The approved resolutions authorize an increase in total share capital to $4 million. This new structure is divided into two billion shares, consisting of 250 million Class A ordinary shares and 1.75 billion Class B shares, each with a par value of $0.002. Alongside the capital expansion, the company formally adopted its sixth amended and restated memorandum and articles of association.
In section Releases
Robo.ai Expands Capital Base Following Shareholder Vote in Dubai
Shareholders at Dubai-based Robo.ai Inc. have officially greenlit a significant restructuring of the company’s capital, clearing the way for a major expansion of authorized shares. The move, finalized at an extraordinary general meeting held this week, marks a shift in the Nasdaq-listed technology group’s corporate foundation.
Headquartered in the United Arab Emirates, Robo.ai operates across four distinct sectors: artificial intelligence, robotics, advanced manufacturing, and digital assets. The company functions through a network of subsidiaries, including the industrial group Alif Holding and the software developer Neurovia AI, while its venture-building platform, Quantum Core Capital, targets deep-tech investments. This capital adjustment provides the firm with the necessary legal framework to support its ongoing development of intelligent infrastructure for government and mission-critical sectors.
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