Robo.ai CEO Says Company Doesn't Intend To Enter Into New Equity-Linked, Variable-Price Financing Arrangements
Dear Shareholders,Robo.ai's shares will begin trading on a split-adjusted basis on Nasdaq on November 6. I would like to use this occasion to report on three things: what we have delivered over the past few months,
Robo.ai's leader promised the company won't use complex financing deals that could dilute shareholder value. This suggests the company wants to avoid creating new shares that might weaken existing owners' stakes.
Last session drawn · prints held ~15 minutes · licensed exchange data
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only. Not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.