AI OKTO agrees to sell Dream Arrax for $18M
Both boards approved the terms after negotiation and recommendations by special committees of independent and disinterested directors.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
6-K
Rhea-AI Filing Summary
AI OKTO Corp. entered into an agreement to sell the Dream Arrax, a 2015-built 5,000 cbm LPG carrier, for a sale price of $18 million to a wholly owned subsidiary of Robin Energy Ltd., a Nasdaq-listed company controlled by AI OKTO’s chairman and chief executive officer.
Delivery is expected during the fourth quarter of 2026, subject to customary closing conditions. After the transaction, AI OKTO says its fleet will consist of one 5,000 cbm LPG carrier.
Filing Explained
This 6-K incorporates the sale announcement into AI OKTO’s October 20 Form F-3, but that registration statement is not effective; the filing adds the announcement to the registration record without making the shelf effective.
Key Figures
Sale price: $18 million
Vessel capacity: 5,000 cbm
Year built: 2015
+2 more
5 metrics
Sale price
$18 million
Agreed sale price for the Dream Arrax
Vessel capacity
5,000 cbm
Dream Arrax LPG carrier
Year built
2015
Dream Arrax
Expected delivery
Fourth quarter of 2026
Expected delivery to the new owner
Fleet after the transaction
One 5,000 cbm LPG Carrier
AI OKTO’s stated fleet following the transaction
Key Terms
LPG Carrier, cbm, wholly owned subsidiary, customary closing conditions
4 terms
LPG Carrier technical
"5,000 cbm LPG Carrier vessel"
An LPG carrier is a specialized ship that transports liquefied petroleum gases (like propane and butane) kept cold or pressurized so they remain liquid and safe during sea voyages. Investors care because these vessels connect gas producers to buyers worldwide: their availability, rental rates, fuel and operating costs, and safety or regulatory issues influence shipping company earnings and the broader supply and price of LPG, much like delivery trucks affect retail supply chains.
cbm technical
"5,000 cbm LPG Carrier vessel"
cbm stands for cubic meter, a measure of volume equal to a cube one meter on each side used to quantify cargo, storage space, or material volumes. Investors monitor cbm because it directly affects shipping and storage costs, production capacity and revenue for businesses that move or store physical goods—think of it as how many sofa-sized boxes fit in a truck; more cbm means higher logistical needs and potential cost impact.
wholly owned subsidiary financial
"a wholly owned subsidiary of Robin"
A wholly owned subsidiary is a company whose entire ownership is held by another company (the parent), so the parent controls decisions, operations, and finances. Think of it as a fully controlled branch that runs as its own legal entity but whose results flow straight into the parent’s financial statements; investors watch these structures because they affect consolidated revenue, risk exposure, and how profits, liabilities, and cash flow are allocated across the corporate group.
customary closing conditions regulatory
"subject to the satisfaction of certain customary closing conditions"
"Customary closing conditions" are standard rules or checks that must be met before a business deal can be finalized, like making sure all paperwork is in order or that certain approvals are obtained. They matter because they help protect both parties, ensuring everything is in place and reducing the risk of surprises or problems after the deal is closed.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How much is AIOK selling the Dream Arrax for?
AI OKTO agreed to sell the Dream Arrax for a sale price of $18 million.
Who is buying the Dream Arrax from AIOK?
A wholly owned subsidiary of Robin Energy Ltd. is the buyer under the agreement. Robin is a Nasdaq-listed company controlled by AI OKTO’s chairman and chief executive officer.
When is the Dream Arrax sale expected to close?
The vessel is expected to be delivered to its new owner during the fourth quarter of 2026, subject to the satisfaction of customary closing conditions.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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 October 2026
Commission File Number: 001-43187
AI OKTO CORP.
(Translation of registrant’s name into English)
223 Christodoulou Chatzipavlou Street
Hawaii Royal Gardens
3036 Limassol, Cyprus
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
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Form 20-F ☒
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Form 40-F ☐
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INFORMATION CONTAINED IN THIS REPORT ON FORM 6-K
On October 23, 2026, the Registrant issued a press release, a copy of which is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
Exhibit 99.1. Press release dated
October 23, 2026.
The information contained in this Report is hereby incorporated by reference into the Registrant’s registration statement on Form F-3 (File No.
333-299534).
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.
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AI OKTO CORP.
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Dated: October 23, 2026
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By:
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/s/ Petros Panagiotidis
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Petros Panagiotidis
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Chief Executive Officer
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Exhibit 99.1
AI OKTO Announces the Sale of the LPG Carrier Dream Arrax
Limassol, Cyprus, October 23, 2026 – AI OKTO CORP. (NASDAQ: AIOK) (“AI OKTO”, or the “Company”), an international ship-owning company providing energy transportation services
globally, announced today that it has entered into an agreement with a wholly owned subsidiary of Robin Energy Ltd. (“Robin”), a Nasdaq-listed company controlled by our Chairman and Chief Executive Officer, for the
sale of the Dream Arrax, a 2015-built 5,000 cbm LPG Carrier vessel for a sale price of $18 million.
The terms of the transaction were approved by the Boards of AI OKTO and Robin, following the negotiation and recommendation by special committees of the independent and disinterested
directors of the Boards of AI OKTO and Robin.
The vessel is expected to be delivered to its new owner during the fourth quarter of 2026 and is subject to the satisfaction of certain customary closing conditions.
About AI OKTO CORP.
AI OKTO CORP. is an international ship-owning company providing energy transportation services globally. Following the above mentioned transaction, the Company’s fleet will consist of
one 5,000 cbm LPG Carrier that carries petrochemical gases worldwide.
AI OKTO is incorporated under the laws of the Republic of the Marshall Islands. The Company’s common shares trade on the Nasdaq Capital Market under the symbol “AIOK”.
For more information, please visit the Company’s website at www.aiokto.com. Information on our website does not constitute a part of this press release.
Cautionary Statement Regarding Forward-Looking Statements
Matters discussed in this press release may constitute forward-looking statements. The Private Securities Litigation Reform Act of 1995 provides safe harbor protections for forward-looking statements in order to
encourage companies to provide prospective information about their business. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other
statements, which are other than statements of historical facts, including statements related to the anticipated completion of the vessel sale and the timing of delivery of the vessel.
The Company desires to take advantage of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and is including this cautionary statement in connection with this safe harbor
legislation. The words “believe,” “anticipate,” “intends,” “estimate,” “forecast,” “project,” “plan,” “potential,” “may,” “should,” “expect” “pending” and similar expressions identify forward-looking statements. The forward-looking statements in
this press release are based upon various assumptions, many of which are based, in turn, upon further assumptions, including without limitation, our management’s examination of historical operating trends, data contained in our records and other
data available from third parties. Although we believe that these assumptions were reasonable when made, because these assumptions are inherently subject to significant uncertainties and contingencies which are difficult or impossible to predict
and are beyond our control, we cannot assure you that we will achieve or accomplish these expectations, beliefs or projections. Please see the Company’s filings with the Securities and Exchange Commission for a more complete discussion of these
and other risks and uncertainties. The information set forth herein speaks only as of the date hereof, and the Company disclaims any intention or obligation to update publicly or revise any forward-looking statements, whether as a result of new
information, future events or other developments occurring after the date of this communication.
CONTACT DETAILS
For further information please contact:
Investor Relations
AI OKTO CORP.
Email: ir@aiokto.com