AYRO effects 1-for-16 reverse stock split, trading on split-adjusted basis June 26

Fabric.AI, Inc.

Reverse stock split at 1:16 ratio, effective 4:05 p.m. ET on June 25, 2025.
No fractional shares issued; any fractional shares rounded up to whole share.
Authorized shares unchanged at 1.2 billion; par value $0.0001 remains same.
Common stock began split-adjusted trading on Nasdaq on June 26; symbol unchanged (AYRO).
New CUSIP number: 054748306; adjustments made to equity awards, warrants, and convertible securities.

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