Announcement • Jul 14
Oio Group Collaborates with Italtecnica Engineering on De Tomaso Next-Generation V12 Programme as Prototype Bench Testing Commences OIO Group announced its collaboration with Italtecnica Engineering on De Tomaso’s next-generation V12 programme, as prototype bench testing commences following the successful completion of the engine’s design and engineering phase. De Tomaso’s next-generation V12 is a clean-sheet, bespoke powertrain engineered exclusively for the marque. Rather than adapting an existing OEM engine architecture, the programme has been conceived from first principles to embody De Tomaso’s vision of mechanical purity, analogue driving and timeless automotive craftsmanship. The clean-sheet architecture provides complete engineering freedom to define every aspect of the engine’s character—from its combustion architecture and performance characteristics to its acoustics, throttle response and emotional driver engagement. The result is a powertrain designed to become an integral part of the next generation of De Tomaso automobiles, rather than simply its source of propulsion. With prototype bench testing now underway, the programme enters the critical validation phase, where the engine will undergo comprehensive durability, calibration, thermal management and performance testing before progressing to vehicle integration. At a time when clean-sheet internal combustion engine programmes have become increasingly uncommon, De Tomaso’s next-generation V12 demonstrates the marque’s long-term commitment to engineering authenticity, craftsmanship and analogue performance. OIO Group will continue to provide updates as the programme progresses through prototype validation, vehicle integration and the next stages of engineering development. New Risk • Apr 29
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Over 24x increase in shares outstanding. 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 No financial data reported. Share price has been highly volatile over the past 3 months (22% average weekly change). Shareholders have been substantially diluted in the past year (over 24x increase in shares outstanding). 
