Robo.ai Stock Jumps After $100 Million Neurovia Deal: Why the All-Share AI Bet Matters
Robo.ai agreed to acquire Neurovia AI Limited for $100 million in stock, sending its Nasdaq-listed shares up about 61% on Friday. The deal, subject to closing conditions, will be paid with 149,097,957 Class B shares priced at $0.6707 each, locked up for up to eight years. Robo.ai reported 2025 revenue of $950,000, down 92% from the previous year, with a net loss of $167.34 million.