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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) has announced a normal course issuer bid (NCIB) program to repurchase up to 9,797,779 of its common shares, representing approximately 5% of outstanding shares. The NCIB, approved by the TSX Venture Exchange, will run from November 1, 2024, to October 31, 2025. Realbotix has appointed Kernaghan & Partners to administer the program.

The company believes this move may represent an appropriate use of funds, as the market price may not always reflect Realbotix's inherent value. Purchases will be made through various means, including open market transactions and private agreements. An automatic purchase plan will allow for share repurchases during blackout periods.

As of October 15, 2024, Realbotix has 195,955,592 shares issued and outstanding, with a public float of 114,508,277. Daily purchases will be to 57,685 shares, subject to block purchase exceptions.

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Realbotix Corp. (TSXV: XBOT) CEO Andrew Kiguel recently participated in the 'View from the C-Suite' video interview series hosted by TMX Group. This series showcases perspectives from executives of companies listed on the Toronto Stock Exchange and TSX Venture Exchange.

The interview, available on YouTube, offers insights into how Kiguel and Realbotix are navigating the current business environment. Viewers can access the full interview through the provided link or visit the TSX website for more 'View From The C-Suite' content.

This initiative by TMX Group aims to provide investors and the public with direct access to executive thoughts and strategies, offering a unique glimpse into the leadership of publicly traded companies.

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Realbotix Corp. (TSX-V: XBOT, OTC: XBOTF) has appointed Aria, its AI-enabled humanoid robot, as an advisor to its board of directors. This groundbreaking move is believed to be the first time an AI robot has been utilized in such a role. Aria will contribute strategic views on operational decisions, leveraging AI-driven insights for market trends, product development, and customer engagement.

Realbotix's proprietary AI uses a large language model that combines various open-source LLM engines, allowing for unbiased processing of information. The company plans to market its AI as a standalone product in 2025, targeting individuals seeking companionship and social interaction. Realbotix's upgraded AI is currently available for integration into its robots and will be showcased at the CES conference in January.

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Realbotix Corp. (XBOTF) CEO Andrew Kiguel has increased his stake in the company by purchasing 100,000 additional common shares on September 18, 2024. This brings his total ownership to 16,065,000 shares. Kiguel expressed confidence in the company's direction, citing its position in the robotics and AI sectors and its attractive valuation.

Realbotix, a leading creator of humanoid robots and companionship-based AI, has sold hundreds of robotic busts, establishing itself as a key player in introducing robots to US households. The CEO highlighted the company's potential to shape the future of AI-powered companionship and life-like robots.

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Realbotix Corp. (TSX-V: XBOT | OTC: XBOTF) has received a US$743,500 payment from Genesis Global Capital's restructuring process, representing 30% of its Solana (SOL) tokens held at Genesis. This recovery reflects a 26.5% premium over the current SOL market price. Additionally, a $138,190 debt owed by Realbotix to Genesis was fully repaid. The company also received 189 Ethereum (ETH) in August 2024. These recovered assets will be added to Realbotix's balance sheet, having been previously written off. Realbotix expects further payments as the restructuring continues. Genesis still holds 97 ETH and 10,691 SOL belonging to Realbotix. The company's treasury includes 3,052 ETH, 87,209 DOT, and 1,111 million Blaze tokens in self-custody.

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Realbotix Corp. (TSX-V: XBOT | OTC: XBOTF) is set to unveil its next-generation ultra-realistic humanoid robot at CES 2025 on January 7th in Las Vegas. The company, known for creating humanoid robots and companionship-based AI, will also showcase its flagship robot 'Aria' with upgraded AI and language capabilities. CEO Andrew Kiguel expressed excitement about this milestone in blending advanced AI with lifelike design. CES, one of the world's largest technology expos, attracts over 170,000 attendees annually. Realbotix invites CES visitors to experience their innovations firsthand and engage in live demonstrations at their booth.

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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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FAQ

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

The current stock price of REALBOTIX (XBOTF) is $0.1312 as of December 20, 2024.

What is the market cap of REALBOTIX (XBOTF)?

The market cap of REALBOTIX (XBOTF) is approximately 22.4M.

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

22.36M
112.91M
41.86%
0.01%
Computer Hardware
Technology
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United States of America
Toronto