Richtech Robotics announces and closes a $38.7 million private placement priced at-the-market under Nasdaq rules
Evidence notes
- Richtech Robotics closed a $38.7 million private placement for 8.5 million shares of Class B common stock.
- The financing was priced at-the-market under Nasdaq rules and represented a completed capital raise.
- The transaction added public-company funding capacity while Richtech was scaling ADAM and other service-robotics deployments.
Company context
Richtech Robotics builds service robots, delivery robots, cleaning systems and mobile manipulation platforms for hospitality, healthcare, retail and industrial environments.