Richtech Robotics (NASDAQ: RR) closes $38,675,000 private share placement

Rhea-AI Filing Summary

Richtech Robotics Inc. entered into a securities purchase agreement with an institutional investor for a private placement of 8,500,000 Class B common shares at $4.55 per share, generating gross proceeds of $38,675,000 and net proceeds of approximately $36.2 million.

The company agreed to file a resale registration statement for these shares by February 16, 2026, and to have it declared effective within 45 or 75 days after January 27, 2026, depending on SEC review. If these deadlines are missed, the company must pay liquidated damages to the investor.

For 45 days after the registration statement becomes effective, Richtech and its subsidiaries are restricted from issuing additional common stock or equivalents, subject to exceptions, and for 15 months they are prohibited from variable rate equity transactions. The company plans to use the cash for working capital, general corporate purposes, further product development, and robotic hardware inventory.

Insights

Equity capital markets analyst

Richtech raises $38.7M gross via a restrictive private equity deal.

Richtech Robotics completed a private placement of 8,500,000 Class B shares at $4.55 per share, delivering gross proceeds of $38,675,000 and net proceeds of approximately $36.2 million. This adds meaningful cash earmarked for working capital, product development, and robotic hardware inventory.

The investor received registration rights requiring a resale registration filing by February 16, 2026 and effectiveness within 45 or 75 days after January 27, 2026. Liquidated damages apply if the company misses these timing commitments, creating a contractual obligation around execution.

Richtech agreed to 45-day restrictions on new equity issuance after registration effectiveness and a 15-month ban on variable rate equity deals. These terms limit near-term financing flexibility but may reduce overhang from more dilutive structures. Rodman & Renshaw receives a 6.0% cash fee on the gross proceeds plus up to $100,000 in expenses.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of report (Date of earliest event reported): January 27, 2026

Richtech Robotics Inc.

(Exact Name of Registrant as Specified in Charter)

Nevada		001-41866		88-2870106
(State or Other Jurisdiction of Incorporation)		(Commission File Number)		(I.R.S. Employer Identification No.)

2975 Lincoln Rd

Las Vegas, NV 89115

(Address of Principal Executive Offices and Zip Code)

(866) 236-3835

Registrant’s Telephone Number, Including Area Code

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐	Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
Class B Common Stock, par value $0.0001 per share		RR		The Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).

Emerging growth company ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 1.01 Entry Into a Material Definitive Agreement.

On January 27, 2026, Richtech Robotics Inc. (the “Company”) entered into a securities purchase agreement (the “Purchase Agreement”) with an institutional investor. Pursuant to the Purchase Agreement, the Company agreed to issue and sell to the investor, and the investor agreed to purchase from the Company, in a private placement (the “Private Placement”), 8,500,000 shares (the “Shares”) of the Company’s Class B common stock, par value $0.0001 per share (the “Common Stock”), at a purchase price of $4.55 per Share, for aggregate gross proceeds of $38,675,000, prior to deducting placement agent’s fees and other offering expenses payable by the Company. The Private Placement closed on January 29, 2026.

Pursuant to the Purchase Agreement, for a period commencing upon the signing of the Purchase Agreement, until 45 days after the effective date of the Registration Statement (as defined below), neither the Company nor any of its subsidiaries shall (i) issue, enter into any agreement to issue or announce the issuance or proposed issuance of any Common Stock or common stock equivalents, or (ii) file any registration statement or any amendment or supplement thereto. The restrictions are subject to certain exceptions as described in the Purchase Agreement. Further, for a period of 15 months following the effective date of the Registration Statement (as defined below), the Company is also prohibited from effecting or entering into an agreement to effect any issuance by the Company or any of its subsidiaries of Common Stock or Common Stock Equivalents (as defined in the Purchase Agreement) (or a combination of units thereof) involving a Variable Rate Transaction, as defined in the Purchase Agreement. The Purchase Agreement also contains customary representations and warranties and agreements and obligations, conditions to closing and termination provisions.

In connection with the Purchase Agreement, on January 27, 2026, the Company also entered into a registration rights agreement (the “Registration Rights Agreement”) with the investor. Pursuant to the Registration Rights Agreement, the Company will be required to file a resale registration statement (the “Registration Statement”) with the Securities and Exchange Commission (the “SEC”) to register the Shares for resale. The Company agreed to file the Registration Statement by February 16, 2026, and to have such Registration Statement declared effective within 45 days after January 27, 2026, or 75 days after January 27, 2026, in the event of a “full review” by the SEC. The Company will be obligated to pay liquidated damages to the investors if the Company fails to file the Registration Statement when required or fails to cause the Registration Statement to be declared effective by the SEC when required.

