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REALBOTIX CORP - XBOTF STOCK NEWS

Welcome to our dedicated page for REALBOTIX news (Ticker: XBOTF), a resource for investors and traders seeking the latest updates and insights on REALBOTIX stock.

Tokens.com Corp (XBOTF) is a leading company in the development and management of blockchain-based digital assets. They specialize in tokenization, digital asset custody, and decentralized finance solutions. With a strong focus on innovation and technology, Tokens.com Corp has successfully launched several projects that have gained recognition in the industry. Their commitment to security and transparency has positioned them as a trusted partner for individuals and institutions looking to leverage the benefits of blockchain technology.

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Realbotix Corp. (TSX-V: XBOT | OTC: XBOTF), a leading creator of humanoid robots and AI, reported its Q3-2024 financial results. Key highlights include:

- Total assets increased 138% to $23.5 million
- Revenue grew 143% to $313k for Q3 and 40% to $818k for the nine months
- Net income of $3.4 million for nine months, compared to $879k loss last year
- Q3 net loss of $2.6 million, up from $902k loss in Q3-2023
- Completed acquisition of Simulacra
- Received 189 Ethereum from Genesis Global Capital

CEO Andrew Kiguel stated the company's focus is to grow in the AI-enabled humanoid robot market. An investor call is scheduled for August 28, 2024, at 1:00 pm ET to discuss the results.

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Realbotix Corp. (TSX-V: XBOT | OTC: XBOTF), a leading creator of humanoid robotics and relationship-based AI, has announced the release date for its Q3-2024 financial results. The company will disclose its financial performance for the three and nine months ended June 30, 2024, on August 28, 2024.

Following the release, Realbotix will host an investor webinar via Zoom at 1:00 pm ET on the same day. CEO Andrew Kiguel will lead the discussion on the company's Q3 2024 financial results. Interested participants can register for the webinar using the provided Zoom link. The webinar will be accessible via various devices, including computers, tablets, and smartphones. A dial-in option will also be available, but telephone participants will be in listen-only mode and unable to participate in the question period.

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Realbotix Corp. (TSX-V: XBOT | OTC: XBOTF) has received an initial distribution of digital assets from Genesis Global Capital, which is undergoing bankruptcy restructuring. The company received 189 Ethereum (ETH), representing 55% of its ETH held at Genesis. Realbotix now holds 3,045 ETH in custody, with 151 ETH remaining at Genesis. The company expects to receive 30% of its Solana (SOL) holdings in the initial distribution, resulting in approximately 5,400 SOL in custody and 12,601 SOL still at Genesis. Genesis's restructuring plan does not cap recoveries, potentially allowing for up to 100% asset recovery. CEO Andrew Kiguel expressed confidence in receiving the majority of assets by year-end as distributions continue.

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Realbotix Corp. (XBOTF) provides a corporate update, highlighting its strategic position in the humanoid robotics and AI industry. The company is focusing on technological advancements, market expansion, and revenue diversification. Key points include:

1. Enhanced R&D capabilities with new AI/LLM engineers and research specialists.
2. Targeted use cases in media, entertainment, corporate services, healthcare, education, and companionship.
3. Unique features of Realbotix robots, including customizable faces and bodies, realistic human features, and AI agnostic design.
4. Short-term R&D goals (1-6 months) include improving robot movements, expanding voice libraries, and integrating general LLM AI.
5. Long-term R&D goals (6+ months) involve developing standalone AI companions, a general-purpose robotic platform, and specialized AI agents.

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Realbotix Corp. (TSX-V: XBOT, Frankfurt: 76M, OTC: XBOTF), a leader in humanoid robotics and relationship-based AI, announced a strategic minority interest acquisition in Star Walk Partners Star Walk, led by Gary Fuhrman, specializes in investing and assisting middle market-branded consumer product and media companies. As part of the deal, Star Walk will support Realbotix in product marketing and sales, targeting new verticals such as entertainment, healthcare, and education. Realbotix will issue 25 million warrants to Star Walk, exercisable over five years at US$0.15 and US$0.20 per share for different tranches. The transaction has received conditional approval from the TSX Venture Exchange.

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Realbotix Corp. held its 2024 Annual General and Special Meeting of Shareholders on July 9, 2024, and all proposed resolutions were passed. Shareholders strongly approved changing the company's name to Realbotix Corp with 99.1% of votes in favor. Approximately 53% of total outstanding shares were represented in the voting.

The meeting also saw overwhelming support for the election of director nominees, with high approval percentages for all candidates. Notably, Matt McMullen and Sue Ennis were elected as new directors, with both receiving over 99.9% of votes cast.

These results reflect strong shareholder confidence and the strategic direction of Realbotix in the humanoid robotics and AI relationship space. Detailed voting results are available on the company's profile at sedarplus.ca.

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Realbotix, formerly known as Tokens.com, announced the launch of its new corporate website, Realbotix.ai.

