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The latest announcement is out from Roboai ( (AIIO) ).
On September 29, 2025, Robo.ai Inc. entered into a convertible note purchase agreement with Burkhan Capital LLC for $300 million. The agreement includes the issuance of a convertible note with a 10% interest rate, maturing in 24 months. This strategic move aims to enhance Robo.ai’s financial flexibility for mergers, acquisitions, and capital expenditures. The transaction also involves appointing two members to Robo.ai’s board from Burkhan Capital and issuing $10 million in advisory shares. This agreement could significantly impact Robo.ai’s market positioning by providing capital for expansion and strengthening its governance structure.
More about Roboai
Robo.ai Inc. operates in the technology sector, focusing on artificial intelligence solutions. The company is incorporated in the Cayman Islands and is publicly traded on NASDAQ under the ticker symbol AIIO.
Average Trading Volume: 3,716,955
Technical Sentiment Signal: Buy
Current Market Cap: $563.9M
Learn more about AIIO stock on TipRanks’ Stock Analysis page.