🔖 What This Document Is

This is a prospectus supplement — an update to an earlier legal filing. Think of it like a "page refresh" for a previous document that lets the company sell shares. This specific update attaches a press release announcing a major corporate action.

👉 Why it matters: If you own or are considering buying Robo.ai (AIIO) stock, this contains critical information that will directly change your investment. It's not optional reading.

🤖 What The Company Does

Robo.ai Inc. is a technology company headquartered in Dubai, UAE. In simple terms, they aim to build a global platform that connects AI-powered robots and devices, using blockchain-like technology for smart contracts. Their vision is to create a unified system for the "Internet of Things" and enable the tokenization of real-world assets.

👉 Think of them as: A company trying to be the central operating system and marketplace for a future filled with intelligent, interconnected machines.

🔄 The Main Event: Reverse Stock Split

The core of this update is the announcement of a 1-for-20 reverse stock split.

• What it is: For every 20 shares you own, you will now own 1 share. The total value of your investment should, in theory, stay the same immediately after the split (like exchanging five $4 bills for one $20 bill).
• Effective Date: April 6, 2026, at 8:00 am ET.
• Why they're doing it: To regain compliance with Nasdaq's listing rule requiring a minimum share price of $1.00. Their stock was trading far below that, at a closing price of $0.1066 on March 31, 2026.

📉 The Share Count Transformation

This action dramatically reduces the number of company shares.

	Class A Shares	Class B Shares (Public)	Total
Before Split	36,350,011	355,750,058	~392.1 Million
After Split	1,817,501	17,787,525	~19.6 Million

👉 The Big Picture: The total number of outstanding shares is being reduced by 95%. This is a major consolidation intended to boost the per-share price.

📈 What Happens to Your Investment & Trading

• Ticker Symbol: Remains "AIIO".
• New CUSIP: A new identifier code (G6693P122) is assigned to the Class B shares after the split.
• Price Impact: The trading price is expected to increase proportionally (e.g., ~$0.1066 * 20 = ~$2.13), but the company cannot guarantee this.
• Fractional Shares: No fractional shares will be created. If your holdings don't divide evenly by 20, you'll receive a cash payment for the fractional part instead of a tiny sliver of a share.
• Options & Warrants: All existing options and warrants will be proportionally adjusted.

⚠️ Key Risks & Considerations

• No Magic Solution: A reverse split is often seen as a sign of weakness, as it's a technical fix for a low stock price, not a fundamental business improvement. The price could fall back below $1 after the split.
• Liquidity: While the per-share price is higher, the massive reduction in share count could lead to lower trading volume, making it harder to buy or sell shares quickly without affecting the price.
• High Risk Investment: The filing explicitly states the company's securities involve a "high degree of risk." The original prospectus contains a detailed "Risk Factors" section (starting on page 17) that is crucial to review.

🧠 The Analogy

Imagine a pizza cut into 400 tiny, hard-to-handle slices. No one wants to buy just one slice, so the price per slice falls to pennies. To fix this, the company re-cuts the pizza into only 20 larger, more manageable slices. You still own the same amount of pizza, but now each slice is more substantial and easier to sell. However, if the pizza itself isn't tasty (the business isn't good), having bigger slices won't make people want to buy it.

📇 Key Contacts & People

• Company: Robo.ai Inc.
• Address: Meydan Grandstand, 6th floor, Meydan Road, Nad Al Sheba, Dubai, United Arab Emirates
• CEO (Signatory): Benjamin Bin Zhai
• Investor Relations Contact:
  • Email: [email protected]
  • Website: www.roboai.io

🧩 Final Takeaway

Robo.ai is executing a 1-for-20 reverse stock split on April 6, 2026, to artificially boost its stock price above $1 and stay listed on Nasdaq. While this is a necessary administrative move, it's a警示信号 that the market has valued the company very lowly. The fundamental health of the business is the real question investors need to answer.