Robo.ai Reaffirms Approved 1-for-25 Reverse Stock Split
Robo.ai said it reaffirmed its previously announced and approved 1-for-25 reverse split of all classes of its ordinary shares.
Story updates
09:05:05 PM UTC
SquawkNews
Robo.ai reaffirmed its approved 1-for-25 reverse split, effective Nov. 6, 2026. The split is intended to meet Nasdaq’s $1.00 minimum bid price requirement; no new financing will accompany it.Material DetailsContext by AI AnalystThis is implementation of a previously announced and approved corporate…