Robo.ai (NASDAQ: AIIO) announces 1-for-20 reverse split, adjusted share counts
Rhea-AI Filing Summary
Robo.ai Inc. filed a prospectus supplement updating its Form F-1 registration to cover the potential resale of up to 150,500,000 Class B ordinary shares. The company also announced a 1-for-20 reverse stock split effective April 6, 2026 to seek compliance with Nasdaq's $1.00 minimum bid price requirement; trading will reflect the split at market open on that date.
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Key Figures
Registered Class B shares: 150,500,000 shares
Closing price (pre-split): $0.1066
Reverse split ratio: 1-for-20
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8 metrics
Registered Class B shares
150,500,000 shares
Prospectus Supplement No. 5 to Form F-1
Closing price (pre-split)
$0.1066
Closing price on Nasdaq on March 31, 2026
Reverse split ratio
1-for-20
Effective April 6, 2026 at 8:00 am U.S. Eastern
Class B outstanding (pre-split)
355,750,058 shares
Outstanding before 1-for-20 reverse split
Class B outstanding (post-split)
17,787,525 shares
Expected outstanding after 1-for-20 reverse split
Class A outstanding (pre-split)
36,350,011 shares
Outstanding before 1-for-20 reverse split
Class A outstanding (post-split)
1,817,501 shares
Expected outstanding after 1-for-20 reverse split
New CUSIP
G6693P122
New CUSIP for Class B ordinary shares after reverse split
Key Terms
reverse stock split, fractional shares, Class B ordinary shares, Nasdaq minimum bid price requirement
4 terms
reverse stock split financial
"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 minimum bid price requirement regulatory
"to regain compliance with the US$1.00 minimum bid price requirement"
A Nasdaq minimum bid price requirement is a rule that a stock must trade above a set lowest share price (commonly $1) over a defined period to remain listed. It matters to investors because falling below that floor can trigger warnings, potential delisting, or corrective steps by the company — similar to failing to meet a grade that risks losing enrollment — which can reduce liquidity, access, and share value.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does the Robo.ai (AIIO) prospectus supplement register?
It registers up to 150,500,000 Class B ordinary shares for potential resale. The supplement updates the Form F-1 prospectus and must be read with the base prospectus and prior supplements.
When does Robo.ai's 1-for-20 reverse stock split take effect?
The reverse split is effective at 8:00 am U.S. Eastern on April 6, 2026. Class B shares will trade on an adjusted basis under the existing ticker at market open that day.
Why is Robo.ai implementing the reverse stock split?
The company says the split is to regain compliance with Nasdaq's $1.00 minimum bid price requirement for continued listing of its Class B ordinary shares.
What was Robo.ai's Class B closing price before the split?
The closing price reported was $0.1066 on March 31, 2026. The company cautioned the post-split price may not equal 20× the pre-split price.