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Robo.ai ends $1M Chinasky stake acquisition

Robo.ai Inc. has terminated its planned US$1,000,000 share-based acquisition of a 51% stake in Chinasky Car Trading FZE before any shares, payments or transfers occurred.

(Neutral)
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Robo.ai Inc. (AIIO) reports that its planned acquisition of 51% of Chinasky Car Trading FZE has been terminated. Roboai’s indirectly wholly owned subsidiary, Roboai Investments L.L.C-FZ, had agreed on February 19, 2026 to acquire this stake for US$1,000,000, payable in 7,388,799 Class B ordinary shares on a pre-reverse stock split basis.

On September 10, 2026, the purchaser delivered a notice terminating the share purchase agreement under its contractual terms, with termination effective immediately. As of that date, no consideration shares or other securities had been issued, no shares of the target had been transferred, and no payments of any kind had been made between the parties.

Positive

  • None.

Negative

  • None.
Agreed purchase price US$1,000,000 Total consideration for 51% of Chinasky Car Trading FZE under the terminated SPA
Equity stake in target 51% Portion of Chinasky Car Trading FZE shares to be acquired before termination
Consideration Shares 7,388,799 Class B ordinary shares Number of Robo.ai shares that would have been issued on a pre-reverse stock split basis
SPA signing date February 19, 2026 Date Robo.ai’s subsidiary entered into the share purchase agreement
Termination notice date September 10, 2026 Date the purchaser served the termination notice and the SPA ended
share purchase agreement financial
"entered into a share purchase agreement (the “SPA”) through its indirectly"
A share purchase agreement is a written contract that outlines the terms and conditions for buying and selling shares of a company. It specifies details like the price, number of shares, and any special conditions, ensuring both buyer and seller agree on the transaction. For investors, it provides clarity and legal protection, making sure the purchase is clear and enforceable.
Class B ordinary shares financial
"payable in 7,388,799 Class B ordinary shares of the Company on a"
Class B ordinary shares are a type of ownership stake in a company that typically come with different voting rights or privileges compared to other share classes. For investors, they represent a way to hold part of the company’s value and influence its decisions, often with fewer voting rights than Class A shares. Understanding these shares helps investors assess their level of control and potential returns within a company.
pre-reverse stock split basis financial
"7,388,799 Class B ordinary shares of the Company on a pre-reverse stock split basis"
Consideration Shares financial
"par value of US$0.0001 per share (the “Consideration Shares”). On September 10"
foreign private issuer regulatory
"FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16"
A foreign private issuer is a company organized outside the United States that meets tests showing it is primarily foreign-controlled and therefore qualifies for a different set of U.S. reporting rules. For investors, that means the company files less frequent or differently formatted disclosures with U.S. regulators and may follow home-country accounting and governance practices, so buying its stock is like dining at a well-reviewed restaurant that follows its home kitchen’s rules instead of the local menu — you get access but should check what standards apply.

FAQ

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

What transaction did Robo.ai Inc. (AIIO) terminate in this Form 6-K?

Robo.ai Inc. terminated a share purchase agreement to acquire 51% of Chinasky Car Trading FZE, an automobile trading company in Dubai, which had been agreed on February 19, 2026 between its subsidiary Roboai Investments L.L.C-FZ and the seller, Yuntao Liu.

What was the agreed purchase price in Robo.ai (AIIO)’s terminated Chinasky acquisition?

The agreed purchase price was US$1,000,000, to be paid in 7,388,799 Class B ordinary shares of Robo.ai on a pre-reverse stock split basis, each share having a par value of US$0.0001.

When did Robo.ai (AIIO) terminate the Chinasky Car Trading FZE share purchase agreement?

Robo.ai, through its subsidiary, served a notice of termination on September 10, 2026, pursuant to Section 11.1(b) of the share purchase agreement, and the agreement was terminated immediately on that date.

Were any Robo.ai (AIIO) shares or payments made before the Chinasky acquisition was terminated?

No. As of the September 10, 2026 termination notice, no Consideration Shares or other securities had been issued, no shares of Chinasky had been transferred, and no payments of any kind had been made by either party.

Who were the parties involved in Robo.ai (AIIO)’s terminated Chinasky transaction?

The purchaser was Roboai Investments L.L.C-FZ, an indirectly wholly owned subsidiary of Robo.ai Inc., and the seller was Yuntao Liu, who owned 100% of Chinasky Car Trading FZE.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

 

FORM 6-K

 

 

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16 UNDER

THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of September 2026

 

Commission File Number: 001-41559

 

 

 

Robo.ai Inc.

(Registrant’s Name)  

 

 

 

Meydan Grandstand, 6th floor

Meydan Road

Nad Al Sheba, Dubai

United Arab Emirates

(Address of principal executive offices)    

 

 

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

 

Form 20-F ☒     Form 40-F ☐

 

 

 

 

 

Termination of Chinasky Car Trading FZE Acquisition

 

As was previously reported, on February 19, 2026, Robo.ai Inc. (Nasdaq: AIIO) (“Robo.ai” or the “Company”), a UAE-based, U.S.-listed company, entered into a share purchase agreement (the “SPA”) through its indirectly wholly owned subsidiary, Roboai Investments L.L.C-FZ (the “Purchaser”), with Yuntao Liu (the “Seller”), the 100% equity owner of Chinasky Car Trading FZE (the “Target”), an automobile trading company incorporated in Dubai under the laws of the United Arab Emirates. Pursuant to the SPA, the Purchaser agreed to acquire from the Seller 51% of the issued and outstanding shares of the Target, for a total consideration of US$1,000,000, payable in 7,388,799 Class B ordinary shares of the Company on a pre-reverse stock split basis and with par value of US$0.0001 per share (the “Consideration Shares”).

 

On September 10, 2026, the Purchaser served notice of termination on the Seller pursuant to Section 11.1(b) of the SPA. Accordingly, the SPA was terminated immediately on the date of the notice. As of the date of the notice, no Consideration Shares or other securities had been issued or registered to the Seller or to any person at the Seller’s direction; no shares in the Target had been transferred to the Purchaser or to any person at its direction; and no payment of any kind had been made by either party to the other under the SPA.

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  Robo.ai Inc.
   
Date: September 11, 2026 By: /s/ Benjamin Bin Zhai
  Name:  Benjamin Bin Zhai
  Title: Chief Executive Officer

 

 

 

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