Robo.ai Inc. Confirms Upcoming Reverse Stock Split to Meet Nasdaq Requirements
Robo.ai Inc. Confirms Upcoming Reverse Stock Split to Meet Nasdaq Requirements
Robo.ai Inc. (Nasdaq: AIIO), a technology firm headquartered in Dubai and listed in the United States, has announced that it will proceed with its previously disclosed reverse stock split. This important corporate action will take effect at the opening of trading on November 6, 2026. The company is implementing a 1-for-25 reverse stock split for all classes of its ordinary shares, which comprises both Class A and Class B shares.
What This Means for Shareholders
Before the split, Robo.ai had a total of 13,817,501 Class A ordinary shares and a whopping 222,116,290 Class B ordinary shares issued and outstanding. Post-split, these figures will drastically change to 552,700 Class A shares and 8,894,680 Class B shares. The Class B ordinary shares will continue to trade under the ticker symbol
Topics Financial Services & Investing）
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