NWTN Inc. Transforms into Robo.ai Inc. Following Key Shareholder Meeting on August 12, 2025
On August 12, 2025, NWTN Inc., a publicly traded firm in the UAE, convened an extraordinary general meeting where significant resolutions were passed, marking a pivotal transformation for the company. One of the central outcomes of this meeting was the adoption of a special resolution to officially change the company's name from "NWTN Inc." to "Robo.ai Inc." This name change signifies a new era for the company as it shifts focus and vision.
The meeting, which commenced at 3 p.m. local time in Dubai, also saw shareholders vote to appoint Yehong Ji as an independent director. Ji's extensive experience in global capital markets is expected to fortify the company's governance, especially in navigating the digital transformation landscape. This is a critical move as NWTN transitions towards an intelligent technology framework, aiming to innovate and excel in smart mobility and manufacturing sectors.
Additionally, in accordance with the name change, a special resolution was passed to amend the company’s Memorandum and Articles of Association. The current Second Amended and Restated Memorandum will be replaced with a new Third Amended and Restated version, reflecting the new name and aligning with the company’s strategic direction.
An ordinary resolution authorized the company’s executives to take any necessary actions to effectuate the name change and other related agreements. This includes ensuring compliance with registration and filing procedures in the Cayman Islands, where the company is incorporated. Such structural adjustments are essential for facilitating the transition as Robo.ai Inc. prepares to launch into its new operational phase.
The company is optimistic about executing the name change and associated registrations promptly and will communicate the official update to the public once it takes effect. This strategic revamp is part of a broader goal to establish a resilient technological ecosystem that incorporates smart manufacturing and mobility advancements as core components of its business model.
NWTN, now Robo.ai, aims to leverage its innovative capabilities within the MENA region and extend its reach into Southern Europe and beyond. As traces of traditional industry practices begin to fade, Robo.ai embodies a forward-thinking approach that prioritizes sustainable development through technological enhancement.
In a statement from the company's board, they emphasized the importance of innovation and flexibility in today’s rapidly evolving market. The addition of Yehong Ji to the board is viewed as a significant asset, given his prior role in high-level banking and finance at Barclays. Board members articulated their confidence in Ji's leadership skills and strategic insight, which are anticipated to drive the company toward fulfilling its ambitious objectives.
This transformative meeting comes at a time when many companies are reassessing their identities and market strategies amid global changes. As Robo.ai, the company seeks to not only meet but exceed the expectations of its stakeholders through strategic insights and technological prowess. Shareholders were informed that ongoing developments might require further meetings if sufficient votes were not achieved; however, the meeting ended on a positive note with ample support for the proposals put forth.
As Robo.ai Inc. embarks on this new journey, it stands committed to its mission of thumping away old practices in favor of innovative solutions that enhance smart technology usage globally. The focus on developing a robust technological framework ensures it is well-positioned to meet future demands and challenges within a competitive landscape.
The meeting, which commenced at 3 p.m. local time in Dubai, also saw shareholders vote to appoint Yehong Ji as an independent director. Ji's extensive experience in global capital markets is expected to fortify the company's governance, especially in navigating the digital transformation landscape. This is a critical move as NWTN transitions towards an intelligent technology framework, aiming to innovate and excel in smart mobility and manufacturing sectors.
Additionally, in accordance with the name change, a special resolution was passed to amend the company’s Memorandum and Articles of Association. The current Second Amended and Restated Memorandum will be replaced with a new Third Amended and Restated version, reflecting the new name and aligning with the company’s strategic direction.
An ordinary resolution authorized the company’s executives to take any necessary actions to effectuate the name change and other related agreements. This includes ensuring compliance with registration and filing procedures in the Cayman Islands, where the company is incorporated. Such structural adjustments are essential for facilitating the transition as Robo.ai Inc. prepares to launch into its new operational phase.
The company is optimistic about executing the name change and associated registrations promptly and will communicate the official update to the public once it takes effect. This strategic revamp is part of a broader goal to establish a resilient technological ecosystem that incorporates smart manufacturing and mobility advancements as core components of its business model.
NWTN, now Robo.ai, aims to leverage its innovative capabilities within the MENA region and extend its reach into Southern Europe and beyond. As traces of traditional industry practices begin to fade, Robo.ai embodies a forward-thinking approach that prioritizes sustainable development through technological enhancement.
In a statement from the company's board, they emphasized the importance of innovation and flexibility in today’s rapidly evolving market. The addition of Yehong Ji to the board is viewed as a significant asset, given his prior role in high-level banking and finance at Barclays. Board members articulated their confidence in Ji's leadership skills and strategic insight, which are anticipated to drive the company toward fulfilling its ambitious objectives.
This transformative meeting comes at a time when many companies are reassessing their identities and market strategies amid global changes. As Robo.ai, the company seeks to not only meet but exceed the expectations of its stakeholders through strategic insights and technological prowess. Shareholders were informed that ongoing developments might require further meetings if sufficient votes were not achieved; however, the meeting ended on a positive note with ample support for the proposals put forth.
As Robo.ai Inc. embarks on this new journey, it stands committed to its mission of thumping away old practices in favor of innovative solutions that enhance smart technology usage globally. The focus on developing a robust technological framework ensures it is well-positioned to meet future demands and challenges within a competitive landscape.
Topics Business Technology）
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