Robo.ai Inc. Plans 1-for-20 Reverse Split Cutting Class B Shares to 17.8M

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Robo.ai Inc. will execute a 1-for-20 reverse stock split on April 6, 2026, reducing Class A shares from 36.35 million to 1.8175 million and Class B shares from 355.75 million to 17.7875 million. The move aims to meet Nasdaq’s $1 minimum bid price requirement for continued listing.

1. Reverse Stock Split Details

On April 6, 2026, Robo.ai Inc. will enact a 1-for-20 reverse split affecting all classes of ordinary shares. Class A shares will fall from 36,350,011 to 1,817,501 and Class B shares from 355,750,058 to 17,787,525, with trading resuming under the existing symbol and a new CUSIP.

2. Listing Compliance and Price Impact

The reverse split addresses the Nasdaq Capital Market’s US$1.00 minimum bid price requirement by proportionately reducing share count and potentially increasing the trading price twentyfold. Although a higher post-split price is expected, the Company cannot guarantee the adjusted share price will reach the targeted level.

3. Shareholder Equity and Security Adjustments

All shareholders’ percentage interests remain unchanged aside from fractional share adjustments. Outstanding options, warrants and convertible securities will be adjusted proportionately, and fractional entitlements will be rounded up to full shares to avoid issuing fractional certificates.

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