---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-025202"
form_type: "8-K"
ticker: "RR"
cik: "0001963685"
company_name: "RICHTECH ROBOTICS INC."
filed_at: "2024-03-22T23:59:59+00:00"
generated_at: "2026-06-04T09:20:28.816458+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Richtech Robotics issues $1M convertible promissory note to YA II PN at 4% OID

## Summary
- Net proceeds $960K after 4% original issue discount; maturity Feb 15, 2025.
- Annual interest rate 8%; monthly payments of 1/9 principal plus interest due starting May 15, 2024.
- Conversion price initially $6.00/share; resets May 28, 2024 to 5-day VWAP with $1.50 floor.
- Company may redeem early with 10% cash premium; holder has 10 trading days to convert after notice.

## SEC filing metadata
- accession: 0001213900-24-025202
- form_type: 8-K
- ticker: RR
- cik: 0001963685
- company_name: RICHTECH ROBOTICS INC.
- filed_at: 2024-03-22T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1963685/000121390024025202/0001213900-24-025202-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1963685/000121390024025202/ea0202408-8k_richtech.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-025202
- JSON: https://secwatch.observer/filing/0001213900-24-025202.json
- Plain text: https://secwatch.observer/filing/0001213900-24-025202.txt

## Key facts
- Debt Financings
  RICHTECH ROBOTICS INC. incurred loan of $1,000,000 with YA II PN, Ltd. at 8% per annum maturing February 15, 2025.
  - Instrument: loan
  - Principal: $1,000,000
  - Counterparty: YA II PN, Ltd.
  - Rate: 8% per annum
  - Maturity: February 15, 2025
  - Event: incurrence
  source text: On March 18, 2024, Richtech Robotics Inc., a Nevada corporation (the “ Company ”) issued a promissory note in the principal amount of $1,000,000 (the “ Note ”) to YA II PN, Ltd.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1963685/000121390024025202/0001213900-24-025202-index.htm

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