Richtech Robotics Raises $40M Through Class B Shares

Nauticus Robotics, Inc. (NASDAQ: KITT)

Stockholders approve key proposals at special meeting

At a special meeting on Jan. 28, 2026, Nauticus Robotics shareholders approved issuance of common stock under an Equity Purchase Facility and upon conversion of Series C Convertible Preferred Stock, and authorized the board to enact one or more reverse stock splits at a ratio between 1‑for‑5 and 1‑for‑250. A proposal to increase authorized shares to 1.5  billion failed to reach the required threshold. The approvals help stabilize liquidity and provide capital structure flexibility.

Serve Robotics Inc. (NASDAQ: SERV)

Serve completes acquisition of Diligent Robotics

Serve Robotics closed its previously announced acquisition of Diligent Robotics on Jan. 27, 2026. The deal includes $29 million in stock consideration (with a potential $5.3 million earn‑out) and approximately $19 million in cash used to satisfy Diligent’s debt. Diligent Robotics becomes a wholly owned subsidiary, expanding Serve’s autonomy platform into indoor and healthcare robotics applications.

Richtech Robotics Inc. (NASDAQ: RR)

Private placement closes with $38.7 M equity raise

Richtech Robotics completed its previously announced private placement under Nasdaq rules, issuing approximately 8.5 million Class B shares and raising gross proceeds of about $38.7 million to support working capital, corporate purposes, robotic hardware procurement, and product development initiatives