Richtech Robotics Announces Closing of $38.7 Million Private Placement Priced At-The-Market Under Nasdaq Rules

Rhea-AI Summary

Richtech Robotics (Nasdaq: RR) closed an at-the-market private placement on January 29, 2026, issuing 8,500,000 Class B shares for gross proceeds of approximately $38.7 million. Rodman & Renshaw acted as exclusive placement agent.

The company intends to use net proceeds for working capital, product development, and robotic hardware inventory. Shares were issued under Section 4(a)(2)/Regulation D and are not registered; the company agreed to file a resale registration statement per a registration rights agreement.

Positive

• Raised approximately $38.7 million gross proceeds
• Proceeds earmarked for working capital and product development
• Dedicated funds for robotic hardware inventory

Negative

• Issued 8.5 million new Class B shares, implying shareholder dilution
• Shares sold unregistered under Securities Act, subject to resale registration timing

Key Figures

Private placement size: $38.7 million gross proceeds Shares in placement: 8,500,000 shares Annual revenue: $5,045 thousand +5 more

8 metrics

Private placement size $38.7 million gross proceeds Closed Jan 29, 2026

Shares in placement 8,500,000 shares Class B common stock issued in private placement

Annual revenue $5,045 thousand Year ended Sep 30, 2025 (10-K)

RaaS revenue $692 thousand New Robots-as-a-Service contracts, FY ended Sep 30, 2025

May 2025 ATM proceeds $100.0 million Class B sold under May 2025 ATM (10-K)

Aug 2025 ATM proceeds $98.4 million Class B sold under August 2025 ATM (10-K)

Sep 2025 ATM proceeds $26.8 million Class B sold under September 2025 ATM (10-K)

Warrant exercise proceeds $3.64 million Induced warrant exercises reported in 10-K

Market Reality Check

Price: $4.02 Vol: Volume 95,787,836 is 1.97...

high vol

$4.02 Last Close

Volume Volume 95,787,836 is 1.97x the 20-day average 48,722,513, indicating elevated trading interest ahead of and around the financing. high

Technical Shares trade above the 200-day MA, with price at 4.02 versus the 200-day MA at 3.21.

Peers on Argus

RR fell 20.87% while peers were mixed: GHM +1.59%, KRNT -0.77%, SERV -7.45%, LXF...

RR fell 20.87% while peers were mixed: GHM +1.59%, KRNT -0.77%, SERV -7.45%, LXFR +2.49%, OFLX +3.97%. This points to stock-specific pressure from the financing rather than a sector-wide move.

Previous Private placement Reports

1 past event · Latest: Jan 28 (Negative)

Same Type Pattern 1 events

Date	Event	Sentiment	Move	Catalyst
Jan 28	Private placement deal	Negative	-7.8%	Announced $38.7M private placement of 8.5M Class B shares at-the-market.

Pattern Detected

Limited history suggests private placement announcements have coincided with share price declines for RR.

Recent Company History

This announcement closes a previously disclosed private placement of 8,500,000 Class B shares for gross proceeds of about $38.7 million. The initial agreement on Jan 28, 2026 was followed by a -7.8% move, indicating investor sensitivity to dilution. Today’s closing notice confirms funding and use of proceeds for working capital, product development, and robotic hardware inventory, extending the same financing sequence rather than introducing a new strategic shift.

Historical Comparison

private placement

+7.8 %

Average Historical Move

Historical Analysis

RR’s prior private placement announcement led to a -7.8% move. Today’s -20.87% reaction to the closing notice is larger than that historical response for the same tag.

Typical Pattern

The company moved from announcing a private placement agreement on <b>Jan 28, 2026</b> to closing the same financing on <b>Jan 29, 2026</b>, completing this capital-raising step.

