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Richtech Robotics Inc. Class B ( (RR) ) has provided an update.
On May 16, 2025, Richtech Robotics Inc. entered into an At The Market Offering Agreement with Rodman & Renshaw LLC, H.C. Wainwright & Co., LLC, and BTIG, LLC to offer and sell shares of its Class B common stock, potentially raising up to $100 million. This agreement allows the company to sell shares through various methods, including the Nasdaq Capital Market, and is part of a strategy to enhance its financial flexibility and market presence.
The most recent analyst rating on (RR) stock is a Buy with a $3.00 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. operates in the robotics industry, focusing on the development and sale of robotic solutions and technologies.
Average Trading Volume: 7,762,521
Technical Sentiment Signal: Strong Buy
Current Market Cap: $276.7M
For an in-depth examination of RR stock, go to TipRanks’ Stock Analysis page.