This rebranding effort reflects the company's focus on AI and robotic technology, aiming to enhance its brand identity.

The new website offers comprehensive information about their products, recent news, and advancements in AI and robotics.

CEO Andrew Kiguel highlighted that the new site is part of their mission to revolutionize human-robot interaction, providing a better experience for investors.

The rebranding also allows the company to monetize its Tokens.com domain, potentially benefiting from the growing trend of tokenization of real-world assets.

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Realbotix, a leading developer of humanoid robotics and AI, has engaged ICP Securities to provide market making services starting June 7, 2024. The agreement, which is subject to review by the TSX Venture Exchange, involves a monthly fee of C$7,500 plus taxes for an initial term of three months. ICP will use its proprietary algorithm, ICP Premiumâ„¢, to correct temporary imbalances in the supply and demand of Realbotix's shares. There are no performance factors, stock options, or additional compensation involved. ICP is an arm's length party to Realbotix and will bear the costs of buying and selling shares.

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Realbotix, a leader in humanoid robotics and relationship-based AI, has announced a strategic partnership with ROBOTIS INC. This collaboration will position Realbotix as an official developer partner, allowing them to integrate ROBOTIS' advanced robotic components into their products. Specifically, Realbotix will utilize ROBOTIS' DYNAMIXEL actuators and motors to enhance the smoothness and human-like quality of their robots. The partnership grants Realbotix preferred purchaser status and special pricing on key components. Andrew Kiguel, CEO of Realbotix, stated that this collaboration will expand their market reach and product capabilities.

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Realbotix Provides Crypto Treasury Holdings Update

Tokens.com (TSX-V: XBOT, Frankfurt: 76M, OTC: XBOTF), operating as Realbotix, has shared its latest cryptocurrency treasury holdings. As of June 3rd, 2024, the company holds $17.8 million in cryptocurrencies, including Ethereum, Polkadot, Solana, and Blaze. The total value of their cash and crypto holdings is approximately $19 million (CAD $26 million), equating to $0.10 per share (CAD $0.13 per share). 340 Ethereum and 18,001 Solana tokens are held by Genesis Global Trading, currently undergoing restructuring, which may impact the recoverability of these assets. The company also owns 15.3% of StoryFire and several crypto-related domains, with tokens.com up for sale. Realbotix may strategically sell more cryptocurrency depending on market conditions and internal needs.

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FAQ

What is the current stock price of REALBOTIX (XBOTF)?

The current stock price of REALBOTIX (XBOTF) is $0.0844 as of September 6, 2024.

What is the market cap of REALBOTIX (XBOTF)?

The market cap of REALBOTIX (XBOTF) is approximately 17.4M.

What is Tokens.com Corp's core business?

Tokens.com Corp specializes in the development and management of blockchain-based digital assets, including tokenization, digital asset custody, and decentralized finance solutions.

What sets Tokens.com Corp apart from its competitors?

Tokens.com Corp distinguishes itself through its strong focus on innovation, technology, security, and transparency, making it a trusted partner in the industry.

What recent achievements has Tokens.com Corp accomplished?

Tokens.com Corp has successfully launched several projects that have gained recognition in the blockchain industry for their innovative solutions and commitment to excellence.

How does Tokens.com Corp contribute to the advancement of blockchain technology?

Tokens.com Corp plays a crucial role in advancing blockchain technology through its development of digital asset management solutions, tokenization services, and decentralized finance platforms.

What is Tokens.com Corp's approach to security and transparency?

Tokens.com Corp prioritizes security and transparency in all its operations, ensuring that clients and partners can trust the integrity of their digital assets and transactions.

Can individuals and institutions benefit from Tokens.com Corp's services?

Yes, individuals and institutions looking to leverage the benefits of blockchain technology can benefit from Tokens.com Corp's innovative solutions for tokenization, digital asset custody, and decentralized finance.

How does Tokens.com Corp stay ahead of the curve in the blockchain industry?

Tokens.com Corp maintains its competitive edge in the blockchain industry through continuous innovation, research, and development of cutting-edge solutions that meet the evolving needs of the market.

What is Tokens.com Corp's vision for the future of blockchain technology?

Tokens.com Corp envisions a future where blockchain technology plays a central role in transforming the way digital assets are managed, traded, and secured, offering new opportunities for growth and innovation.

How can I stay updated on Tokens.com Corp's latest news and developments?

You can stay informed about Tokens.com Corp's latest news, achievements, and projects by visiting their official website, following their social media channels, and subscribing to their newsletters.

Is Tokens.com Corp open to partnerships and collaborations?

Yes, Tokens.com Corp welcomes partnerships and collaborations with like-minded organizations and individuals who share their commitment to advancing blockchain technology and digital asset management.

REALBOTIX CORP

OTC:XBOTF

XBOTF Rankings

XBOTF Stock Data

17.40M
115.15M
41.72%
1.56%
Computer Hardware
Technology
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United States of America
Toronto