Richtech Robotics Expands Stock Option Plan and Increases Authorized Shares

Reuters11-17
<a href="https://laohu8.com/S/RR">Richtech Robotics</a> Expands Stock Option Plan and Increases Authorized Shares

Richtech Robotics Inc. has adopted a Second Amended and Restated 2023 Stock Option Plan, increasing the number of Class B Common Stock shares reserved for grant and issuance. Starting November 1, 2025, and continuing annually through November 1, 2034, the reserved shares will automatically increase each year by up to 18% of the total outstanding Class B Common Stock as of the preceding September 30th, or a smaller amount determined by the board. This plan was approved by the company's board and shareholders representing approximately 68.5% of its voting power.

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