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Robo.ai To Acquire QC Capital In $60 Million All-Stock Deal
Benzinga·
Robo.ai (NASDAQ: AIIO) announced a $60 million all-stock acquisition of QC Capital Limited to expand its AI investment capabilities and strengthen its venture-building and commercialization operations. The deal, expected to close within 30 business days, includes performance-based share vesting over eight years tied to revenue milestones of approximately $2.4 billion in cumulative revenue across 2026-2027. The stock surged nearly 19% following the announcement.
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