Robo.ai Announces 1-for-25 Reverse Stock Split & EGM

DUBAI, UAE, October 16, 2026 -- Robo.ai Inc. (Nasdaq: AIIO), a UAE-based and U.S.-listed technology group, announced that it will implement a 1-for-25 reverse stock split of its ordinary shares, subject to shareholder approval at an upcoming extraordinary general meeting (EGM). The reverse stock split will affect both Class A and publicly traded Class B ordinary shares, becoming effective at 9:30 am U.S. Eastern time on November 6, 2026. Following the split, the Class B ordinary shares will continue trading on Nasdaq under the existing ticker symbol AIIO with a new CUSIP number.

Transaction Details

• Ratio: 1-for-25 reverse stock split
• Effective Date: November 6, 2026
• Class A Shares: Reduced from 13,817,501 to 552,701 issued and outstanding shares
• Class B Shares: Reduced from 222,116,290 to 8,884,684 issued and outstanding shares
• New CUSIP: G6693P130

The extraordinary general meeting is scheduled for October 26, 2026, in Dubai, United Arab Emirates, where shareholders will vote on the proposed reverse stock split, authorized share capital adjustments, and the adoption of the seventh amended and restated memorandum and articles of association. Shareholders of record as of October 14, 2026, are entitled to vote at the meeting.