Richtech Robotics Inc. (RR) company profile

Richtech Robotics Inc. develops and deploys artificial intelligence-powered robotic systems aimed at enhancing commercial and industrial operations. The company operates through three strategic pillars: Commercial, Industrial, and Data Services. Its commercial offerings include Matradee service robots along with ADAM and Scorpion beverage service robots, which cater to restaurants, hotels, casinos, and entertainment venues. In the industrial segment, the company provides Titan mobile delivery robots, DUST-E autonomous floor-cleaning robots, and the Dex humanoid robot for manufacturing, warehousing, and retail automotive environments. Through its data services division, it generates physical-world datasets to support frontier embodied artificial intelligence training.

The company provides deployment and maintenance services across the continental United States, Hawaii, Puerto Rico, Canada, and Mexico. It maintains several hundred active installations within the United States alongside deployments across Canada, Mexico, and Australia. Richtech Robotics is headquartered in Las Vegas, Nevada.

Summary of the business section of Richtech Robotics's latest annual report, written by StockData.

Stock and option awards are grant-date fair values, not realized pay. “Other” includes pension value changes and all other compensation. Source proxy statement.

“Per Share Total Initial public offering price $ 5.00 $ 10,500,000 Underwriting discounts and commissions (1)(2) $ 0.35 $ 735,000 Proceeds to us, before expenses $ 4.65 $ 9,765,000 ____________ (1) Represents underwriting discounts equal to seven percent (7%) of the public offering price on each of the shares of Cla”

Lock-up end is estimated as 180 days after the first trading day; the prospectus sets the actual terms.

“we had 55 full-time employees in the United States and 20 overseas R&D employees.”