Robo.ai (NASDAQ: AIIO) logs 1-for-20 reverse split, resales updated
Rhea-AI Filing Summary
Robo.ai Inc. registers up to 295,145,910 Class B ordinary shares for resale by selling securityholders under a prospectus supplement dated April 1, 2026. The supplement also discloses a 1-for-20 reverse stock split of all ordinary shares effective April 6, 2026 to seek compliance with Nasdaq's $1.00 minimum bid rule.
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Key Figures
Registered shares: 295,145,910 shares
Closing price: $0.1066
Reverse split ratio: 1-for-20
+3 more
6 metrics
Registered shares
295,145,910 shares
maximum Class B shares registered for resale (Prospectus Supplement No. 12)
Closing price
$0.1066
closing price of Class B ordinary shares on Nasdaq on March 31, 2026
Reverse split ratio
1-for-20
reverse stock split of all ordinary shares effective April 6, 2026
Class B shares before split
355,750,058 shares
Class B ordinary shares outstanding prior to the reverse split
Class B shares after split
17,787,525 shares
Class B ordinary shares outstanding after the 1-for-20 reverse split
Effective date
April 6, 2026
reverse split effective at 8:00 am U.S. Eastern time
Key Terms
reverse stock split, prospectus supplement, selling securityholders, CUSIP
4 terms
reverse stock split financial
"implement a 1-for-20 reverse stock split of all classes of the Company’s ordinary shares"
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.
prospectus supplement regulatory
"This prospectus supplement is being filed to update and supplement the information contained in the prospectus"
A prospectus supplement is an additional document provided alongside a company's main offering details, offering updated or extra information about a specific financial product being sold. It helps investors understand the latest terms, risks, and details of the investment, similar to how an update or revision clarifies or expands on original instructions, ensuring they have current and complete information before making a decision.
selling securityholders financial
"potential offer and sale from time to time by the selling securityholders named therein"
Selling securityholders are existing owners of a company's stocks or other tradable claims who are offering some or all of their holdings for sale in a public offering or secondary transaction. Investors watch these sellers because large or insider sales can increase the number of shares available, put downward pressure on price, and signal insiders’ views about future prospects—much like many people selling tickets at once can change the market for an event.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does Robo.ai's prospectus supplement register (AIIO)?
Answer: The supplement registers up to 295,145,910 Class B ordinary shares for resale by selling securityholders. It updates the September 25, 2025 prospectus and ties to a Form 6-K furnished April 1, 2026.
What reverse stock split is Robo.ai (AIIO) implementing and when?
Answer: Robo.ai will implement a 1-for-20 reverse stock split of all ordinary shares, effective at 8:00 am U.S. Eastern time on April 6, 2026, with Class B shares trading on an adjusted basis that day.
Why is Robo.ai (AIIO) doing the reverse stock split?
Answer: The reverse stock split is being implemented to attempt to regain compliance with the Nasdaq Capital Market's $1.00 minimum bid price requirement for continued listing of the Class B ordinary shares.