Dot Ai announced on October 12, 2026, that it has completed the acquisition of Envoy Technologies in an all-stock transaction valued at approximately $65 million. The deal extends Dot Ai's asset-intelligence technology into shared mobility.
All-Stock Acquisition Details
Dot Ai acquired 100% of Envoy from BladeRanger Ltd. in an all-stock transaction based on an agreed reference price of $6.00 per share of Dot Ai common stock. The $65 million transaction value includes shares issuable upon the conversion of an existing $12.5 million convertible note held by Blink Charging Co.
Following the conversion of the note and preferred stock, BladeRanger is expected to hold a majority of Dot Ai's common stock on an as-converted basis, subject to applicable conversion limitations and approvals.
Expanding Shared Mobility and Nasdaq Compliance
Envoy offers all-electric carsharing as an on-site amenity at residential communities, hotels, resorts, and campus properties across the United States. Dot Ai intends to apply its asset-intelligence technology to Envoy's fleet and expand its footprint across domestic and international markets.
Dot Ai stated that following the acquisition, it believes it satisfies the $2.5 million minimum stockholders’ equity requirement for continued listing on The Nasdaq Capital Market under Nasdaq Listing Rule 5550(b)(1). The company will submit evidence of compliance to the Nasdaq Hearings Panel.
Key facts and where they come from
- Dot Ai completed the acquisition of Envoy Technologies in a $65 million all-stock transaction.
completed the acquisition of Envoy Technologies, Inc. (“Envoy”) from BladeRanger Ltd. (TASE: BLRN) in an all-stock transaction valued at approximately $65 million
- Envoy provides all-electric carsharing at residential, hotel, and campus properties across the United States.
Envoy offers all-electric carsharing as an on-site amenity at residential communities, hotels, resorts and campus properties across the United States.
- Dot Ai believes the acquisition helps it meet Nasdaq's minimum stockholders’ equity requirement.
satisfies the $2.5 million minimum stockholders’ equity requirement for continued listing on The Nasdaq Capital Market under Nasdaq Listing Rule 5550(b)(1).