NWTN Inc. did not conduct a traditional public offering; instead, it went public via a merger with the SPAC East Stone Acquisition Corporation on November 14, 2022.
In August 2025, the company officially rebranded as Robo.ai Inc. and trades on the Nasdaq under the ticker AIIO.
The company has undergone several major strategic shifts and corporate updates:
- Strategic Rebrand & Pivot: Formerly a new energy vehicle (NEV) specialist headquartered in Dubai, the company transitioned its focus to AI, edge processing, and robotics platforms .
- Corporate Actions: In April 2026, the company implemented a 1-for-20 reverse stock split to maintain compliance with Nasdaq's US$1.00 minimum bid price .
- Recent Compliance: Robo.ai received official notification from Nasdaq that it successfully regained compliance with the minimum bid price requirement .
- Recent Acquisitions: Robo.ai finalized the 100% equity acquisition of Neurovia AI, an AI visual data compression firm .
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