FLUID tokens.
• Using a digital asset treasury strategy led by a Digital Treasury Asset Manager.

Throughout this evolution, the company has also referenced ongoing evaluation of strategic alternatives and efforts to enhance stockholder value, as reflected in its press releases and SEC filings.

Corporate actions and capital structure highlights

AYRO/StableX has reported several notable corporate and capital structure actions in its filings:

• A 1-for-16 reverse stock split of common stock effective June 25, 2025, with trading on a split-adjusted basis beginning June 26, 2025, while retaining the AYRO symbol at that time.
• A Securities Purchase Agreement dated August 4, 2025 for Series I Convertible Preferred Stock and associated warrants, with gross proceeds described in the related 8-K filings and subsequent amendments.
• An August 26, 2025 8-K describing an omnibus amendment to certain warrants (Series I and Series H-7 Warrants), including changes to definitions related to fundamental transactions and volatility inputs used in Black Scholes value calculations.
• A rights agreement dated July 31, 2025 establishing preferred share purchase rights tied to Series A Junior Participating Preferred Stock, with terms summarized in an 8-K filed on August 1, 2025.
• Stockholder approvals at a special meeting on October 3, 2025, including an increase in the number of shares available under the company’s long-term incentive plan and approval of common stock issuances related to Series I Preferred Stock and warrants.

Use of the AYRO ticker as historical reference

Because the company has changed its corporate name and trading symbol, the AYRO ticker now serves primarily as a historical reference for the period before the transition to StableX Technologies, Inc. Investors and researchers using the AYRO symbol should be aware that current trading and corporate information is associated with the SBLX symbol, as disclosed in the company’s August 26, 2025 8-K and related press release.

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