Robo.ai Inc. Announces 1-for-20 Reverse Stock Split to Regain Nasdaq Compliance
Robo.ai Inc. announced a 1-for-20 reverse stock split for all classes of its shares, effective April 6, 2026. This action is intended to bring the Company into compliance with the Nasdaq Capital Market's minimum US$1.00 bid price requirement. The split will reduce the number of outstanding Class A ordinary shares from 36,350,011 to 1,817,501 and Class B ordinary shares from 355,750,058 to 17,787,525. While the reverse split aims to increase the bid price proportionally, the Company cannot guarantee it will meet or exceed twenty times the pre-split trading price. Shareholder equity percentages will remain largely unchanged, with fractional shares being rounded up to the nearest whole share. The Company, a technology firm focused on AI robotics, is undertaking this measure to maintain its listing on the Nasdaq Capital Market.