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Tokens.com Corp ( (TSE:XBOT) ) has shared an update.
Realbotix Corp. has agreed to sell its Tokens.com domain portfolio, including several related domain names, to Bed Bath & Beyond for US$2.245 million in a cash transaction viewed as monetizing legacy, non-core digital assets. Because these domains carried no value on Realbotix’s balance sheet and do not involve the transfer of operating businesses, intellectual property or liabilities, the sale is expected to strengthen the company’s balance sheet and sharpen its strategic focus on core AI and humanoid robotics initiatives, even as it remains in default of certain securities filing obligations until required documents are submitted.
The most recent analyst rating on (TSE:XBOT) stock is a Buy with a C$0.70 price target. To see the full list of analyst forecasts on Tokens.com Corp stock, see the TSE:XBOT Stock Forecast page.
More about Tokens.com Corp
Realbotix Corp. is a U.S.-based designer and manufacturer of AI-powered intelligent humanoid robots for entertainment, customer service and companionship. Leveraging patented AI and robotics technologies to deliver lifelike expressions, motion, vision and social engagement, the company positions itself as a category leader in the rapidly evolving field of human-centric robotics.
Average Trading Volume: 310,157
Technical Sentiment Signal: Hold
Current Market Cap: C$76.62M
See more insights into XBOT stock on TipRanks’ Stock Analysis page.