ROBO.AI INC. (AIIO) Form 424B3 — Jul 13, 2026
Robo.ai Inc. filed a prospectus supplement for the resale of up to 22,343,750 Class B ordinary shares by a selling shareholder, which are issuable upon the conversion of convertible notes totaling up to $13.0 million in principal. The notes carry a conversion premium of 110% and a floor price of $0.64 per share, and the company will not receive any proceeds from this resale. The filing discloses critical financial distress, with management acknowledging substantial doubt about the company's ability to continue as a going concern due to deteriorating financial conditions and an accumulated deficit of $904.4 million.
Key figures
- Debt Amount
- 13.0 million
- Interest Rate
- 14
- Shares Offered
- 22,343,750
- Shares Outstanding
- 164,313,706
- Floor Price
- 0.64
- Conversion Premium
- 110%
- Reverse Split Ratio
- 1-for-20
- Accumulated Deficit
- $904.4 million
AI analysis
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