Regulatory & Risk Context

Active S-3 Shelf · $1,000,000,000

Shelf Active

Active S-3 Shelf Registration 2025-09-23

$1,000,000,000 registered capacity

An effective S-3ASR shelf filed on Sep 23, 2025 permits issuance of multiple securities, including up to $1,000,000,000 of Class B stock under an ATM agreement. Combined with the new $38.7 million private placement, this indicates significant authorized capacity for future equity or equity-linked issuance.

Market Pulse Summary

This announcement closes a previously disclosed private placement of 8,500,000 Class B shares for gr...

Analysis

This announcement closes a previously disclosed private placement of 8,500,000 Class B shares for gross proceeds of about $38.7 million, earmarked for working capital, product development, and robotic hardware inventory. It follows substantial prior equity raises detailed in the latest 10-K and sits alongside an effective S-3ASR shelf with up to $1,000,000,000 of Class B capacity. Investors may track future equity usage and deployment of proceeds as key metrics.

Key Terms

private placement, at-the-market, section 4(a)(2), regulation d, +2 more

6 terms

private placement financial

"announced today the closing of its previously announced private placement for the purchase"

A private placement is a way for companies to raise money by selling securities directly to a small group of investors instead of through a public offering. This process is often quicker and less regulated, making it similar to offering a special, exclusive investment opportunity to select individuals or institutions. For investors, it can provide access to unique investment options that are not available on public markets.

at-the-market financial

"common stock priced at the market under Nasdaq rules."

"At-the-market" is a method for companies to sell new shares of stock directly into the open market over time, rather than all at once. It allows companies to raise money gradually, similar to selling slices of a pie instead of the entire pie at once, which can help manage the sale's impact on the stock price. This approach gives investors a steady supply of shares while providing companies with flexible funding options.

section 4(a)(2) regulatory

"offered in a private placement under Section 4(a)(2) of the Securities Act of 1933"

Section 4(a)(2) is a part of U.S. securities laws that allows companies to sell their stock directly to certain investors without registering the sale with regulators. This process is often used for private placements, making it easier and faster for companies to raise money from knowledgeable or institutional investors. It matters to investors because it provides an alternative way to buy shares, often with fewer disclosures and lower costs.

regulation d regulatory

"and/or Regulation D promulgated thereunder and have not been registered"

Regulation D is a set of rules that govern how companies can raise money from investors without going through the full process required for public stock offerings. It provides simplified options for private placements, making it easier for companies to seek investments from a smaller group of investors. For investors, it offers opportunities to invest in private companies, often with fewer restrictions, but also with different levels of risk and disclosure.

registration rights agreement regulatory

"Pursuant to a registration rights agreement with the investor, the Company has agreed"

A registration rights agreement is a contract that gives investors the option to have their ownership stakes officially registered with the government, making it easier to sell their shares later. This agreement matters because it provides investors with a clearer path to cash out their investments if they choose, offering more liquidity and confidence in their ability to sell their holdings when desired.

resale registration statement regulatory

"agreed to file a resale registration statement covering the shares described above."

A resale registration statement is a document filed with regulators that allows existing shareholders to sell their shares to the public. It provides the necessary legal approval and information for these shares to be resold on the market, helping to increase the availability of shares for trading. For investors, it signals that shares held by current owners can be offered for sale, potentially affecting share prices and market liquidity.

AI-generated analysis. Not financial advice.

LAS VEGAS, Jan. 29, 2026 (GLOBE NEWSWIRE) -- Richtech Robotics Inc. (Nasdaq: RR), (“Richtech Robotics” or the “Company”), a Nevada-based provider of AI-driven service robots, announced today the closing of its previously announced private placement for the purchase and sale of 8,500,000 shares of the Company’s Class B common stock priced at the market under Nasdaq rules.

Rodman & Renshaw LLC acted as the exclusive placement agent for the offering.

The gross proceeds from the offering were approximately $38.7 million, prior to deducting placement agent’s fees and other offering expenses payable by the Company. The Company intends to use the net proceeds from the offering for working capital, general corporate purposes, including the further development of our product candidates, and the procurement of inventory, specifically for robotic hardware.

