---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-035034"
form_type: "8-K"
ticker: "RR"
cik: "0001963685"
company_name: "RICHTECH ROBOTICS INC."
filed_at: "2024-04-23T23:59:59+00:00"
generated_at: "2026-06-03T12:32:46.695205+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Richtech Robotics issues $1M convertible note to YA II PN at 8% interest, maturity Feb 2025

## Summary
- Principal $1M, purchase price $960k (4% original issue discount).
- Interest 8% per annum; maturity Feb 15, 2025.
- Monthly installments start May 15, 2024; payable in cash or via SEPA advances.
- Conversion price $6.00/share, resets to 5-day VWAP (floor $1.50) on May 28, 2024.
- Optional redemption at 10% premium with 10 trading days' notice.

## SEC filing metadata
- accession: 0001213900-24-035034
- form_type: 8-K
- ticker: RR
- cik: 0001963685
- company_name: RICHTECH ROBOTICS INC.
- filed_at: 2024-04-23T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1963685/000121390024035034/0001213900-24-035034-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1963685/000121390024035034/ea0204391-8k_richtech.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-035034
- JSON: https://secwatch.observer/filing/0001213900-24-035034.json
- Plain text: https://secwatch.observer/filing/0001213900-24-035034.txt

## Key facts
- Debt Financings
  RICHTECH ROBOTICS INC. incurred convertible notes of $1,000,000 with YA II PN, Ltd. at 8% per annum maturing February 15, 2025.
  - Instrument: convertible notes
  - Principal: $1,000,000
  - Counterparty: YA II PN, Ltd.
  - Rate: 8% per annum
  - Maturity: February 15, 2025
  - Event: incurrence
  source text: On April 15, 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. (the “ Investor ”) pursuant to the Standby Equity Purchase Agreement between the Company and the Investor, dated February 15, 2024, as amended by a letter agreement on March 14, 2024
  evidence_url: https://www.sec.gov/Archives/edgar/data/1963685/000121390024035034/0001213900-24-035034-index.htm

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