Robo.ai Inc. Expands Share Capital and Board Powers Following EGM

Tip Ranks
2025.10.23 21:00
portai
I'm PortAI, I can summarize articles.

Robo.ai Inc. announced on October 23, 2025, that all proposed resolutions were adopted at its extraordinary general meeting in Dubai. This includes increasing the authorized share capital to $400,000, divided into 4 billion shares, and expanding the board's powers. This move aims to enhance the company's operational capabilities in the AI and robotics sector. Robo.ai, based in the UAE, focuses on creating a global AI robotics network and aims to transform into a decentralized AI asset platform.

Roboai ( (AIIO) ) has issued an announcement.

On October 23, 2025, Robo.ai Inc. announced the successful adoption of all proposed resolutions at its extraordinary general meeting held in Dubai. The resolutions included an increase in the company’s authorized share capital to $400,000, divided into 4 billion shares, and the adoption of the Fourth Amended and Restated Memorandum and Articles of Association to reflect this change and expand the board’s powers. This development is expected to enhance Robo.ai’s operational capabilities and strategic positioning in the AI and robotics industry.

More about Roboai

Robo.ai Inc. is a technology company based in the United Arab Emirates, focusing on building a global AI robotics network platform. The company aims to integrate intelligent terminals, develop a unified AI operating system, and establish a smart contract-enabled ecosystem to drive the intelligent era. Robo.ai’s mission is to transform into a decentralized AI asset platform, connecting all AI terminals and enabling the next wave of asset tokenization and the Internet of Things.

Average Trading Volume: 7,411,770

Technical Sentiment Signal: Sell

Current Market Cap: $422M

Learn more about AIIO stock on TipRanks’ Stock Analysis page.