tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Realbotix Announces C$5 Million Private Placement to Boost AI Robotics

Story Highlights
Realbotix Announces C$5 Million Private Placement to Boost AI Robotics

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Tokens.com Corp ( (TSE:XBOT) ) just unveiled an announcement.

Realbotix Corp. has announced a brokered private placement to raise up to C$5,000,000 through the issuance of 10,000,000 units at C$0.50 per unit. The proceeds will be used to advance the engineering, design, and commercialization of its AI-powered humanoid robots, as well as for general corporate purposes. This move is expected to strengthen Realbotix’s market position in the rapidly evolving field of human-centric robotics, potentially impacting stakeholders by enhancing the company’s operational capabilities and market reach.

The most recent analyst rating on (TSE:XBOT) stock is a Buy with a C$0.70 price target. To see the full list of analyst forecasts on Tokens.com Corp stock, see the TSE:XBOT Stock Forecast page.

More about Tokens.com Corp

Realbotix designs and manufactures AI-powered intelligent humanoid robots for entertainment, customer service, and companionship. Their patented AI and robotics technologies enable lifelike expressions, motion, vision, and social engagement, positioning them as a leader in human-centric robotics.

Average Trading Volume: 338,873

Technical Sentiment Signal: Buy

Current Market Cap: C$122M

See more insights into XBOT stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1