Mint Delivers First FLOKI Minibot M1 Prototype Introducing a New AI-Powered Companion for the Asia Pacific Market &

Rhea-AI Summary

Mint (NASDAQ: MIMI) delivered the first prototype of the AI companion FLOKI Minibot M1 and showcased it at the British Education Training and Technology Show in early 2026. Mint and Rice Robotics formalized a collaboration and agreed to deliver up to 800 units by end-Q1 2026.

The companies proposed increasing joint-venture investment from HK$10 million to HK$15 million, subject to definitive documentation. Product roadmaps target education, hospitality and entertainment verticals as commercialization proceeds.

Positive

• First prototype delivered and publicly showcased at a major trade show in early 2026
• Agreement to deliver up to 800 FLOKI Minibot M1 units by end-Q1 2026
• Proposed joint-venture investment increase to HK$15 million from HK$10 million

Negative

• Commercial release and sector rollouts are subject to further R&D and commercialization
• Proposed investment increase is conditional on definitive documentation, creating execution uncertainty
• Delivery timeline to meet end-Q1 2026 is ambitious and may pressure short-term operations

News Market Reaction – MIMI

+16.67%

25 alerts

+16.67% News Effect

+49.5% Peak in 1 hr 21 min

+$2M Valuation Impact

$12M Market Cap

1.5x Rel. Volume

On the day this news was published, MIMI gained 16.67%, reflecting a significant positive market reaction. Argus tracked a peak move of +49.5% during that session. Our momentum scanner triggered 25 alerts that day, indicating elevated trading interest and price volatility. This price movement added approximately $2M to the company's valuation, bringing the market cap to $12M at that time.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

FLOKI Minibot M1 units: up to 800 units Proposed JV investment: HK$15 million Initial JV investment: HK$10,000,000 +5 more

8 metrics

FLOKI Minibot M1 units up to 800 units Delivery target by end of Q1 2026 under Axonex–Rice Robotics agreement

Proposed JV investment HK$15 million Total proposed investment for strategic JV with Rice Robotics, subject to closing

Initial JV investment HK$10,000,000 Intended initial investment via Aspiration X for Physical AI JV per Feb 9, 2026 6-K

AL Holding shareholding 1,943,400 Class A shares Beneficial ownership reported in Schedule 13G/A

AL Holding ownership % 9.663% Percentage of Class A ordinary shares per Schedule 13G/A

Class A shares outstanding 20,112,500 shares Outstanding Class A ordinary shares referenced in Schedule 13G/A

Locked Class A shares 4,811,800 shares Covered by voluntary lock-up from Sep 30, 2025 to Mar 31, 2026

Locked Class B shares 7,000,000 shares 100% of Class B shares subject to same voluntary lock-up period

Market Reality Check

Price: $0.3370 Vol: Volume 257,482 is far bel...

low vol

$0.3370 Last Close

Volume Volume 257,482 is far below the 20-day average 12,626,141 (relative volume 0.02), suggesting limited pre-news participation. low

Technical Shares at $0.33 are trading below the 200-day MA of $4.61 and sit 97.59% under the 52-week high of $13.69.

Peers on Argus

MIMI is down 1.05% while sector peers are mixed: ONEG -3.39%, SKBL -2.9% vs SLND...

MIMI is down 1.05% while sector peers are mixed: ONEG -3.39%, SKBL -2.9% vs SLND +5.27%, ESOA +4.86%, SHIM +0.58%, indicating stock-specific dynamics.

Previous AI Reports

1 past event · Latest: Feb 09 (Positive)

Same Type Pattern 1 events

Date	Event	Sentiment	Move	Catalyst
Feb 09	AI JV MOU signed	Positive	+37.1%	Non-binding AI robotics JV MOU with Rice Robotics and planned HK$10M investment.

Pattern Detected

Prior AI/Physical AI partnership news with Rice Robotics drew a strong positive price reaction.

Recent Company History

Over the past months, Mint has shifted toward AI and robotics, forming Axonex-focused subsidiaries and signing an AI “Physical AI” MOU with Rice Robotics on Feb 9, 2026, which saw a 37.08% 24-hour gain. Earlier, the company received a Nasdaq minimum bid price deficiency notice with a compliance deadline of June 17, 2026 and implemented shareholder lock-ups through Mar 31, 2026. Today’s FLOKI Minibot M1 prototype and increased JV investment build directly on that Rice Robotics collaboration.

Historical Comparison

+37.1% avg move · This AI update extends the Feb 9 Physical AI JV MOU with Rice Robotics, which saw an average 37.08% ...

AI

+37.1%

Average Historical Move AI

This AI update extends the Feb 9 Physical AI JV MOU with Rice Robotics, which saw an average 37.08% one-day move on similar AI-themed news.

The AI roadmap has progressed from a non-binding Physical AI JV MOU with an initial HK$10,000,000 commitment to delivery of the first FLOKI Minibot M1 prototype and an agreed-in-principle JV investment increase to HK$15 million.

