Richtech Robotics (RR) shares jumped over 40% on news of a purported Microsoft (MSFT) “collaboration,” but Microsoft later clarified that Richtech is merely a customer participating in a standard, non-commercial AI Co-Innovation Labs engagement, Hunterbrook says. Following the stock surge, Richtech announced a $38M dilutive fundraising, raising questions about the substance of the initial announcement, the firm adds.
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