Realbotix Finalizes C$7 Million Brokered Life Offering
Private Placement Announcement: Realbotix Corp. has successfully closed a brokered private placement of 14 million units at C$0.50 each, raising a total of C$7 million, with plans to use the funds for advancing AI-powered humanoid robots and general corporate purposes.
Details of the Offering: Each unit consists of one common share and one warrant, allowing the purchase of additional shares at C$0.75 until October 24, 2030. The offering was conducted under specific Canadian securities regulations and is not available for sale in the United States.
Company's Growth Strategy: CEO Andrew Kiguel expressed confidence that the new capital will enable Realbotix to accelerate growth in its products and services, enhancing its financial position for future investments.
Forward-Looking Statements: The announcement includes forward-looking statements regarding the use of proceeds and future expectations, which are subject to risks and uncertainties that may affect actual outcomes.
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