Dubai-based technology group Robo.ai Inc. announced a 1-for-25 reverse stock split of its ordinary shares, pending shareholder approval at an extraordinary general meeting scheduled for October 26, 2026. The company's Class B ordinary shares are slated to trade on an adjusted basis starting November 6, 2026.
Reverse Stock Split Details
Robo.ai said the 1 for 25 reverse stock split applies to all classes of ordinary shares, including Class A and publicly traded Class B ordinary shares. The split is effective at 9:30 am, U.S. Eastern time, on November 6, 2026.
Before the split, the company reported 13,817,501 Class A and 222,116,290 Class B ordinary shares issued and outstanding. After the split becomes effective, those figures will change to 552,701 Class A and 8,884,684 Class B ordinary shares.
Extraordinary General Meeting
The extraordinary general meeting will take place at 8:30 am, U.S. Eastern Time, on October 26, 2026, at the Meydan Grandstand in Dubai, United Arab Emirates. Shareholders can also participate, vote, and submit questions via a live webcast.
Holders of record at the close of business on October 14, 2026, are entitled to vote on resolutions concerning the share consolidation, authorized share capital adjustments, and the adoption of the seventh amended and restated memorandum and articles of association.
Key facts and where they come from
- Robo.ai announced a 1 for 25 reverse stock split of its ordinary shares.
the Company will implement a 1 for 25 reverse stock split of all classes of the Company's ordinary shares
- The reverse stock split is effective November 6, 2026, at 9:30 am U.S. Eastern time.
effective at 9:30 am, U.S. Eastern time, on November 6, 2026.
- The extraordinary general meeting is scheduled for October 26, 2026, in Dubai.
an extraordinary general meeting of shareholders (the "EGM") at 8:30 am, U.S. Eastern Time (4:30 pm, Dubai local time) on October 26, 2026 at Meydan Grandstand
Read the original from Company press releases (PR Newswire) →