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GMEX Robotics agrees to 11.0M-share conversion

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Form Type
6-K

Rhea-AI Filing Summary

GMEX Robotics Corp agreed with holders of its Class C Preferred Shares to allow conversion of an aggregate of 2,142 Class C Preferred Shares at a conversion price equal to 23% of the closing market price of its Class A ordinary shares on the trading day immediately before conversion, for an aggregate of 10,961,680 Class A shares. As an additional inducement, GMEX agreed to issue the holders an aggregate of 1,500 additional Class C Preferred Shares.

In the October 14, 2026 initial acquisition, GMEX acquired 30% of Alpha Meta AI Pte. Ltd.’s issued and outstanding equity interests on a fully diluted, after-issued basis for US $2.52 million. The purchase price terms provided for 15% payable in cash and 85% in newly issued Class C Preferred Shares. The Class A shares issued upon conversion and the additional Class C Preferred Shares are unregistered securities, with issuance relying on stated Securities Act exemptions.

Acquired equity interest 30% Alpha Meta AI Pte. Ltd. equity, on a fully diluted, after-issued basis
Initial purchase price US $2.52 million Initial acquisition of Alpha Meta AI Pte. Ltd. equity
Purchase price payment terms 15% cash; 85% newly issued Class C Preferred Shares Initial acquisition
Class C Preferred Shares subject to conversion 2,142 shares Aggregate amount under the conversion inducement agreement
Conversion-price formula 23% of closing market price Class A ordinary share closing market price on the trading day immediately before conversion
Class A shares upon conversion 10,961,680 shares Aggregate amount stated in the conversion inducement agreement
Additional Class C Preferred Shares 1,500 shares Aggregate amount GMEX agreed to issue as an additional inducement
Closing VWAP financial
"The initial conversion price was equal to the Closing VWAP"
fully diluted, after-issued basis financial
"30% of Issuer’s issued and outstanding equity interests on a fully diluted, after-issued basis"
Section 4(a)(2) regulatory
"available under Section 4(a)(2) and/or 3(a)(9)"
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.
Section 3(a)(9) regulatory
"available under Section 4(a)(2) and/or 3(a)(9)"
Section 3(a)(9) is a provision of U.S. securities law that exempts certain exchanges of an issuer’s own securities with its existing holders from the usual public registration rules, typically when the swap doesn’t involve a public offering or outside buyers. For investors, it matters because such exchanges can change who holds what, affect dilution and liquidity, and may occur with less public disclosure than a registered sale — think of it like swapping old coupons for new ones behind the scenes rather than selling them in a public marketplace.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many GMEX Class A shares are involved in the conversion agreement?

The agreement allows holders to convert an aggregate of 2,142 Class C Preferred Shares for an aggregate of 10,961,680 Class A shares.

What conversion price did GMEX agree to?

The agreed conversion price equals 23% of the closing market price of GMEX’s Class A ordinary shares on the trading day immediately before conversion.

How many additional Class C Preferred Shares will GMEX issue?

GMEX agreed to issue holders an aggregate of 1,500 additional Class C Preferred Shares as an inducement to convert their existing Class C Preferred Shares.

Are the GMEX shares in the conversion agreement registered?

The Class A shares issued upon conversion and the additional Class C Preferred Shares have not been registered under the Securities Act. They may not be offered or sold in the United States absent registration or an applicable exemption under federal and state securities laws.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16 OF THE

SECURITIES EXCHANGE ACT OF 1934

 

For the month of November 2026

 

Commission File Number 001-41774

 

GMEX Robotics Corporation

(Translation of registrant’s name into English)

 

23-25 Mangrove Lane

Taren Point, NSW 2229

Australia

(Address of principal executive office)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

 

Form 20-F ☒ Form 40-F ☐

 

 

 

 

 

 

INFORMATION CONTAINED IN THIS FORM 6-K REPORT

 

Class C Preferred Share Conversion Inducement Agreement

 

As previously reported, on October 14, 2026, GMEX Robotics Corporation, a British Virgin Islands company (the “Company”), consummated the transactions contemplated by that certain Share Purchase Agreement, dated as of July 28, 2026 and amended by a First Amendment on October 14, 2026 (as amended, the “Share Purchase Agreement”) with Alpha Meta AI Pte. Ltd., a Singapore company (“Issuer”), and MetaGen AI Limited, a British Virgin Islands company and principal shareholder of Issuer (“MetaGen”).

 

Pursuant to the Share Purchase Agreement, Issuer agreed to issue to the Company equity interests representing 30% of Issuer’s issued and outstanding equity interests on a fully diluted, after-issued basis (the “Initial Acquisition”) in exchange for an initial purchase price of US $2.52 million, paid of which 15% was payable in cash and 85% was payable in newly issued Class C preferred shares of the Company (“Class C Preferred Shares”).

 

Each Class C Preferred Share was convertible at the option of the holder into a number of Company Common Shares equal to the stated value of the Class C Preferred Shares divided by the conversion price then in effect. The initial conversion price was equal to the Closing VWAP (as defined in the Share Purchase Agreement).

 

On November 2, 2026, the Company entered into a Preferred Share Conversion Inducement Agreement (the “Inducement Agreement”) with the holders of the Class C Preferred Shares (collectively the “Holders”) whereby the Company agreed to allow the Holders to convert an aggregate of 2,142 Class C Preferred Shares at an agreed conversion price equal to 23% of the closing market price of the Company’s Class A ordinary shares (the “Class A Shares”) on the trading day immediately prior to the date of conversion, for an aggregate of 10,961,680 Class A Shares. As an additional inducement for the Holders to agree to the conversion of the Class C Preferred Shares, the Company agreed to issue to the Holders an aggregate of an additional 1,500 Class C Preferred Shares (the “Additional Class C Shares”).

 

The Company issued and will issue the Class A Shares upon conversion of the Class C Preferred Shares and Additional Class C Preferred Shares pursuant to exemptions from the registration requirements of the Securities Act of 1933, as amended, available under Section 4(a)(2) and/or 3(a)(9). The issuance of neither the Class A Shares upon conversion of the Class C Preferred Shares nor the Additional Class C Preferred Shares have been registered under the Securities Act, and such securities may not be offered or sold in the United States absent registration or an exemption from registration under the Securities Act and any applicable state securities laws.

 

The foregoing description of the Inducement Agreement and the transactions contemplated thereby does not purport to be complete and is qualified in its entirety by reference to the text of such Inducement Agreement, a copy of which is filed as Exhibit 2.1 to this Report of Foreign Private Issuer on Form 6-K, which is incorporated herein by reference. The representations, warranties and covenants contained in such agreement were made solely for purposes of that agreement, as of specified dates and for the benefit of the parties thereto, and may be subject to qualifications and limitations agreed upon by the parties.

 

INCORPORATION BY REFERENCE

 

The information contained in this Report on Form 6-K, including the exhibits hereto, shall be deemed to be incorporated by reference into the Company’s registration statement on Form F-3 (File No. 333-284232) and shall be deemed a part thereof from the date on which this Report on Form 6-K is furnished, to the extent not superseded by subsequently filed or furnished documents or reports.

 

EXHIBIT INDEX

 

Exhibit No.   Description
     
2.1   Form of Preferred Share Conversion Inducement Agreement, dated October 20, 2026, by and among GMEX Robotics Corporation and the holders of Preferred C Shares named therein.

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

Date: November 2, 2026 GMEX ROBOTICS CORPORATION
     
  By: /s/ Yinying Lu
    Yinying Lu
   

Chief Executive Officer and Director

(Principal Executive Officer)

 

 

 

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