The shares described above were offered in a private placement under Section 4(a)(2) of the Securities Act of 1933, as amended (the “Securities Act”), and/or Regulation D promulgated thereunder and have not been registered under the Securities Act, or applicable state securities laws. Accordingly, the shares issued in the private placement may not be offered or sold in the United States except pursuant to an effective registration statement or an applicable exemption from the registration requirements of the Securities Act and such applicable state securities laws. Pursuant to a registration rights agreement with the investor, the Company has agreed to file a resale registration statement covering the shares described above.
  
This press release shall not constitute an offer to sell or a solicitation of an offer to buy these shares, nor shall there be any sale of these shares in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction.

About Richtech Robotics

Richtech Robotics develops advanced robotic solutions and the data infrastructure that makes its robots more intelligent. Guided by three strategic pillars — Industrial, Commercial, and Data Services — Richtech Robotics aims to deliver dependable automation, consistent service performance, and continuous AI-driven improvement at scale. From factory floors to hospitality venues, our robots work alongside people to enhance efficiency, precision, and quality. Learn more at www.RichtechRobotics.com, and connect with us on X, LinkedIn and YouTube.

Forward Looking Statements

Certain statements in this press release are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may be identified by the use of forward-looking words such as “anticipate,” “believe,” “forecast,” “estimate,” “expect,” and “intend,” among others. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Such forward-looking statements include, but are not limited to, statements regarding the intended use of net proceeds from the private placement.

These forward-looking statements are based on Richtech Robotics’ current expectations and actual results could differ materially. There are a number of factors that could cause actual events to differ materially from those indicated by such forward-looking statements include, among others, our financial performance and projections, our growth in revenue and earnings, and performance of Richtech Robotics’ products, industry and general economic and market conditions. Investors should read the risk factors set forth in Richtech Robotics’ Annual Report on Form 10-K, filed with the SEC on January 20, 2026, and other public filings with the SEC. All of Richtech Robotics’ forward-looking statements are expressly qualified by all such risk factors and other cautionary statements. The information set forth herein speaks only as of the date thereof. New risks and uncertainties arise over time, and it is not possible for Richtech Robotics to predict those events or how they may affect Richtech Robotics. If a change to the events and circumstances reflected in Richtech Robotics’ forward-looking statements occurs, Richtech Robotics’ business, financial condition and operating results may vary materially from those expressed in Richtech Robotics’ forward-looking statements.

Readers are cautioned not to put undue reliance on forward-looking statements, and Richtech Robotics assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events or otherwise.

Contact:

Investors:
CORE IR
investors@richtechrobotics.com

Media:
Timothy Tanksley
Director of Marketing
Richtech Robotics, Inc
press@richtechrobotics.com
702-534-0050

FAQ

What did Richtech Robotics (RR) announce on January 29, 2026 about the private placement?

They closed a private placement of 8,500,000 Class B shares for about $38.7 million gross. According to the company, Rodman & Renshaw was exclusive placement agent and proceeds target working capital, product development, and inventory.

How will Richtech Robotics (RR) use the net proceeds from the $38.7M private placement?

Net proceeds will fund working capital, further product development, and procurement of robotic hardware inventory. According to the company, those uses are the stated priorities for the capital raised from the offering.

Were the shares in Richtech Robotics' (RR) placement registered with the SEC?

No, the shares were issued in a private placement under Section 4(a)(2)/Regulation D and are unregistered. According to the company, a resale registration statement will be filed under a registration rights agreement.

Who acted as placement agent for Richtech Robotics' (RR) January 2026 offering?

Rodman & Renshaw LLC served as the exclusive placement agent for the offering. According to the company, the placement agent facilitated the sale of the 8,500,000 Class B shares at-market under Nasdaq rules.

What shareholder impact should investors expect from Richtech Robotics' (RR) $38.7M private placement?

Investors should expect share dilution from the issuance of 8.5 million new Class B shares. According to the company, the offering provides liquidity for operations and development but increases outstanding share count.