Gilbert Villarreal
On August 21, 2024, Gilbert Villarreal was appointed to the position of President of the Company’s subsidiary, DropCar Operating Company, Inc. (“Operating Subsidiary”), effective as August 21, 2024.
Highest-materiality recent filing
Fabric.AI stockholders approve 4.6M share increase in incentive plan; elect all directors
Stockholders approved increase in Long-Term Incentive Plan shares by 4,600,000 to 5,000,000 total.
Fabric.AI (SBLX) enters $15M GPU connectivity development deal with Kopin and raises $21.5M
Joint Development Agreement with Kopin for GPU-to-GPU connectivity; Fabric.AI to pay up to $15M for prototype development plus potential $15-25M for production plan.
StableX grants 311,405 stock options to CEO and non-employee directors
CEO Joshua Silverman receives options for 220,513 shares; four non-employee directors each get 22,723 shares.
135,627 share increase in 2020 equity plan (to 400,000 total) approved; also issuance of shares from Series I Preferred and warrants from Aug 2025 private placement.
StableX Technologies dismisses CBIZ CPAs, appoints Stephano Slack as new auditor
Audit committee dismissed CBIZ CPAs on Sept 18, 2025; no audit report was issued during its engagement.
Director George Devlin resigns from StableX Technologies board; receives $35,438 in lieu of fees
George Devlin resigned from the Board and all committees effective September 2, 2025.
StableX Technologies (formerly AYRO) changes name to SBLX and amends warrants
Name change from AYRO, Inc. to StableX Technologies effective August 22, 2025, with ticker change to SBLX on Nasdaq from August 25.
AYRO creates Series I Convertible Preferred Stock (up to 875k shares) and amends Series H-7 terms
Issued 7,000 shares of Series I Preferred, $1,000 stated value, convertible into 875,000 common shares at $8.00 per share.
AYRO targets $100M in stablecoin crypto assets; names James Altucher as digital treasury lead
Launches first pure-play multi-token strategy to acquire $100 million in tokens capitalizing on stablecoin industry growth.
AYRO adopts shareholder rights plan (poison pill) with 10% trigger
Rights dividend of one preferred share purchase right per common share, record date Aug 11, 2025.
AYRO effects 1-for-16 reverse stock split, trading on split-adjusted basis June 26
Reverse stock split at 1:16 ratio, effective 4:05 p.m. ET on June 25, 2025.
AYRO shareholders approve 6x authorized share increase and reverse split
Authorized common shares increased from 200M to 1.2B; charter amendment filed May 23.
AYRO names CBIZ CPAs as successor auditor; annual meeting scheduled for May 19
Auditor change: Marcum LLP terminated April 10, 2025; CBIZ CPAs P.C. engaged for FY2025.
AYRO shareholders approve reverse split authorization and share increase at annual meeting
Approved reverse stock split of common stock at ratio of 1-for-2 to 1-for-13, at Board's discretion.
AYRO grants director equity awards and amends Series H-7 preferred stock terms
Board granted 562,992 fully vested restricted shares and 375,328 cash-settled RSUs; price per share $0.76.
AYRO repurchases 418,478 shares from Natale Rea for $376,630 ($0.90/share)
AYRO entered stock repurchase agreement with shareholder Natale Rea to buy back 418,478 shares at $0.90 each.
AYRO appoints new CFO and President to re-engineer low-speed EV Vanish
Joseph Ramelli appointed CFO effective Aug 21, 2024; brings capital markets experience from biotech/finance.
Nasdaq notified AYRO on July 18, 2024, that its common stock failed to meet the $1.00 minimum bid price for 30 consecutive business days.
AYRO reports $43M cash, targets $1.5M quarterly burn in 2024 corporate update
Cash and cash equivalents of $43M as of December 31, 2023.
AYRO CFO David Hollingsworth exits; Executive Chairman Silverman named interim CFO
CFO David Hollingsworth resigned March 1, 2024 under mutual separation with $225,000 severance paid over 12 months.
