Robo.ai Plans 1-for-25 Reverse Stock Split, Sets October 26 EGM
UAE-based Nasdaq-listed Robo.ai Inc. announced a 1-for-25 reverse stock split pending shareholder approval at an October 26 extraordinary meeting.
Robo.ai Inc. (Nasdaq: AIIO), a UAE-based company listed on U.S. markets, announced plans Thursday for a 1-for-25 reverse stock split of all classes of its ordinary shares, contingent on approval from shareholders at an extraordinary general meeting scheduled for October 26, 2026.
A reverse stock split at that ratio would reduce the total number of shares outstanding by consolidating every 25 existing shares into a single share, typically raising the per-share price proportionally. Companies often pursue such moves to meet minimum share-price requirements set by stock exchanges, though no explicit rationale was disclosed in the announcement.
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The extraordinary general meeting gives shareholders a formal vote on the proposal before the split takes effect. If approved, the consolidation would apply across all share classes issued by the company.
Robo.ai is headquartered in Dubai, United Arab Emirates, and trades on the Nasdaq exchange under the ticker symbol AIIO. The company's dual positioning — incorporated in a Gulf hub while listed in New York — reflects a broader trend of emerging-market technology firms seeking access to U.S. capital markets.
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