Robo.ai Inc. (AIIO) Stock: Plunges as Company Announces 1-for-25 Reverse Split
TLDR Robo.ai (AIIO) stock sank 10.80% Friday, then dropped another 6.49% after hours. Robo.ai proposes a 1-for-25 reverse share split effective November 6, 2026. The share consolidation would reduce outstanding Class B shares to 8.88 million. Shareholders will vote on the reverse split at an October 26 meeting in Dubai. Robo.ai also seeks approval to [...]
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Source: Source: Blockonomi