Robo.ai announces 1-for-20 reverse stock split to regain compliance

Dubai-based Robo.ai Inc. will implement a 1-for-20 reverse stock split of its ordinary shares effective April 6, 2026.

The company announced the move in a press release on April 1, stating the board of directors approved the action on January 19.

The reverse split will affect all classes of ordinary shares, including the publicly traded Class B shares, and is intended to increase the per-share market price.

This action is often a strategy to meet the minimum bid price requirement for continued listing on the Nasdaq stock exchange.

The consolidation of shares is aimed at regaining compliance with Nasdaq's listing rules, a common motivation for such corporate actions. Investors will be watching trading on April 6 to see the market's reaction to the new share structure.

This article is for informational purposes only and does not constitute investment advice.