Richtech Robotics Increases Authorized Class B Shares and Expands Stock Option Plan

Reuters10-21

<a href="https://laohu8.com/S/RR">Richtech Robotics</a> Increases Authorized Class B Shares and Expands Stock Option Plan

Richtech Robotics Inc. has announced that its board of directors and a majority of its shareholders have approved key corporate actions. The company will amend its articles of incorporation to increase the number of authorized shares of Class B Common Stock from 200 million to 1 billion. In addition, the company has approved changes to its 2023 Stock Option Plan, allowing for an automatic annual increase in the number of shares reserved for grant and issuance under the plan. The number of shares will rise each year through November 1, 2034, by an amount equal to the lesser of 18% of the total outstanding Class B Common Stock as of the previous September 30 or a specified cap. The full filing can be accessed through the link below.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Richtech Robotics Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-25-100288), on October 20, 2025, and is solely responsible for the information contained therein.

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