Robo.ai completes acquisitions and establishes Alif Holding

Robo.ai Inc. (Nasdaq: AIIO), a technology group headquartered in Abu Dhabi, announced on August 20, 2026 that it will report its unaudited financial statements for the six months ended June 30, 2026 on August 24, 2026. The company provided a business update detailing a series of significant acquisitions, reorganizations, and transactions completed since the beginning of 2026. Robo.ai disposed of its legacy operations, which had carried the substantial majority of its historical liabilities, strengthening its balance sheet and positioning shareholders' equity to turn positive. The company completed the acquisition of Neurovia AI Limited, gaining exclusive rights to certain AI data processing and compression technologies intended for public safety, transportation, energy, and municipal services. It also completed the acquisition of Quantum Core Capital, an AI-powered deep-tech holding and venture-building platform, whose operating entities are expected to commence business operations in the UAE. Additionally, Robo.ai established Alif Holding, an industrial group focused on technology infrastructure in the UAE and the development, integration, and manufacturing of new technologies for government and mission-critical domains. Dr. Ahmed Naser Al-Raisi, former President of International — Interpol, was appointed Chairman of Alif Holding, and Dr. Jasem Al-Mansory, a former senior official at the UAE Ministry of Interior, was appointed CEO. CEO Benjamin Zhai stated that the first half of 2026 marked an inflection point in the company's transformation, with priorities for the second half being integration of acquired businesses, commercialization of technologies, and supply-chain development. The company plans to file its unaudited condensed consolidated financial statements with the U.S. Securities and Exchange Commission on Form 6-K.