07:01 AM EDT, 09/19/2025 (MT Newswires) -- Robo.ai ( AIIO ) said in a regulatory filing Friday that it has agreed to acquire a 16.6% stake in technology company Aitos.io for $8.3 million.
The company will issue 5.18 million class B shares at $1.60 per share to Mobius Technology and Dreamwork International Investments, the selling shareholders, according to a filing with the US Securities and Exchange Commission.
Robo.ai ( AIIO ) will also issue 6 million class B shares to the Aitos.io core team as performance incentives and retention bonuses upon closing.
Shares of Robo.ai ( AIIO ) were up 14% in recent Friday premarket activity.