Robo.ai Inc. (AIIO) announced a proposed 1-for-25 reverse stock split of all ordinary share classes, subject to shareholder approval, effective November 6, 2026. Before the split, the company listed 13,817,501 Class A and 222,116,290 Class B shares issued and outstanding; afterward, it projects 552,701 Class A and 8,884,684 Class B shares issued and outstanding.
At the October 26, 2026 extraordinary general meeting, shareholders are scheduled to vote on the consolidation, revised memorandum and articles, and a proposed increase in authorized share capital upon the consolidation becoming effective. The proposed authorization would move from 80,000,000 shares and US$4,000,000 to 385,000,000 shares and US$19,250,000, comprising 35,000,000 Class A and 350,000,000 Class B shares. Record-date holders have 25 votes per Class A share and one vote per Class B share.
Robo.ai Inc. announced that its majority-owned subsidiary ALIF Holding plans to establish ALIF Composites as a majority-owned subsidiary in the UAE. Production is targeted for Q4 2026, with annual manufacturing capacity of 10 million square meters of composite raw materials targeted for 2027. ALIF Composites plans to operate at the ALIF Holding Group Industrial Park in Umm Al Quwain, where Phase I broke ground on September 25, 2026. Its planned offerings include carbon fiber composites, prepregs, custom components and engineering services for marine, mobility, energy and industrial customers. Formation and production depend on site arrangements, funding, permits, commissioning and operational readiness. Robo.ai states that the capacity is a planned annual manufacturing capability, not a commitment to 2027 production, sales or revenue.
Robo.ai Inc. said preliminary, unaudited September 2026 revenue exceeded US$100 million, primarily contributed by Quantum Core Capital Limited, and currently expects approximately US$600 million in total revenue for full year 2026 based on year-to-date performance. The September figure has not been reviewed by its independent registered public accounting firm and may be adjusted through financial closing and review procedures; the company notes revenue alone does not establish profitability or operating cash flow.
Management believes existing cash, cash equivalents and short-term investments can fund current operations and capital expenditures for at least 18 to 24 months under its current operational plan. Neurovia AI is advancing AI data processing and compression technology and applications. ALIF Holding held the September 25, 2026 groundbreaking for Phase I of its Umm Al Quwain industrial park, planned to refurbish existing premises with approximately 8,845 square meters of designed gross floor area; the park is planned in three phases, with proposed Alif Maritec expected to occupy Phase I first.
Robo.ai Inc. (AIIO) reports that shareholders approved all resolutions at an extraordinary general meeting held in Dubai on September 22, 2026. The meeting adopted a sixth amended and restated memorandum and articles of association, updating the company’s Cayman Islands corporate governance framework.
Following these approvals, the company’s authorized share capital is now US$4,000,000, divided into 2,000,000,000 shares, consisting of 250,000,000 Class A ordinary shares and 1,750,000,000 Class B ordinary shares, each with a par value of US$0.002 per share. The filing mainly formalizes these capital and governance changes.
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.
Robo.ai Inc. (AIIO) reports that its industrial group, Alif Holding, plans to establish Alif Maritec in the UAE as a marine security and intelligent maritime infrastructure company, which will be a wholly owned subsidiary of Alif Holding and form part of Robo.ai’s intelligent infrastructure platform. Alif Maritec is expected to focus on maritime protection, smart ports, underwater intelligence and critical infrastructure protection, initially serving Gulf Cooperation Council markets and later expanding internationally, with integration and manufacturing in the UAE aligned with national industrial initiatives. Robo.ai also highlights that, after divesting its legacy business and acquiring Neurovia AI and Quantum Core Capital in the first half of 2026, it recorded US$46.7 million net profit attributable to shareholders for the first half, compared with a net loss a year earlier, primarily due to gains from discontinued operations. From June 1 to August 31, 2026, it generated more than US$180 million in total revenue based on preliminary, unaudited figures, reflecting initial operating contribution from its repositioned four-platform business structure.
