Richtech Robotics Inc (RR) Share Price

Richtech’s mission is to transform the service industry through collaborative robotic solutions: President
Speaking to AlphaStreet, Matt Casella, president of Richtech, discussed the robotics market and the company’s future plans

September 12, 2024

https://news.alphastreet.com/richtechs-mission-is-to-transform-the-service-industry-through-collaborative-robotic-solutions-president/

Humanoid Drink Robot from Richtech Robotics

Monday, September 9, 2024

https://appdevelopermagazine.com/humanoid-drink-robot-from-richtech-robotics/

Can this be right ?

"As of the date of this report, the Investors have exercised their Pre-Funded Warrants in full, at an exercise price of $0.00001 per share, for an aggregate of 2,312,594 shares of Common Stock. The Company received aggregate gross proceeds of $23.13 in connection with the exercises of the Pre-Funded Warrants."

Richtech Robotics Announces Closing of $21 Million Public Offering

Source: GlobeNewswire Inc.

Richtech Robotics Inc. (Nasdaq: RR), (“Richtech Robotics” or the “Company”), a Nevada-based provider of AI-driven service robots, today announced the closing of its previously announced public offering of an aggregate of 15,555,557 shares of its Class B common stock (or Class B common stock equivalents in lieu thereof) and warrants to purchase up to 15,555,557 shares of Class B common stock (the “Warrants”), at a combined public offering price of $1.35 per share (or per Class B common stock equivalent in lieu thereof) and accompanying Warrant. The Warrants have an exercise price of $1.35 per share, are exercisable immediately upon issuance and expire on the five-year anniversary of the initial issuance date.
Rodman & Renshaw LLC acted as the exclusive placement agent for the offering.

The aggregate gross proceeds to the Company from the offering were approximately $21 million before deducting the placement agent’s fees and other offering expenses payable by the Company. The potential additional gross proceeds to the Company from the Warrants, if fully exercised on a cash basis, will be approximately $21 million. No assurance can be given that any of the Warrants will be exercised. The Company intends to use the net proceeds from this offering for working capital, general corporate purposes, including the further development of its product candidates, and the procurement of inventory, specifically for robotic hardware.

The securities described above were offered pursuant to a registration statement on Form S-1 (File No. 333-281789) (the “Registration Statement”), which was declared effective by the Securities and Exchange Commission (the “SEC”) on August 29, 2024, and an additional registration statement on Form S-1 filed pursuant to Rule 462(b) under the Securities Act of 1933, as amended, which became automatically effective on August 29, 2024. The offering was made only by means of a prospectus forming part of the effective registration statements relating to the offering. A final prospectus relating to the offering has been filed with the SEC. Electronic copies of the final prospectus may be obtained on the SEC’s website at http://www.sec.gov and may also be obtained by contacting Rodman & Renshaw LLC at 600 Lexington Avenue, 32nd Floor, New York, NY 10022, by telephone at (212) 540-4414, or by email at info@rodm.com.

This press release shall not constitute an offer to sell or a solicitation of an offer to buy any of the securities described herein, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction.

About Richtech Robotics

Richtech Robotics is a provider of collaborative robotic solutions specializing in the service industry, including the hospitality and healthcare sectors. Our mission is to transform the service industry through collaborative robotic solutions that enhance the customer experience and empower businesses to achieve more. By seamlessly integrating cutting-edge automation, we aspire to create a landscape of enhanced interactions, efficiency, and innovation, propelling organizations toward unparalleled levels of excellence and satisfaction. Learn more at www.RichtechRobotics.com and connect with us on X (Twitter), LinkedIn, and YouTube.

Forward Looking Statements

Certain statements in this press release are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may be identified by the use of forward-looking words such as “anticipate,” “believe,” “forecast,” “estimate,” “expect,” and “intend,” among others. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Such forward-looking statements include, but are not limited to, statements regarding the anticipated use of proceeds from the offering.

These forward-looking statements are based on Richtech Robotics’ current expectations and actual results could differ materially. There are a number of factors that could cause actual events to differ materially from those indicated by such forward-looking statements include, among others, risks and uncertainties related to market and other conditions. Investors should read the risk factors set forth in Richtech Robotics’ Annual Report on Form 10-K/A, filed with the SEC on March 27, 2024, the Registration Statement and periodic reports filed with the SEC on or after the date thereof. All of Richtech Robotics’ forward-looking statements are expressly qualified by all such risk factors and other cautionary statements. The information set forth herein speaks only as of the date thereof. New risks and uncertainties arise over time, and it is not possible for Richtech Robotic to predict those events or how they may affect Richtech Robotic. If a change to the events and circumstances reflected in Richtech Robotics’ forward-looking statements occurs, Richtech Robotics’ business, financial condition and operating results may vary materially from those expressed in Richtech Robotics’ forward-looking statements.

