Roboai Announces Reverse Stock Split

Roboai Inc. (Nasdaq: AIIO) announced a 1-for-20 reverse stock split, effective April 6, 2026. The move aims to regain compliance with Nasdaq's minimum bid price requirement.

Background and Rationale

The reverse stock split was approved by the company's board of directors on January 19, 2026. 36,350,011 Class A ordinary shares and 355,750,058 Class B ordinary shares will be consolidated into 1,817,501 Class A ordinary shares and 17,787,525 Class B ordinary shares.

Impact on Shareholders and Trading

Share Consolidation

The reverse stock split will not alter any shareholder's percentage interest in the company's outstanding share capital, except for adjustments that may result from the treatment of fractional shares. Outstanding company options, warrants, and other applicable convertible securities will be proportionately adjusted.

• The new CUSIP number for the company's Class B ordinary shares will be G6693P122.
• Shareholders otherwise entitled to receive a fractional ordinary share will receive a full ordinary share in lieu of such fractional ordinary share.

Regulatory Compliance and Future Outlook

The reverse stock split is being implemented to regain compliance with the US$1.00 minimum bid price requirement for continued listing on the Nasdaq Capital Market. As a result, the trading price of the Class B ordinary shares is expected to increase proportionately after the effectiveness of the reverse stock split.

Key Takeaways

• Roboai Inc. announced a 1-for-20 reverse stock split to regain compliance with Nasdaq's minimum bid price requirement.
• The reverse stock split will consolidate shares and proportionately adjust outstanding company options and securities.
• The move aims to increase the trading price of Class B ordinary shares and ensure continued listing on the Nasdaq Capital Market.
• Shareholders' percentage interest in the company's outstanding share capital will remain unchanged, except for adjustments due to fractional shares.

Frequently Asked Questions

What is the purpose of the reverse stock split?

The purpose is to regain compliance with the US$1.00 minimum bid price requirement for continued listing on the Nasdaq Capital Market.

How will the reverse stock split affect shareholders?

Shareholders' percentage interest in the company's outstanding share capital will remain unchanged, except for adjustments due to fractional shares, and they will receive a full ordinary share in lieu of any fractional ordinary share.