---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-023048"
form_type: "8-K/A"
ticker: "RR"
cik: "0001963685"
company_name: "RICHTECH ROBOTICS INC."
filed_at: "2024-03-15T23:59:59+00:00"
generated_at: "2026-06-04T18:10:54.400067+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Richtech Robotics enters up to $50M standby equity purchase agreement with YA II PN, Ltd.

## Summary
- Purchase Agreement: YA II PN will buy up to $50M of Class B common stock over 24 months at 96% of 3-day VWAP.
- First Pre-Advance of $1M received Feb 15, 2024 at 4% discount; 8% annual interest; convertible at $6/share, subject to downward reset on May 28, 2024.
- Revere Securities will receive $25K/month for 6 months plus 7% finder's fee on Pre-Advances and 4% on Advances.
- Issued 259,350 commitment shares as fee; structuring fee of $25K paid to investor subsidiary.
- Investor cannot exceed 4.99% beneficial ownership per advance; Exchange Cap of 19.99% applies unless stockholder approval obtained.

## SEC filing metadata
- accession: 0001213900-24-023048
- form_type: 8-K/A
- ticker: RR
- cik: 0001963685
- company_name: RICHTECH ROBOTICS INC.
- filed_at: 2024-03-15T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 3.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1963685/000121390024023048/0001213900-24-023048-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1963685/000121390024023048/ea0201878-8ka1_richtech.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-023048
- JSON: https://secwatch.observer/filing/0001213900-24-023048.json
- Plain text: https://secwatch.observer/filing/0001213900-24-023048.txt

## Key facts
- Material Agreements
  RICHTECH ROBOTICS INC. entered into Standby Equity Purchase Agreement with YA II PN, Ltd. valued at up to $50 million (effective 2024-02-15).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: YA II PN, Ltd.
  - Value: up to $50 million
  - Effective: 2024-02-15
  source text: On February 15, 2024, Richtech Robotics Inc., a Nevada corporation (the “ Company ”) , entered into a Standby Equity Purchase Agreement (the “ Purchase Agreement ”) with YA II PN, Ltd. (the “ Investor ”), pursuant to which the Investor has agreed to purchase up to $50 million of the Company’s shares of Class B common stock, par value of $0.0001 per share (the “ Common Stock ”) over the course of 24 months after the date of the Purchase Agreement.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1963685/000121390024023048/0001213900-24-023048-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.