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Richtech Robotics Inc. Class B ( (RR) ) has shared an update.
On January 27, 2026, Richtech Robotics Inc. entered into a securities purchase agreement with an institutional investor for a private placement of 8.5 million Class B common shares at $4.55 per share, raising gross proceeds of about $38.7 million, with the transaction closing on January 29, 2026 and yielding approximately $36.2 million in net proceeds after fees. The company plans to use the funds for working capital, general corporate purposes, further development of its product portfolio and procurement of robotic hardware inventory, and it has agreed to register the resale of the shares with the SEC under a registration rights agreement, while accepting restrictions on additional equity issuance and variable-rate financings for specified periods that may limit near-term capital-raising flexibility but provide greater certainty to the new institutional investor and existing shareholders.
The most recent analyst rating on (RR) stock is a Buy with a $6.00 price target. To see the full list of analyst forecasts on Richtech Robotics Inc. Class B stock, see the RR Stock Forecast page.
More about Richtech Robotics Inc. Class B
Richtech Robotics Inc., based in Nevada and listed on Nasdaq, is a provider of AI-driven service robots that develops advanced robotic solutions and supporting data infrastructure. Operating across industrial, commercial and data services segments, its robots are designed to work alongside people in settings ranging from factory floors to hospitality venues, with a focus on dependable automation, consistent service performance and AI-enabled improvement at scale.
Average Trading Volume: 32,573,165
Technical Sentiment Signal: Buy
Current Market Cap: $1.09B
Learn more about RR stock on TipRanks’ Stock Analysis page.