Market Pulse Summary

The stock surged +16.7% in the session following this news. A strong positive reaction aligns with p...

Analysis

The stock surged +16.7% in the session following this news. A strong positive reaction aligns with prior AI news, where the Feb 9 Physical AI MOU produced a 37.08% move. The new FLOKI Minibot M1 prototype and up to 800 unit agreement extend that roadmap. Investors would still need to weigh execution risk, commercialization timelines, and the company’s history of Nasdaq bid-price pressure when assessing how durable such strength might be.

Key Terms

memorandum of understanding, schedule 13g/a, class a ordinary shares, class b ordinary shares, +2 more

6 terms

memorandum of understanding regulatory

"Mint and Rice Robotics signed a non-binding Memorandum of Understanding on Feb 9, 2026"

A memorandum of understanding (MOU) is a formal agreement between two or more parties that outlines their shared intentions and plans to work together. It acts like a handshake in writing, clarifying each side’s roles and expectations before any official contract is signed. For investors, an MOU signals that parties are serious about collaboration, which can influence future business opportunities and potential growth.

schedule 13g/a regulatory

"received an updated Schedule 13G/A from AL Holding Group Limited reporting ownership"

A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.

class a ordinary shares financial

"AL Holding Group Limited holds 1,943,400 Class A ordinary shares, representing 9.663%"

Class A ordinary shares are a type of ownership stake in a company that typically grants voting rights to shareholders, allowing them to have a say in important company decisions. They often come with priority in receiving dividends or profits, making them attractive to investors seeking influence and potential income. These shares help distinguish different levels of ownership and rights within a company's stock structure.

class b ordinary shares financial

"converted all 2,100,000 Class B ordinary shares it held into Class A ordinary shares"

Class B ordinary shares are a type of ownership stake in a company that typically come with different voting rights or privileges compared to other share classes. For investors, they represent a way to hold part of the company’s value and influence its decisions, often with fewer voting rights than Class A shares. Understanding these shares helps investors assess their level of control and potential returns within a company.

reverse stock split financial

"could include completing a reverse stock split no later than 10 business days before June 17, 2026"

A reverse stock split is when a company reduces the number of its shares outstanding, making each share more valuable. For example, if you own 100 shares worth $1 each, a 1-for-10 reverse split would turn your 100 shares into 10 shares worth $10 each. Companies often do this to boost their stock price and appear more stable to investors.

voting rights regulatory

"Class B shares carried twenty votes per share, giving them enhanced voting rights"

Voting rights are the ability of shareholders to have a say in important company decisions, like choosing leaders or approving big changes. They matter because they give owners a voice in how the company is run, similar to how voters influence elections, ensuring the company acts in shareholders’ interests.

AI-generated analysis. Not financial advice.

Marking the Group's Strategic Entry 
into the Region's Rapidly Expanding Consumer Robotics Sector

Hong Kong, Feb. 25, 2026 (GLOBE NEWSWIRE) -- Mint Incorporation Limited (“Mint” or the “Group”, NASDAQ: MIMI), a Hong Kong-based company with a new strategic focus on artificial intelligence (AI) and robotics, and an established business interior design and fit-out works provider, today announced the successful delivery of the first prototype of the FLOKI Minibot M1, an AI-powered companion robot developed in collaboration with Rice Robotics Holdings Limited (“Rice Robotics”). This milestone marks the Group’s official entry into the fast-growing consumer robotics (B2C) market, as part of its broader strategy to diversify its business operations.

The FLOKI Minibot M1 is engineered to serve as an intelligent daily companion, blending a personality-driven AI with practical functionalities. These include smart reminders, proactive notifications, natural and engaging conversation, concierge services, and educational tutoring. The robot is designed to distinguish itself in the market through its capacity to develop a personalized interaction style with each user, delivering a more intuitive and engaging experience than certain existing companion robotic products.

Mr. Damian Chan, Chairman of the Board and Chief Executive Officer of Mint commented: “We are immensely proud of the progress achieved with the FLOKI Minibot M1. Its delivery marks a significant step forward in our strategic entry into the B2C robotics market. Consumer demand for AI-powered companions is accelerating rapidly, and we believe the FLOKI Minibot M1 is uniquely positioned to meet this need by integrating advanced AI-driven features with a deeply engaging and personalized user experience.”

The launch of the FLOKI Minibot M1 strategically positions Mint to capitalize on the exceptional growth of the AI robotics market, particularly within the Asia Pacific region. Future development roadmaps for the FLOKI Minibot M1 include enhancements tailored for the education, hospitality, and entertainment sectors, further broadening its commercial potential, subject to further research, development and commercialization efforts.

