1Robo.ai Inc. will implement a 1-for-20 reverse stock split of all ordinary shares effective April 6, 2026.
2The reverse stock split aims to regain compliance with Nasdaq's $1.00 minimum bid price requirement for Class B ordinary shares.
3Post-split, Class A ordinary shares will reduce from 36,350,011 to 1,817,501, and Class B ordinary shares from 355,750,058 to 17,787,525.
4The company's Class B ordinary shares will continue trading under ticker 'AIIO' with a new CUSIP number G6693P122.
5Outstanding options, warrants, and convertible securities will be proportionately adjusted, with no fractional shares issued; fractional entitlements receive full shares.
6The reverse stock split will not alter shareholders' percentage interests in the company's outstanding share capital.