Robo.ai Plans 1-for-25 Reverse Stock Split, EGM Set for Oct. 26
UAE-based Nasdaq-listed Robo.ai Inc. will seek shareholder approval for a 1-for-25 reverse stock split at an extraordinary general meeting.
Robo.ai Inc. (Nasdaq: AIIO), a UAE-based company listed on the Nasdaq exchange, announced plans Thursday to implement a 1-for-25 reverse stock split of all classes of its ordinary shares, pending shareholder approval at an extraordinary general meeting scheduled for October 26, 2026.
The Dubai-headquartered firm disclosed the planned corporate action in a press release dated October 16, 2026. A reverse stock split of this magnitude consolidates existing shares into fewer, proportionally higher-priced units — a move companies often pursue to meet exchange minimum bid price requirements or to reposition the stock for institutional investors.
Read more Robo.ai Plans 1-for-25 Reverse Stock Split, Sets October 26 EGM →
Shareholders will convene at the extraordinary general meeting to vote on the measure. If approved, the consolidation would reduce the total number of outstanding ordinary shares across all share classes by a factor of 25, with each shareholder's proportional ownership remaining unchanged.
Reverse splits at ratios as steep as 1-for-25 can signal that a company's share price has fallen to levels that risk noncompliance with Nasdaq listing standards, though the company did not state an explicit reason for the action in its announcement. The outcome of the October 26 vote will determine whether the split moves forward.
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