The prototype was co-developed by the R&D team at Axonex Intelligence Limited, Mint's wholly-owned subsidiary, and Rice Robotics Limited, a renowned player in the delivery robotics sector. This partnership leverages Mint's robust expertise in robotics R&D with Rice Robotics' market-tested vision for integrated AI solutions. The first prototype was proudly showcased at the British Education Training and Technology Show in the U.K. in early 2026. Axonex and Rice Robotics have formalized their collaboration with an agreement to deliver up to 800 FLOKI Minibot M1 units by the end of the first quarter of 2026. Mint and certain investors have agreed in principle to increase their total proposed investment from HK$10 million to HK$15 million for the formation of the proposed strategic joint venture with Rice Robotics Holdings Limited, subject to definitive documentation and customary closing conditions.

Mr. Chan added, "This milestone is a testament to Mint's dedication to innovation and value creation. Our successful collaboration with Rice Robotics empowers us to deliver solutions that fundamentally enhance how people interact with technology in their daily lives. As we scale production and expand our market presence, we are confident that the FLOKI Minibot M1 will become a cornerstone of our robotics portfolio, driving top-line growth and delivering long-term value for our shareholders."

The introduction of the FLOKI Minibot M1 aligns with Mint's overarching strategy to seize opportunities within the expanding "Physical AI" market—intelligent systems that harmoniously integrate hardware and software to operate autonomously in real-world environments. With the FLOKI Minibot M1 progressing toward commercial release and a robust pipeline of next-generation robotics solutions, Mint is well-positioned to thrive in the rapidly growing Asia Pacific AI robotics market while continuing to develop its capabilities in innovation and technology.

Photo Caption

The first prototype of AI-Powered Companion, FLOKI Minibot M1, was proudly showcased at the British Education Training and Technology Show in the U.K. in early 2026.

- End-

About Mint Incorporation Limited

Mint Incorporation Limited (NASDAQ: MIMI), a Hong-Kong based enterprise listed on NASDAQ, specializes in artificial intelligence (AI), robotics, and interior design. Through its subsidiary Axonex Intelligence Limited, the company delivers intelligent robotics and facility management solutions to enterprises, real estate, shopping centers, government agencies, and more. Mint also operates Matter International Limited, providing professional interior design and renovation services. With a focus on innovation and practical applications, Mint is committed to enhancing efficiency, safety, and quality of life across industries.

Rice Robotics Holdings Limited

Rice Robotics Holdings Limited is a renowned leader in autonomous delivery robot solutions, with a strong market presence across Asia. The company specializes in the design, development, and deployment of intelligent robotic systems for logistics and service industries. Its core technology platforms serve high-profile clients in Japan, demonstrating proven reliability in complex operational environments.  With a focus on innovation and real-world application, Rice Robotics is committed to transforming last-mile delivery and service automation, enhancing operational efficiency and redefining customer experiences.

Forward-Looking Statements

Certain statements in this release are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as “approximates,” “believes,” “hopes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “will,” “would,” “should,” “could,” “may” or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results disclosed in the Company's filings with the SEC.

Media Enquiries
Strategic Financial Relations Limited
Vicky Lee	Tel: (852) 2864 4834	E-mail: vicky.lee@sprg.com.hk
Rachel Ko	Tel: (852) 2114 2370	E-mail: rachel.ko@sprg.com.hk
Cherrie Man	Tel: (852) 2864 4846	E-mail: cherrie.man@sprg.com.hk

FAQ

What did Mint (MIMI) announce about the FLOKI Minibot M1 on February 25, 2026?

Mint announced the delivery of the first prototype of the FLOKI Minibot M1 as it enters consumer robotics. According to the company, the prototype was showcased at a UK education technology show and signals a strategic push into Asia Pacific B2C robotics.

How many FLOKI Minibot M1 units will Mint (MIMI) and Rice Robotics deliver by end-Q1 2026?

Mint and Rice Robotics agreed to deliver up to 800 units by the end of Q1 2026. According to the company, this commitment is part of the formalized collaboration to scale early production and commercialization efforts.

What investment change did Mint (MIMI) propose for the joint venture with Rice Robotics?

Mint and certain investors proposed increasing the total proposed joint-venture investment from HK$10 million to HK$15 million. According to the company, the increase is subject to definitive documentation and customary closing conditions.

What are the planned commercial targets for FLOKI Minibot M1 from Mint (MIMI)?

Mint plans development roadmaps targeting education, hospitality, and entertainment verticals for FLOKI Minibot M1. According to the company, those sector-specific enhancements are subject to further research, development and commercialization efforts.

Will the FLOKI Minibot M1 be available for consumers immediately after the prototype delivery?

No, the FLOKI Minibot M1 is progressing toward commercial release but is not yet broadly available. According to the company, further R&D, commercialization steps and production scaling are required before general consumer availability.

How does Mint (MIMI) describe FLOKI Minibot M1's user experience and AI features?

Mint describes FLOKI Minibot M1 as an AI-powered companion offering personalized interaction, reminders, concierge services and educational tutoring. According to the company, the product emphasizes personality-driven AI to create more engaging, individualized user experiences.