PR Newswire·Oct 26, 2026, 4:04 PM ET

Robo.ai Inc. Announces Results of Extraordinary General Meeting

Robo.ai Inc. adopted all proposed resolutions at its extraordinary general meeting of shareholders held in Dubai on October 26, 2026.
The seventh amended & restated memorandum & articles of association were adopted following the shareholder vote.
A share consolidation & increase in authorized share capital will become effective on November 6, 2026.
Post-consolidation authorized share capital will be US$19,250,000 divided into 385,000,000 shares comprising 35,000,000 Class A shares & 350,000,000 Class B shares, each with a par value of US$0.05.
The company's issued & outstanding shares will consist of 552,700 Class A shares & 8,894,680 Class B shares, each with a par value of US$0.05.
All fractional shares resulting from the reverse stock split will be disregarded & not issued, but aggregated & potentially sold & distributed to shareholders per board decision.
Robo.ai Inc. is a Nasdaq-listed technology group headquartered in Dubai with operations in artificial intelligence, robotics, advanced manufacturing, & digital assets.