Realbotix Announces Results of 2024 Annual Meeting

Rhea-AI Summary

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.

Positive

• Shareholders approved the name change to Realbotix Corp with 99.1% of votes.
• High voter turnout with 53% of total outstanding shares represented.
• New directors Matt McMullen and Sue Ennis elected with over 99.9% of votes.

Negative

• None.

TORONTO--(BUSINESS WIRE)-- Realbotix Corp. (TSX-V: XBOT | Frankfurt Stock Exchange: 76M | OTC: XBOTF) (d/b/a “Realbotix” or the “Company”), a leading creator of humanoid robotics and relationship-based AI, is pleased to announce that all resolutions considered by the shareholders of Realbotix Corp. at the Annual General and Special Meeting of Shareholders (the “Meeting”) held virtually by teleconference on July 9, 2024 were passed. This includes overwhelming shareholder approval to change the name of the corporation to Realbotix Corp, with approval from 99.1% of votes cast from shareholders representing approximately 53% of total outstanding shares.

Voting as to each of the director nominees were as follows:

Director	For		%		Withheld		%
Andrew D’Souza	88,147,411		96.57	%	3,132,121		3.43	%
Andrew Kiguel	91,195,510		99.91	%	84,022		0.09	%
Emma Todd	88,146,531		96.57	%	3,133,001		3.43	%
Frederick T. Pye	88,112,071		96.53	%	3,167,461		3.47	%
Jimmy Viaopoulos	88,127,410		96.55	%	3,152,122		3.45	%
Lorne Sugarman	87,610,850		95.98	%	3,668,682		4.02	%
Matthew McMullen	91,197,415		99.91	%	82,117		0.09	%
Sue Ennis	91,187,531		99.90	%	92,001		0.10	%

“We are pleased to share that we have received approval from over 99% of votes cast by shareholders to change our name to Realbotix,” said Andrew Kiguel, CEO of Realbotix. “Furthermore, Matt McMullen and Sue Ennis have been elected as new Directors on the board. We are excited to welcome them and look forward to their contributions.”

The report of voting results is filed under the Realbotix Corp’s profile at www.sedarplus.ca for detailed results of all matters voted upon by shareholders at the Meeting.

About Realbotix

Realbotix creates custom, human-like robots with AI integration. With manufacturing facilities in Nevada, Realbotix operates in a niche part of the massive robotics and AI sectors not occupied by many other companies.

Our robots have human-like appearance and movements. Our proprietary AI is developed specifically for human companionship. Our strength is the integration of companionship-AI and robotics to improve the human condition through connection, learning and play.

Realbotix also owns 15.3% of StoryFire Inc. as well as an inventory of cryptocurrencies and several crypto-related domain names.

Visit Realbotix.AI to learn more.

Keep up-to-date on Realbotix.AI developments and join our online communities on Twitter, LinkedIn, and YouTube.

Forward-Looking Statements

This news release includes certain forward-looking statements as well as management’s objectives, strategies, beliefs and intentions. Forward looking statements are frequently identified by such words as “may”, “will”, “plan”, “expect”, “anticipate”, “estimate”, “intend” and similar words referring to future events and results. Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of cryptocurrencies, as described in more detail in our securities filings available at www.sedarplus.ca. Actual events or results may differ materially from those projected in the forward-looking statements and we caution against placing undue reliance thereon. We assume no obligation to revise or update these forward-looking statements except as required by applicable law.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240709984217/en/

Realbotix Corp.

Andrew Kiguel, CEO

Email: contact@realbotix.ai

Jennifer Karkula, Head of Communications

Email: contact@realbotix.ai

Telephone: 647-578-7490

Source: Realbotix Corp.

FAQ

What significant decisions were made at Realbotix's 2024 Annual General Meeting?

Shareholders approved the name change to Realbotix Corp and elected new directors Matt McMullen and Sue Ennis.

When was Realbotix's 2024 Annual General Meeting held?

The meeting was held on July 9, 2024.

What was the shareholder approval rate for the name change to Realbotix Corp?

The name change was approved by 99.1% of votes cast.

How many outstanding shares were represented in the voting at Realbotix's 2024 Annual General Meeting?

Approximately 53% of total outstanding shares were represented.

Who are the new directors elected at Realbotix's 2024 Annual General Meeting?

Matt McMullen and Sue Ennis were elected as new directors.