RICHTECH ROBOTICS INC. reported that prior financial statements should not be relied upon.
“On June 9, 2026, the Audit Committee (the “ Audit Committee ”) of the Board of Directors of Richtech Robotics Inc., a Nevada corporation (the “ Company ”), in consultation with the Company’s management, concluded that the Company’s previously issued (i) audited financial statements for the fiscal years ended September 30, 2025 and September 30, 2024 contained in the Company’s Annual Report on Form 10-K, (ii) unaudited interim financial statements for the periods ended December 31, 2024, March 31, 2025, June 30, 2025 and December 31, 2025 included in the Company’s Quarterly Reports on Form 10-Q (collectively, the “ Prior Periods ”), should not be relied upon and require restatement”
M&A Transactions
RICHTECH ROBOTICS INC. completed an acquisition involving PSIF EBS Rainbow LLC for $21,180,000.00 (closed 2026-05-29).
“to Richtech Rainbow Holdings LLC, a Nevada limited liability company (“ Richtech Rainbow Holdings ”) and a wholly-owned subsidiary of the Company. The purchase price of $ 21,180,000.00 was paid with the Company’s cash on hand. On May 29, 2026, the Company, via Richtech Rainbow Holdings, completed the purchase of the Property as contemplated in the Purchase and”
Listing & Compliance Notices
RICHTECH ROBOTICS INC. received a nasdaq deficiency notice notice regarding late filing (rules 5250(c)(1)).
“May 22, 2026, Richtech Robotics Inc., a Nevada corporation (the “ Company ”) received a notice (the “ Notice ”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“ Nasdaq ”), stating that the Company is not in compliance with Nasdaq Listing Rule 5250(c)(1) (the “ Rule ”), because it has not timely filed its Quarterly Report on Form 10-Q for the period ended March 31, 2026 (the “ Form 10-Q ”) with the U.S. Securities and Exchange Commission (the “ SEC ”). The Rule requires listed companies to timely file all required periodic financial reports with the SEC. The Com”
Material Agreements
RICHTECH ROBOTICS INC. entered into Purchase and Sale Agreement with PSIF EBS Rainbow LLC valued at $21,180,000.00 (effective 2026-04-01).
“On April 1, 2026 (the “ Effective Date ”), Richtech Robotics Inc., a Nevada corporation (the “ Company ”), entered into a purchase and sale agreement (the “ Purchase and Sale Agreement ”) with PSIF EBS Rainbow LLC, a Delaware limited liability company (the “ Seller ”), with respect to the purchase of property, as described in more detail in the Purchase and Sale Agreement, including an approximately 79,325 square foot building located at 9530 S. Rainbow Blvd., Las Vegas, Nevada 89139 (the “ Property ”).”
Auditor Changes
RICHTECH ROBOTICS INC. engaged CBIZ CPAs P.C. as its auditor.
“nd ratified by the Committee and the Board, the Company engaged CBIZ CPAs P.C. (“ CBIZ ”) as the Company’s independent public accounting firm to audit the Company’s financial statements for the fiscal year ending September 30, 2026 and to review the”
Auditor Changes
RICHTECH ROBOTICS INC. dismissed Bush & Associates CPA LLC as its auditor.
“On March 17, 2026 (the “ Dismissal Date ”), Richtech Robotics Inc. (the “ Company ”) terminated Bush & Associates CPA LLC (“ Bush & Associates ”) as its independent registered public accounting firm for the Company. The termination was approved by the Audit Committee (the “ Committee ”) of the Board of Directors (the “ Board ”) and the Board of the Company.”
Equity Issuances
RICHTECH ROBOTICS INC. issued 8,500,000 shares of common stock to an institutional investor for $4.55 per Share.
“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.”
Material Agreements
RICHTECH ROBOTICS INC. entered into Purchase Agreement with institutional investor valued at aggregate gross proceeds of $38,675,000 (effective 2026-01-27).
“On January 27, 2026, Richtech Robotics Inc. (the “Company”) entered into a securities purchase agreement (the “Purchase Agreement”) with an institutional investor.”
M&A Transactions
RICHTECH ROBOTICS INC. completed an acquisition involving L & R Investment LLC for $4,100,000.00 (closed 2025-05-15).
“purchase of a parcel of land of approximately 20,000 square feet located at 2975 Lincoln Road, Las Vegas, Nevada 89115 (the “Property”) on April 8, 2025. The purchase price of $4,100,000.00 was paid with the Company’s cash on hand. On May 15, 2025, the Company completed the purchase of the Property as contemplated in the Purchase and Sale Agreement and relocated”
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.
“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”
Debt Financings
RICHTECH ROBOTICS INC. incurred loan of $1,000,000 with YA II PN, Ltd. at 8% per annum maturing February 15, 2025.
“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.”
Material Agreements
RICHTECH ROBOTICS INC. amended Standby Equity Purchase Agreement with YA II PN, Ltd. valued at Amended terms of each Note: (i) optional redemption with 10% premium on principal; (ii) Conversion P (effective 2024-03-14).
“On March 14, 2024, the Company and the Investor entered into a letter agreement (the “ Letter Agreement ”) to amend the terms of each Note as follows: (i) the Company may redeem early a portion or all amounts (including principal and accrued and unpaid interest) outstanding under the Note (“ Optional Redemption ”) with at least 10 trading days’ prior written notice by the Company to the Investor. The outstanding principal balance being redeemed by the Company shall be subject to a 10% cash redemption premium. After receipt of the Redemption Notice, the Investor shall have 10 trading days to elect to convert all or any portion of the Note; and (ii) the Conversion Price (as defined in the Note), which is subject to a reset on May 28, 2024, shall in no event be lower than $1.50 per Common Share.”
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).
“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.”
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).
“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.”
Governance Changes
RICHTECH ROBOTICS INC.: Amended and Restated By-laws became effective November 16, 2023 (effective 2023-11-16).
“The terms of the Second Amended and Restated Articles of Incorporation and Amended and Restated By-laws, as effective beginning on November 16, 2023, are set forth in the final prospectus for the Offering as filed with the Commission on November 20, 2023.”
Governance Changes
RICHTECH ROBOTICS INC.: Filed Second Amended and Restated Articles of Incorporation with Nevada Secretary of State, effective November 16, 2023 (effective 2023-11-16).
“On November 17, 2023, Company filed its Second Amended and Restated Articles of Incorporation with the Nevada Secretary of State. The terms of the Second Amended and Restated Articles of Incorporation and Amended and Restated By-laws, as effective beginning on November 16, 2023, are set forth in the final prospectus for the Offering as filed with the Commission on November 20, 2023.”
Material Agreements
RICHTECH ROBOTICS INC. entered into Underwriting Agreement with R.F. Lafferty & Co., Inc. valued at $10.5 million (effective 2023-11-16).
“On November 16, 2023, Richtech Robotics Inc. (the " Company ") entered into an underwriting agreement (the " Underwriting Agreement ") with R.F. Lafferty & Co., Inc., acting as representative of the underwriters (the " Representative ").”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.