🧾 What This Document Is

This is a prospectus supplement, which is basically an update to a larger filing that explains how certain shareholders might sell their stock. It’s like adding a new chapter to an instruction manual. This update specifically includes a press release about a major corporate action: a reverse stock split. The company’s shares trade on Nasdaq under the ticker AIIO.

🏢 What The Company Does

👉 In simple terms… Robo.ai is a technology company based in Dubai that's building an AI and robotics network platform. Their stated goal is to connect smart devices, create a unified AI operating system, and use blockchain-like "smart contracts." It’s an ambitious vision in the fast-moving tech space.

🔙 The Key Event: Reverse Stock Split

This is the core news in the filing. The company will reverse split its stock 1-for-20. This means if you owned 20 shares before, you'll now own 1 share.

• Why it’s happening: To get the stock price back above $1.00. Nasdaq requires this minimum price to stay listed, and Robo.ai's stock was trading far below it.
• Effective Date: April 6, 2026, at market open.
• The Math:
  • Before: 36.35 million Class A shares + 355.75 million Class B shares = ~392.1 million total shares.
  • After: 1.82 million Class A shares + 17.79 million Class B shares = ~19.61 million total shares.
• Ticker & CUSIP: The ticker AIIO stays the same. The new CUSIP (a stock identifier) will be G6693P122.

📊 The Stock Price Problem

This reverse split is a direct response to the company's very low share price.

• On March 31, 2026, the Class B shares closed at just $0.1066.
• A 1-for-20 split would mathematically push the price to around $2.13 (0.1066 x 20), assuming the value holds. However, the company warns there's no guarantee the price will stay up.

👉 Why it matters: Reverse splits are often seen as a "survival move" for struggling companies to avoid being delisted from a major exchange. It reduces the number of shares, which can boost the price per share, but it doesn’t change the company's underlying value or market cap.

💡 What This Signals & The Risks

The need for a reverse split is a significant event that signals a challenge. It’s a tool for compliance, not growth.

• 👍 Potential Positive: It achieves the short-term goal of regaining Nasdaq compliance, which is crucial for maintaining visibility and accessibility for investors.
• ⚠️ Key Risks: The stock's low price indicates significant market skepticism. Reverse splits can sometimes be followed by further price declines. The company's futuristic AI and robotics vision is highly speculative and execution-dependent.

🔮 What's Next

The immediate "what's next" is the market's reaction to the split on April 6th. Long-term, the company will need to demonstrate progress on its platform development and business model to support a higher stock price organically. They have provided standard investor relations contact info for follow-up.

🧠 The Analogy

Think of a reverse stock split like consolidating a big jar of pennies into dollar bills. You have way fewer pieces of paper money in your hand (fewer shares), but each one is worth more. The total value in the jar (the company's market cap) hasn't changed just by making the switch.

📇 Key Contacts & People

• Company Contact: Robo.ai Inc.
• Investor Relations Email: [email protected]
• Website: www.roboai.io
• Signing Executive: Benjamin Bin Zhai, Chief Executive Officer

🧩 Final Takeaway

Robo.ai is executing a 1-for-20 reverse stock split on April 6, 2026, purely to avoid being delisted from Nasdaq by raising its share price above the $1 minimum. This is a defensive move for a company whose stock was trading at about 10 cents, and it highlights significant challenges ahead as it pursues its ambitious AI platform goals.