The Shares were not registered under the Securities Act of 1933, as amended (the “Securities Act”) or any state securities laws, and were offered pursuant to an exemption from the registration requirements of the Securities Act provided under Section 4(a)(2) of the Securities Act and/or Rule 506 of Regulation D promulgated under the Securities Act.

The net proceeds to the Company from the Private Placement were approximately $36.2 million, after deducting placement agent fees and estimated offering expenses payable by the Company. The Company intends to use the net proceeds for working capital, general corporate purposes, including the further development of our product candidates, and the procurement of inventory, specifically for robotic hardware.

Rodman & Renshaw LLC (“Rodman”) acted as the Company’s exclusive placement agent in connection with the Private Placement. Pursuant to an engagement letter by and between the Company and Rodman, the Company paid Rodman an aggregate cash fee equal to 6.0% of the gross proceeds of the Private Placement and agreed to reimburse the Rodman for all reasonable out-of-pocket and non-accountable expenses of up to $100,000 in aggregate.

The foregoing descriptions of the Purchase Agreement and Registration Rights Agreement do not purport to be complete and are subject to, and qualified in their entirety by reference to the full text of such documents which are attached as exhibits to this Form 8-K, and are incorporated herein by reference.

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Item 3.02 Unregistered Sales of Equity Securities.

The information provided in response to Item 1.01 of this report is incorporated by reference into this Item 3.02.

Item 8.01 Other Events

On January 28, 2026, the Company issued a press release to announce the pricing of the Private Placement described above in Item 1.01. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

On January 29, 2026, the Company issued a press release to announce the closing of the Private Placement described above in Item 1.01. A copy of the press release is attached hereto as Exhibit 99.2 and is incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

Exhibit No.		Description
10.1		Form of Securities Purchase Agreement
10.2		Form of Registration Rights Agreement
99.1		Press Release from Richtech Robotics Inc., dated as of January 28, 2026.
99.2		Press Release from Richtech Robotics Inc., dated as of January 29, 2026.
104		Cover Page Interactive Data File (embedded within the inline XBRL document).

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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 hereunto duly authorized.

	RICHTECH ROBOTICS INC.
Date: January 30, 2026	By:	/s/ Zhenwu (Wayne) Huang
	Name:	Zhenwu (Wayne) Huang
	Title:	Chief Executive Officer

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FAQ

What equity transaction did Richtech Robotics (RR) announce in this 8-K?

Richtech Robotics entered a securities purchase agreement for a private placement of 8,500,000 Class B common shares at $4.55 per share. This transaction generated gross proceeds of $38,675,000 from an institutional investor, providing fresh capital directly to the company.

How much cash will Richtech Robotics (RR) receive from the private placement?

The company expects net proceeds of approximately $36.2 million from the private placement, after deducting placement agent fees and offering expenses. This capital is designated for working capital, general corporate purposes, further development of product candidates, and procurement of robotic hardware inventory.

What are the key registration rights tied to Richtech Robotics’ (RR) new shares?

Richtech Robotics agreed to file a resale registration statement covering the new shares by February 16, 2026. The registration must be declared effective within 45 days after January 27, 2026, or 75 days if subject to a full SEC review, or liquidated damages become payable.

What issuance restrictions did Richtech Robotics (RR) accept in this deal?

From signing until 45 days after the resale registration becomes effective, Richtech and its subsidiaries cannot issue or agree to issue most common stock or equivalents, or file new registration statements. For 15 months after effectiveness, they are also barred from variable rate equity transactions, subject to specified exceptions.

How is the placement agent compensated in the Richtech Robotics (RR) private placement?

Rodman & Renshaw LLC acted as exclusive placement agent and earns a cash fee equal to 6.0% of the $38,675,000 gross proceeds. Richtech Robotics also agreed to reimburse Rodman for reasonable out-of-pocket and non-accountable expenses up to $100,000 in aggregate.

Under what securities law exemptions were Richtech Robotics (RR) shares sold?

The 8,500,000 Class B common shares were not registered under the Securities Act. They were issued in a private placement relying on exemptions under Section 4(a)(2) of the Securities Act and/or Rule 506 of Regulation D, allowing sale to an institutional investor without prior registration.