RICHTECH ROBOTICS (RR) Company Report

Richtech Robotics (RR) is facing a securities class action lawsuit by Hagens Berman, representing investors who purchased shares between January 27, 2026, and January 29, 2026.
The lawsuit alleges Richtech misled investors on January 27, 2026, by announcing a "hands-on collaboration with Microsoft," which caused its shares to soar 30%.
This claim was contradicted on January 29, 2026, when Hunterbrook Media reported Microsoft denied a commercial partnership, clarifying it was a "standard" customer program with "no commercial element," leading to a 20% decline in Richtech's share price.
The complaint suggests Richtech's statements may have been intended to facilitate a dilutive at-the-market private placement announced on January 28, 2026.

1 day ago

Richtech Robotics Faces Securities Class Action Lawsuit Over Microsoft Partnership Claims

Legal Proceedings

Richtech Robotics (RR) has been hit with a securities class action lawsuit following a report by Hunterbrook Media on January 29, 2026, that Microsoft denied a commercial partnership, contradicting Richtech's earlier announcement.
On January 27, 2026, Richtech's press release touting a "hands-on collaboration with Microsoft" caused its shares to soar 30%.
Microsoft subsequently clarified that the engagement was a "standard" customer program with "no commercial element," leading to Richtech's share price falling over 20% on January 29, 2026.
The lawsuit covers investors who purchased Richtech securities between January 27, 2026, and January 29, 2026, with a lead plaintiff deadline of April 3, 2026.
Hagens Berman is investigating whether Richtech intentionally misled investors to facilitate a dilutive at-the-market private placement of 8.5 million Class B common shares announced on January 28, 2026.

2 days ago

Richtech Robotics Announces Closing of $38.7 Million Private Placement

Equity Issuance

New Projects/Investments

Richtech Robotics Inc. announced the closing of a private placement for the purchase and sale of 8,500,000 shares of Class B common stock.
The private placement, which closed on January 29, 2026, generated approximately $38.7 million in gross proceeds.
The company intends to use the net proceeds of approximately $36.2 million for working capital, general corporate purposes, product development, and inventory procurement.

8 days ago

Richtech Robotics Closes Private Placement

New Projects/Investments

Richtech Robotics Inc. (Nasdaq: RR) announced the closing of a private placement for the purchase and sale of 8,500,000 shares of the Company’s Class B common stock.
The gross proceeds from the offering were approximately $38.7 million.
The Company intends to use the net proceeds for working capital, general corporate purposes, further development of product candidates, and procurement of inventory, specifically for robotic hardware.

Jan 29, 2026, 10:55 PM

Richtech Robotics Details AI-Driven Robotic Solutions and Growth Targets

Product Launch

New Projects/Investments

Revenue Acceleration/Inflection

Richtech Robotics is positioned as the world's first AI-driven, total robotic solutions provider for the hospitality and service sectors, addressing significant labor shortages.
The company has over 400 robots installed globally as of April 2025 and aims to reach 1,000+ locations by 2026.
For the 12 months ended June 30, 2025, Richtech reported $4.1 million in revenues and holds $6.6 million in secured Robot-as-a-Service (RaaS) contracts, with $107 million in cash & equivalents as of the same date.
The company operates within a highly diversified $230 billion addressable market, with the service robotics market projected to grow from $71.91 billion in 2025 to $175.46 billion in 2030.

Sep 15, 2025, 11:00 AM

Richtech Robotics Inc. enters new At The Market Offering Agreement

Richtech Robotics Inc. entered into an At The Market Offering Agreement on August 28, 2025, with Rodman & Renshaw LLC and H.C. Wainwright & Co., LLC.
This agreement allows the company to offer and sell up to $100 million of its Class B common stock.
The company will pay a fixed cash commission rate of 3.0% of the gross sales price to Rodman.
Richtech Robotics Inc. also terminated a prior At The Market Offering Agreement, effective September 12, 2025.

Aug 28, 2025, 10:14 AM

Richtech Robotics Inc. enters Master Services Agreement with major retailer

New Projects/Investments

Richtech Robotics Inc. (RR) entered into a Master Services Agreement (MSA) with one of the largest retailers in the world on August 21, 2025.
Under the MSA, Richtech Robotics Inc. will provide services and work on various projects for the client, with specific details to be defined in individual statements of work or work orders.
The agreement has an initial term of 2 years and will automatically renew for additional 12-month periods unless either party provides 60 days' written notice of its intent not to renew.

Aug 25, 2025, 12:00 AM

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