IPO - RICHTECH ROBOTICS INC.

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Form Type: 424B5

Filing Date: 2025-05-16

Corporate Action: Ipo

Type: New

Accession Number: 000121390025044878

Filing Summary: Richtech Robotics Inc. is offering up to $100,000,000 of Class B common stock through an at-the-market offering. The company has engaged Rodman & Renshaw LLC, H.C. Wainwright & Co., LLC, and BTIG, LLC as agents. The offer allows the company to sell shares of its Class B common stock through various methods on trading markets. The designated agents are entitled to a 3% commission on the gross sales price of the shares sold. The offering is intended to provide funds for working capital and general corporate purposes. Richtech aims to expand its market presence, focusing on sectors such as hospitality, where automation is increasingly essential due to labor shortages. The class B common stock is listed under the symbol 'RR' on the Nasdaq Capital Market.

Additional details:

Class B Common Stock Offered: Up to $100,000,000


Class B Common Stock Outstanding Before Offering: 74,868,935 shares


Class B Common Stock To Be Outstanding After Offering: Up to 118,921,798 shares


Last Reported Sale Price: $2.19 per share on May 15, 2025


Exercise Price Of Existing Warrants: $1.35 per share


Gross Proceeds From Exercising Warrants: Approximately $3,644,726


Inducement Warrant Exercise Price: $4.00 per share


Warrant Exercise Inducement Date: February 10, 2025


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