SC 13G: RICHTECH ROBOTICS INC.
Ticker: RR · Form: SC 13G · Filed: Sep 6, 2024 · CIK: 1963685
| Field | Detail |
|---|---|
| Company | Richtech Robotics Inc. (RR) |
| Form Type | SC 13G |
| Filed Date | Sep 6, 2024 |
| Risk Level | low |
| Pages | 6 |
| Reading Time | 7 min |
| Key Dollar Amounts | $0.0001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: sc-13g
AI Summary
SC 13G filing by RICHTECH ROBOTICS INC..
Risk Assessment
Risk Level: low
FAQ
What type of filing is this?
This is a SC 13G filing submitted by Richtech Robotics Inc. (ticker: RR) to the SEC on Sep 6, 2024.
What is the risk level of this SC 13G filing?
This filing has been assessed as low risk.
What are the key financial figures in this filing?
Key dollar amounts include: $0.0001 (ssuer) Class B common stock, par value $0.0001 per share (Title of Class of Securitie).
How long is this filing?
Richtech Robotics Inc.'s SC 13G filing is 6 pages with approximately 1,821 words. Estimated reading time is 7 minutes.
Where can I view the full SC 13G filing?
The complete filing is available on SEC EDGAR. You can also read the AI-decoded analysis with risk assessment and key highlights on ReadTheFiling.
Filing Stats: 1,821 words · 7 min read · ~6 pages · Grade level 9.4 · Accepted 2024-09-06 19:43:19
Key Financial Figures
- $0.0001 — ssuer) Class B common stock, par value $0.0001 per share (Title of Class of Securitie
Filing Documents
- ea0213856-13gintra_richtech.htm (SC 13G) — 59KB
- ea021385601ex99-1_richtech.htm (EX-99.1) — 4KB
- 0001213900-24-076655.txt ( ) — 64KB
If this statement is filed pursuant
Item 3. If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a: Not applicable.
Ownership
Item 4. Ownership. (a) and (b): (i) Immediately following the execution of the Securities Purchase Agreement with the Issuer on August 29, 2024 (the “ SPA ”) (as disclosed in the Form 8-K filed by the Issuer with the Securities and Exchange Commission on September 5, 2024), each of the Reporting Persons may have been deemed to have beneficial ownership of 4,117,986 shares of Common Stock, which consisted of (i) 4,100,000 shares of Common Stoc to be issued to Intracoastal at the closing of the transaction contemplated by the SPA and (ii) 117,986 shares of Common Stock issuable upon exercise of a warrant to be issued to Intracoastal at the closing of the transaction contemplated by the SPA (“ Intracoastal Warrant 1 ”), and all such shares of Common Stock in the aggregate represent beneficial ownership of approximately 9.99% of the Common Stock, based on (1) 37,103,097 shares of Common Stock outstanding as of August 12, 2024 as reported by the Issuer, plus (2) 4,100,000 shares of Common Stoc to be issued to Intracoastal at the closing of the transaction contemplated by the SPA and (3) 117,986 shares of Common Stock issuable upon exercise of Intracoastal Warrant 1. The foregoing excludes (I) 395,422 shares of Common Stock issuable upon exercise of Intracoastal Warrant 1 because Intracoastal Warrant 1 contains a blocker provision under which the holder thereof does not have the right to exercise Intracoastal Warrant 1 to the extent (but only to the extent) that such exercise would result in beneficial ownership by the holder thereof, together with the holder’s affiliates, and any other persons acting as a group together with the holder or any of the holder’s affiliates, of more than 9.99% of the Common Stock and (II) 4,613,408 shares of Common Stock issuable upon exercise of a second warrant to be issued to Intracoastal at the closing of the transaction contemplated by the SPA (“ Intracoastal Warrant 2 ”) because Intraco
Ownership of Five Percent or Less of a Class
Item 5. Ownership of Five Percent or Less of a Class If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than 5 percent of the class of securities, check the following .
Ownership of More than Five Percent on Behalf of Another Person
Item 6. Ownership of More than Five Percent on Behalf of Another Person. Not applicable. Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company Not applicable.
Identification and Classification of Members of the Group
Item 8. Identification and Classification of Members of the Group Not applicable.
Notice of Dissolution of Group
Item 9. Notice of Dissolution of Group Not applicable.
Certification
Item 10. Certification By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under §240.14a-11. Page 6 of 7 SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Date: September 6, 2024 /s/ Mitchell P. Kopin Mitchell P. Kopin /s/ Daniel B. Asher Daniel B. Asher Intracoastal Capital LLC By: /s/ Mitchell P. Kopin Mitchell P. Kopin, Manager Page 7 of 7