Richtech Robotics Inc

On September 3, 2026, Richtech Robotics Inc. (NASDAQ: RR) announced the successful closing of its public offering, raising approximately $21 million in gross proceeds. The transaction involved the issuance of 15,555,557 shares of Class B common stock and accompanying warrants at a combined public offering price of $1.35 per share. The company stated that the net proceeds will be utilized for working capital, general corporate purposes, and the procurement of inventory specifically for its robotic hardware systems to support ongoing commercial scaling.

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