Readers are cautioned not to put undue reliance on forward-looking statements, and Richtech Robotic assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events or otherwise.

Contact:

Investors:
CORE IR
Matt Blazei
ir@richtechrobotics.com

Media:
Timothy Tanksley
Director of Marketing
Richtech Robotics, Inc
press@richtechrobotics.com
702-534-0050



Primary Logo

Ah , shorty in the house ...

$RR

Nice reversal today


Ec

$RR

From red to green

Offering did not affect the momentum

Making big money

Ec

Well , that was fun while it lasted ...

Company selling has entered the fray ...

$RR

$2.04.

New high

Ec

RR MAKING A MOVE FOR A SCALP OF THE DAY

$RR

Pre market on fire

Wwwwwwwweeeeeeeee


Ec

RR.......................................https://stockcharts.com/h-sc/ui?s=RR&p=W&b=5&g=0&id=p86431144783

$RR

Nice Friday finish

Up 10%

Ec

Shhhh..... we can't reveal much, but its going to be a BIG one. Keep your eyes peeled. 👁#teaser #newproduct #robotics #Innovation #Comingsoon pic.twitter.com/p7s3KLDdX6— Richtech Robotics (@RichtechRobots) August 22, 2024


Ec

Here comes the heat 🔥🔥🔥

Chance to buy back the shares you let go too early ...

$RR

September 20th

Mark your calendars

Something new is coming!!! 👀 Can you guess what?#automation #robotics #SneakPeek #new #AI pic.twitter.com/u5ibG1Ce7k— Richtech Robotics (@RichtechRobots) August 16, 2024



Ec

$RR

Pre market looks great

Let’s go over $1.6

Ec

Let’s go $RR

Break the $2 dollar mark

Ec

wowza!

let’s see how she does tomorrow.

RR: O.K., & RR was just about EVEN (in price) in the Post-M, when it closed 2-minutes ago. (Lastly, VHAI evidently has won the Post-M race across the USA, behind NO news --- I do NOT own it, but I did post some very bland, objective, comments about it over on its iHub board.)

thx, im holding for now.

RR..................https://stockcharts.com/h-sc/ui?s=RR&p=W&b=5&g=0&id=p86431144783

RR: Nice run-up for ya here, Ms. Gail!!

WEEE!!! let’s see what she has in the tank here.

lol, you are so silly.

RR: And MORE news just out!!! I.e., a live video showing their disruptive, new, ROBOTIC BARTENDER at work over there at that Walmart's outdoors FOOD COURT!!! (Click the link, below!!!)

up she goes.

its trying….

here we go. a real company with a real product.

grabbed some on the dip here.

Now at $1.65

Going parabolic

$RR

Ec

Wwwwwweeeeeeeeeee

Hit $1.5

Still going strong

$RR


Ec

New high of day

$1.35

Wwwwwwwwweeeeeeeeeeee

$RR


Ec

Hitting $1.12 pre market


$RR

Ec

$RR

Already hit $1.02 pre market

Ec

NEWS

https://ih.advfn.com/stock-market/NASDAQ/richtech-robotics-RR/stock-news/94413431/richtech-robotics-announces-adam-installation-at-o

$RR

Ec

Already hit .99 cents pre market

A close above $1.2 would be nice

$RR

Ec

Let’s ggggooooooo

Break the $1 dollar mark

Ec

RR..............................https://stockcharts.com/h-sc/ui?s=RR&p=W&b=5&g=0&id=p86431144783

On the low end. Long term, robotics is a multi-billion dollar industry.

This could go to a few dollars!

RR .50s looking better at .70 ring some out

What the hell is it! Something new is coming!!! 👀 Can you guess what?#automation #robotics #SneakPeek #new #AI pic.twitter.com/u5ibG1Ce7k— Richtech Robotics (@RichtechRobots) August 16, 2024

https://x.com/viewmont12/status/1824516811326624053

$RR Squeeeeeeze ...

RR.......................https://stockcharts.com/h-sc/ui?s=RR&p=W&b=5&g=0&id=p86431144783

Let’s go robots takeover the world

Well serv is 31% down since your post and RR is 59% down since this post. Any other great investing ideas clown??

feels dirty for sure