AYRO amends Series H-7 preferred stock certificate to add installment payment procedures
Filed Certificate of Amendment with Delaware Secretary of State on Feb 9, 2024.
AYRO restructures, cuts substantial positions in sales, marketing, and manufacturing
Restructuring effective Jan 31, 2024 eliminates a substantial number of positions.
All six director nominees elected with votes ranging from 1,615,362 to 1,728,293; broker non-votes of 1,633,277 on each.
CEO Thomas Wittenschlaeger resigned Dec 13, 2023; no disagreement cited. Severance: 12 months base salary ($280K), $114,800 bonus, COBRA for up to 12 months.
AYRO reports Q3 2023 results: first Vanish revenue, Adjusted EBITDA loss widens to $5.2M
First revenue from AYRO Vanish units recognized in Q3 2023; no revenue figure disclosed.
AYRO amends bylaws to change stockholder vote standard to majority of votes cast
Board approved third amendment to bylaws on Oct 8, 2023, effective Oct 10, 2023.
AYRO regains Nasdaq minimum bid price compliance; delisting risk resolved
Nasdaq notified AYRO on Oct 2, 2023 that it regained compliance with Listing Rule 5550(a)(2) (minimum bid price $1.00).
AYRO stockholders approve 1-for-8 reverse stock split, authorized share increase to 200M
Reverse stock split at 1-for-8 ratio effective 4:00 p.m. ET Sept 15; trading on split-adjusted basis from Sept 18.
AYRO reports Q2 2023 net loss of $6.0M; cash at $52M after $22M financing
Net loss of $6.0M in Q2 2023, unchanged YoY; revenue minimal as first-gen LSEV phased out.
AYRO raises $22M via convertible preferred stock and warrants from existing investors
Gross proceeds $22M from sale of 22,000 Series H-7 convertible preferred shares (stated value $1,000) and warrants for 22M common shares.
AYRO Q1 net loss $5.5M vs $4.6M; Vanish homologation and LRIP start in June
Q1 2023 net loss of $5.5M, up from $4.6M in prior-year quarter; revenue not disclosed (qualitative only).
AYRO terminates Club Car procurement agreement; receives Nasdaq bid price extension
Terminated exclusive MPA with Club Car after it failed to meet 500-vehicle annual minimum for 2020-2022.
AYRO FY2022 net loss improves to $22.9M; revenue up 11% to $3M; Vanish launch planned for Q3 2023
Net loss of ($22.9M) in FY2022 vs. ($33.1M) in FY2021, a $10.2M improvement.
AYRO furnishes corporate slide presentation; no specific financials or material events disclosed
AYRO intends to present a slide presentation to the investment community and at conferences.
AYRO shareholders elect seven directors and ratify Marcum as auditor at annual meeting
All seven director nominees elected; Thomas Wittenschlaeger received 4,368,125 votes for, 317,972 withheld.
AYRO Q3 revenue $373K, net loss improves to $5.7M; unveils Vanish LSEV platform
Revenue of ~$373,000; net loss of ($5.7M) improved from ($12.0M) in 3Q21.
AYRO receives Nasdaq delisting notice for minimum bid price non-compliance; 180-day cure period
Nasdaq letter on Oct 3, 2022: AYRO's common stock failed minimum $1.00 bid price for 30 consecutive business days.
AYRO furnishes corporate slide deck; no financial data or guidance changes disclosed
Company filed a slide presentation (Exhibit 99.1) for use at industry conferences.
Friedman LLP combined with Marcum LLP effective September 1, 2022; AYRO dismissed Friedman and engaged Marcum on September 21, 2022.
AYRO appoints David E. Hollingsworth as permanent CFO, effective August 23, 2022
Hollingsworth served as interim CFO since January 2022; now appointed permanently.
