Richtech Robotics expands agreement to manage 20 additional Walmart-located restaurants [Seeking Alpha]
Richtech Robotics Inc. (RR)
Company Research
Source: Seeking Alpha
Under the terms of the LOI, Richtech Robotics agreed to enter into a franchise agreement with Ghost Kitchens America, pursuant to which the company will acquire exclusive rights to operate 20 Walmart-located restaurants in Arizona, Colorado, and Texas. Each location is expected to generate between $700 thousand and $2 million in annual revenue. More on Richtech Robotics Inc. Richtech Robotics: The Serve Robotics Sympathy Play With Superior Financials Richtech Robotics Gains And Loses, But Looks Much Stronger Richtech Robotics prices upsized $21M securities offering Financial information for Richtech Robotics Inc. Recommended For You Comments More Trending News Recommended For You More Trending News
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News
- Richtech Robotics to Showcase Latest Service Robotics Innovations at CES 2025, Featuring AI-Driven Scorpion Robot and New Delivery RobotsGlobeNewswire
- Richtech Robotics to Present at the LD Micro Main Event XVIIGlobeNewswire
- Robot-run restaurants are coming to Walmart [Yahoo! Finance]Yahoo! Finance
- Richtech Robotics to open 20 more automated restaurants in Walmarts [Yahoo! Finance]Yahoo! Finance
- Richtech Robotics Expands Agreement with Ghost Kitchens to Manage 20 Additional Walmart-Located Restaurants, Growing its Restaurant Operations ModelGlobeNewswire
RR
Sec Filings
- 11/7/24 - Form S-8
- 10/31/24 - Form 8-K
- 10/31/24 - Form 4
- RR's page on the SEC website