Announcement • Jul 16
Robo.ai Inc. announced that it expects to receive $34.5 million in funding Robo.ai Inc. has entered into a securities purchase agreement with a certain institutional investor pursuant to which the Company agreed to issue and sell senior convertible notes of the Company in an aggregate original principal amount of up to $37,500,000 at an original issue discount of 8% for gross proceeds of $34,500,000 on July 15, 2026. The notes are convertible into Company’s Class B ordinary shares, par value $0.002 per share, at a purchase price of US$920 per $1,000 of principal amount. The Company will issue and sell to the Note Investor (i) an initial Note in the aggregate principal amount of $12,500,000 million for a purchase price of $11,500,000 million in an initial closing, and (ii) a second Note in the aggregate principal amount of $12,500,000 million for a purchase price of $11,500,000 in a second closing. Additional closings may be initiated by either the Note Investor or the Company, subject to the satisfaction or waiver of certain closing conditions, such as minimum trading liquidity requirements, the effectiveness of an registration statement related to the resale of the Class B ordinary shares issuable upon conversion or otherwise pursuant to the terms of the Notes, limits on outstanding principal from prior tranches, and other customary equity conditions. The Note Investor may waive any such conditions and may elect to initiate a closing at its discretion. The Notes will mature two years after the applicable issuance dates and bear no interest, except that the Notes will bear interest at a rate of 14% per annum upon the occurrence of any event of default pursuant to the Notes for so long as such event remains uncured. The Notes rank pari passu with all other notes and are senior obligations of the Company. The transaction is pursuant to regulation D. Neither the Company nor any of its Subsidiaries has engaged any placement agent or other agent in connection with the offer or sale of the Securities other than D. Neither the Company nor any of its Subsidiaries has engaged any placement agent or other agent in connection with the offer or sale of the Securities other than D. New Risk • May 27
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 35% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$5.1m free cash flow). Share price has been highly volatile over the past 3 months (54% average weekly change). Negative equity (-US$116m). Earnings have declined by 37% per year over the past 5 years. Shareholders have been substantially diluted in the past year (35% increase in shares outstanding). Revenue is less than US$1m (US$950k revenue). Minor Risk Market cap is less than US$100m (US$60.5m market cap). Announcement • May 23
Neurovia AI Concludes Participation at ISNR2026 Demonstrating Neurostream Visual Data Infrastructure and 96.37% Visually Lossless Compression Neurovia AI, an artificial intelligence data processing and compression technology provider and a subsidiary of Robo.ai Inc. (NASDAQ: AIIO), announced the conclusion of its inaugural presentation at the 9th International Exhibition for National Security and Resilience (ISNR2026), which officially closed. At the exhibition, Neurovia AI Chief Technology Officer Mansoor Ali Khan presented the processing capabilities of the NeuroStream AI technology platform, which utilizes a proprietary bitmap vectorization algorithm, operating under high-concurrency data environments. During a technical demonstration, the platform processed a 12.15GB, 4K 60-frame original video featuring UAE landscapes, reducing the file size to 421MB. This represents a quantifiable storage space reduction of approximately 96.37%. The comparative video files are available for review and download on the Neurovia AI official website. The evaluation results indicated that the NeuroStream platform reduces file size while retaining core visual metrics, including resolution, frame rate, and color, achieving visually lossless compression. During ISNR2026, Neurovia AI presented the financial and operational aspects of its data throughput architecture to government agencies, security departments, and industry participants. The company also engaged in material discussions with commercial partners in the Middle East regarding potential commercialization milestones. Neurovia AI confirmed the market demand among government and enterprise entities for localized, high-efficiency AI data infrastructure. These developments indicate that Neurovia AI's strategic deployment in Sovereign AI and Physical AI infrastructure is advancing into the practical delivery and system integration verification phase.