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Roboai ( (AIIO) ) has shared an announcement.
On April 1, 2026, Robo.ai Inc. announced a 1-for-20 reverse stock split of all classes of its ordinary shares, reducing its Class A shares from 36,350,011 to 1,817,501 and Class B shares from 355,750,058 to 17,787,525. The reverse split will become effective at 8:00 a.m. U.S. Eastern time on April 6, 2026, with Class B shares continuing to trade on Nasdaq under the symbol AIIO and adopting a new CUSIP.
The company said the reverse stock split is intended to help it regain compliance with Nasdaq’s US$1.00 minimum bid price requirement for its Class B ordinary shares, and it expects the share price to rise proportionately after the action takes effect. The move will not change shareholders’ proportional ownership other than standard fractional share adjustments, with holders of fractional entitlements to be rounded up to a full share and all outstanding options and convertible securities adjusted proportionately.
More about Roboai
Robo.ai Inc. is a United Arab Emirates–headquartered technology company listed on Nasdaq under the ticker AIIO, focused on building a global AI robotics network platform. The company aims to integrate intelligent terminals, develop a unified AI operating system, and create a smart contract-enabled ecosystem that supports decentralized AI assets, tokenization, and Internet of Things connectivity.
Average Trading Volume: 7,721,236
Technical Sentiment Signal: Sell
Current Market Cap: $39.48M
See more data about AIIO stock on TipRanks’ Stock Analysis page.