Robo.ai Inc. (AIIO) filed a prospectus supplement updating its Form F-1 resale registration covering the potential offer and sale, from time to time, of up to 22,343,750 Class B ordinary shares, par value US$0.002 per share, by a selling shareholder and its permitted transferees.
Separately, Robo.ai announced an extraordinary general meeting on September 22, 2026 in Dubai to seek approval to increase its authorized share capital from US$400,000 (200,000,000 shares) to US$4,000,000 (2,000,000,000 shares), comprising 250,000,000 Class A and 1,750,000,000 Class B ordinary shares, and to adopt a sixth amended and restated memorandum and articles of association. Record-date shareholders, with Class A carrying 25 votes per share and Class B one vote per share, will vote on these resolutions.
Robo.ai Inc. (AIIO) has called an extraordinary general meeting (EGM) for September 22, 2026 in Dubai, with virtual participation available, to seek shareholder approval for a major increase in authorized share capital and the adoption of a sixth amended and restated memorandum and articles of association.
The proposals would raise authorized capital from US$400,000 (200,000,000 shares) to US$4,000,000 (2,000,000,000 shares), comprising 250,000,000 Class A ordinary shares and 1,750,000,000 Class B ordinary shares. The new charter embeds a dual‑class structure where each Class A ordinary share carries 25 votes and each Class B share carries 1 vote, and sets detailed rules on conversions, transfers, meetings and board governance.
Robo.ai Inc. (AIIO) reported preliminary, unaudited total revenue of over US$180 million for the three-month period from June through August 2026, largely driven by Quantum Core Capital Limited, which was acquired on June 15, 2026. Management states that operations at the acquired business have remained steady and are contributing meaningfully to overall growth as Robo.ai integrates recent acquisitions and builds technology-empowered platforms spanning AI, robotics and smart mobility, advanced manufacturing, and digital assets and capital. The company notes that the revenue figures may be adjusted during financial closing and review, and that the consideration shares for the QC Capital acquisition remain subject to a phased, revenue-linked release mechanism.
ROBO.AI INC. (AIIO) reported unaudited results for the six months ended June 30, 2026 showing a sharp change in scale and mix of its business. Net revenue from continuing operations rose to $55.1 million from $0.6 million, driven mainly by the acquisition of QC Capital and its operational management and delivery services in China. Cost of revenues increased in line, leaving gross profit at only $0.2 million.
Operating expenses surged, with general and administrative expenses climbing to $39.1 million from $2.4 million, largely due to $31.2 million in share-based compensation linked to employee incentives and service providers, plus amortization of new intangibles and added payroll. This led to a loss from operations of $39.3 million versus $3.1 million a year earlier. Despite this, net income reached $46.7 million, compared with a $2.4 million net loss, mainly because of an $89.3 million gain on the disposal of ICONIQ, which is presented as discontinued operations.
The balance sheet reflects a transformation: total assets increased to $127.2 million, including $83.0 million of intangible assets and $26.7 million of goodwill from acquisitions, while total shareholders’ equity swung from a deficit of $116.1 million to equity of $95.8 million. However, cash and cash equivalents were only $2.1 million, there was a working capital deficit of about $10.7 million, and continuing operations used $4.7 million of operating cash. Management states that these factors raise substantial doubt about the company’s ability to continue as a going concern.
To address liquidity, Robo.ai has an equity purchase facility of up to $100.0 million (with about $97.9 million still available) and a convertible note facility of up to $80.0 million (about $68.0 million available). In July 2026 it agreed to issue up to $37.5 million of senior convertible notes, completing an initial $12.5 million note for $11.5 million in proceeds. The company also completed an asset acquisition of Neurovia AI Limited, focused on AI data compression technology, and acquired QC Capital, which is consolidated through a variable interest entity structure in the PRC that relies on contractual control.