#Stock Split #Dubai #UAE #shareholder meeting #Robo.ai

Robo.ai Inc. Announces Upcoming Changes and General Meeting

Robo.ai Inc., a prominent technology firm based in Dubai and registered in the U.S., has disclosed significant changes slated for implementation pending shareholder approval. Set for October 26, 2026, the extraordinary general meeting (EGM) will discuss a 1 for 25 reverse stock split affecting all classes of the company's ordinary shares, specifically Class A and Class B shares. This adjustment marks a pivotal moment for the company as it aims to enhance its market position and shareholder value.

Understanding the Reverse Stock Split

The reverse stock split, effective at 9:30 AM ET on November 6, 2026, will see the total number of outstanding Class A shares reduced from 13,817,501 to 552,701, while Class B shares will decrease from 222,116,290 to 8,884,684. The Class B shares will commence trading under the unchanged ticker symbol AIIO on an adjusted basis after this split. This strategic move is anticipated to stabilize and potentially increase the share price. However, Robo.ai has clarified that there is no guarantee the post-split price will reach or exceed twenty-five times the pre-split value.

The company has assured shareholders that their percentage ownership will remain unchanged following the split, although adjustments for fractional shares will be implemented. Notably, shareholders entitles to fractional shares will receive full ordinary shares in lieu.

Details of the Extraordinary General Meeting

The EGM is scheduled to take place at Meydan Grandstand, located on the 6th floor of Meydan Road, Nad Al Sheba in Dubai. Shareholders can also join via a live webcast for voting and inquiries at www.proxydocs.com/aiio. Those eligible to vote will include all shareholders of record by the end of business on October 14, 2026. At this meeting, Class A shareholders will have twenty-five votes per share, while Class B shareholders will have one vote each.

Key resolutions to be voted on at the EGM include:
1. Share Consolidation: Shareholders will consider consolidating shares from the old par value of $0.002 to a new par value of $0.05 for both Class A and B ordinary shares in a ratio of 25-to-1.
2. Increase in Authorized Share Capital: Following consolidation, the company’s authorized share capital is proposed to increase significantly from $4,000,000 to $19,250,000, which includes new class shares to further stimulate growth and operational efficiency.
3. Amendments to Memorandum and Articles of Association: A new memorandum and articles of association reflecting the proposed changes will be established to streamline governance and clarify shareholder rights.

Conclusion

As Robo.ai moves forward with these transformative measures, the company reinforces its commitment to its shareholders by ensuring clear communication and involvement in decision-making processes. All relevant materials regarding the EGM can be accessed by stakeholders for thorough understanding.

Reminder to Shareholders: It is crucial for all investors to carefully review the materials provided ahead of the EGM, as they contain significant information regarding the company’s future direction and implications of the proposed measures.

About Robo.ai Inc.
Robo.ai Inc. operates across multiple sectors, including artificial intelligence and digital assets, establishing itself as a leader in intelligent infrastructure. With its subsidiary, Neurovia AI, the company focuses on developing cutting-edge AI solutions that serve various sectors, encompassing government and public domains. Through continuous innovation and strategic decisions, Robo.ai demonstrates its ambition to enhance technological infrastructures worldwide.