AYRO Q2 revenue up 88% to $982K; net loss improves to $6.0M; defective Cenntro parts hit COGS
Revenue ~$982K, +88% YoY; net loss ($6.0M) vs ($7.7M) YoY; adjusted EBITDA loss ($4.2M) vs ($5.9M).
AYRO Q1 revenue record $1.03M, net loss down 41% sequentially to $4.6M
Revenue of $1.03M, a record, up 30% YoY and 26% sequentially.
AYRO Q4 record revenue $813K; adjusted EBITDA loss $7.1M; cash $69.2M
Revenue $813K (+4% YoY, +45% sequential); record unit deliveries of Club Car Current LSEV.
AYRO files slide presentation; no material financial or operational news disclosed
Company intends to use the presentation at industry conferences and with investors.
AYRO expects record Q4 2021 revenue; sequential growth in Q1 and Q2 2022
Record revenue and unit deliveries anticipated for Q4 2021; sequential revenue growth forecast for Q1 and Q2 2022.
AYRO CFO, Chief of Business Development, and Chief Marketing Officer depart; interim CFO appointed
CFO Curtis Smith resigned effective Jan 14, 2022; receives $237,500 severance.
AYRO elects seven directors including new CEO-director Thomas Wittenschlaeger at annual meeting
Thomas M. Wittenschlaeger (CEO) elected as new director with 5,053,704 votes for; 140,850 withheld.
AYRO expects record Q4 2021 revenue and unit deliveries
Expects record revenue in Q4 2021, driven by record unit deliveries.
AYRO reports Q3 revenue $559K (+44% YoY), net loss $12M; cash $77.1M
Revenue of $559,370, up 44% YoY; net loss of ($12.0) million; adjusted EBITDA loss of ($8.2) million.
AYRO board reduces stockholder meeting quorum from majority to one-third
Board approved second amendment to bylaws on October 19, 2021, effective immediately.
On August 21, 2024, Gilbert Villarreal was appointed to the position of President of the Company’s subsidiary, DropCar Operating Company, Inc. (“Operating Subsidiary”), effective as August 21, 2024.
On August 21, 2024, Ayro, Inc. (the “Company”) appointed Joseph Ramelli to the position of Chief Financial Officer of the Company, effective as August 21, 2024.
On March 1, 2024, of AYRO, Inc. (the “Company”) and David E. Hollingsworth mutually agreed on the separation of Mr. Hollingsworth from his position as Chief Financial Officer of the Company, effective as of March 1, 2024
the Company’s board of directors (the “Board”) appointed Joshua Silverman, who currently serves as the Company’s Executive Chairman and principal executive officer, to the position of interim principal financial officer and principal accounting officer
On December 11, 2023, Thomas M. Wittenschlaeger, who served as Chief Executive Officer of AYRO, Inc. (the “Company”) and as a member of the Company’s board of directors (the “Board”), tendered his resignation from his roles as an officer, employee and director of the Company, effective as of December 13, 2023
On December 14, 2023, the Board appointed Joshua Silverman, the Company’s current Chairman of the Board, to the position of Principal Executive Officer and Executive Chairman, effective as of the Effective Date.
the Board appointed David E. Hollingsworth as Chief Financial Officer of the Company, effective as of August 22, 2022
Brian Groh, who served as the Company’s Chief of Business Development, terminated his engagement with the Company.
Curtis Smith, who served as the Chief Financial Officer of AYRO, Inc. (the “Company”) resigned from his role as an officer and employee of the Company.
Richard Perley, who served as the Company’s Chief Marketing Officer, terminated his engagement with the Company.
the Board nominated six of them for re-election at the Annual Meeting, in addition to a new director nominee, Thomas M. Wittenschlaeger.
On September 21, 2021 (the “Resignation Date”), Rodney C. Keller, Jr., who served as the President and Chief Executive Officer of AYRO, Inc. (the “Company”) and as a member of the Company’s board of directors (the “Board”), tendered his resignation from his roles as an officer, employee and director of the Company, effective immediately.
Max materiality 0.85 · Median 0.60 · Most common event other_material