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NEWS -- Realbotix Announces Strategic Partnership with Star Walk Partners
Realbotix Announces Strategic Partnership with Star Walk Partners
Realbotix Corp. (TSX-V: XBOT | Frankfurt Stock Exchange: 76M | OTC: XBOTF) (“Realbotix” or the “Company”), a leading creator of humanoid robotics and relationship-based AI, has acquired a strategic minority interest in Star Walk Partners LLC.
Star Walk is led by Gary Fuhrman, who has a long and distinguished track record of investing and providing assistance to middle market-branded consumer product and media companies. Gary is also the Chairman and CEO of GF Capital. Current and past investments of GF Capital include Tommy Hilfiger, Warner Music Group, Oscar de la Renta, Blue Man Group, 300 Entertainment, GF Sports, Jonathan Adler, and Airborne. As part of the acquisition, Star Walk will assist Realbotix with its product marketing and sales efforts, including expansion into new verticals.
“Our partnership with Star Walk is a pivotal step in our journey to revolutionize the field of humanoid robotics and AI,” said Andrew Kiguel, CEO of Realbotix. “We are confident that this collaboration will significantly enhance our operational strengths and accelerate our growth trajectory.”
“Next-generation, customizable robots with human-like appearance and movement integrated with AI is a large potential market spanning a number of key verticals including entertainment, healthcare, education, and other market segments” said Gary Fuhrman. “We are excited to work with Realbotix to help the company unlock its numerous growth opportunities.”
As consideration for the acquisition, Realbotix will issue to Star Walk an aggregate of 25 million warrants (the “Warrants”) to purchase common shares in the capital of the Company (the “Common Shares”), such Warrants exercisable at six (6) month intervals in seven (7) tranches (the “Tranches”) over a period of five (5) years, with an exercise price of: (a) US$0.15 per Common Share with respect to the issuance of the first 7,500,000 Warrants; and (b) US$0.20 per Common Share with respect to the issuance of the balance of the Warrants. Each Tranche of Warrants will be exercisable for a 24-month window from the date of their issue, subject to the exercise prices noted above. The exercise of the Warrants may result in Star Walk becoming an insider of the Company.
The Company will own a minority, non-controlling membership interest in Star Walk and has obtained conditional approval from the TSX Venture Exchange in connection with the transaction. Star Walk is an arm’s length party to the Company. No broker, agent or finder’s fee is payable in connection with the transaction.
To learn more about Realbotix, visit https://www.realbotix.ai.
About Realbotix
Realbotix creates customizable, human-like robots with AI integration that improve the human experience through learning, connection and play. Manufactured in Nevada, USA, we have built a reputation for having the highest quality humanoid robots and the most realistic silicone skin technology on the market.
We operate in a niche part of the massive robotics and AI sectors: Our robots provide companionship to humans. We achieve this through patented technologies that deliver human-like appearance and movements, and our proprietary companionship AI. In addition, our patented silicone skin technology has versatile uses within our robotic products and within healthcare markets such as prosthetics. We have thousands of customers across more than a hundred countries.
Visit https://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.
Realbotix Corp.
Andrew Kiguel, CEO
Email: mailto://contact@realbotix.ai
Jennifer Karkula, Head of Communications
Email: mailto://contact@realbotix.ai
Telephone: 647-578-7490
View source version on businesswire.com: https://www.businesswire.com/news/home/20240710543310/en/
NEWS -- Tokens.com to Rebrand as Realbotix
TORONTO, May 22, 2024--(BUSINESS WIRE)--Tokens.com Corp. (TSX-V: COIN | Frankfurt Stock Exchange: 76M | OTC: XBOTF) ("Tokens.com" or the "Company"), a leader in building realistic humanoid robots and companionship-based AI, has registered "Realbotix" as its business name and will propose a legal name change to Realbotix Corp. at its next annual general meeting ("AGM"), currently scheduled to be held on July 9, 2024.
In discussions with major shareholders comprising over 40% of the issued and outstanding shares, the management and board believe there to be widespread support for the rebrand and name change. Final approvals in connection with the name change will be sought at the AGM and in accordance with TSX Venture Exchange’s regulations.
In addition, the Company will change its Canadian ticker symbol on the TSX Venture Exchange to XBOT, effective May 24, 2024, pre-market open. The US ticker symbol on the OTCQB was changed to XBOTF on May 17, 2024. The Company's Frankfurt ticker symbol will remain 76M.
The name change to Realbotix was determined by management to more adequately reflect the Company's principal business operations and consolidate the brand under one banner. The Company will continue to manage its cryptocurrency inventory and expects to sell a portion or all of its cryptocurrency over time depending on the capital needs of the business and the market prices.
In preparation for such changes, the Company will be changing its corporate website to www.Realbotix.Ai. Further announcements regarding a new website launch are forthcoming. The Company will also use the www.Realbotix.com domain as its main customer site for the procurement and ordering of humanoid robots and integrated AI based services. Visitors to Tokens.com will be redirected to the new website once completed. In the meantime, regulatory filings will continue to be filed under Tokens.com Corp. on https://www.sedar.com until a final approval is tabled for a vote at the Company's AGM.
"Tokens.com has evolved through the years. Tokens.com reflects our roots in crypto, but now no longer adequately conveys our principal business operation," said Andrew Kiguel, CEO of Tokens.com. "With recent changes, our new name clearly identifies that we are in the business of creating relationship-based AI and realistic humanoid robots. Subject to approval by the shareholders at the AGM, the name change will also pave the way for the sale of the Tokens.com domain name, which we believe is one of the premier domain names in all of crypto. We are excited to continue to forge ahead in this new pathway and with a new identity which better reflects the Company’s recent evolution."
About Tokens.com
Tokens.com is a technology company focused on building ultra-realistic humanoid robotics and companionship-based AI. Tokens.com owns 100% of Simulacra Corp., 15.3% of StoryFire Inc., an inventory of cryptocurrencies and several crypto related domain names.
Visit https://Tokens.com to learn more.
Keep up-to-date on Tokens.com 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/20240522164903/en/
Contacts
Tokens.com Corp.
Andrew Kiguel, CEO
Email: mailto://contact@tokens.com
Jennifer Karkula, Head of Communications
Email: mailto://contact@tokens.com
Telephone: 647-578-7490
NEWS -- Tokens.com to Change TSX-V Ticker Symbol to XBOT
TORONTO, May 21, 2024--(BUSINESS WIRE)--Tokens.com Corp. (TSX-V: COIN) (Frankfurt Stock Exchange: 76M) (OTCQB US: XBOTF) ("Tokens.com" or the "Company"), a technology company focused on building AI-integrated humanoid robots, will be changing its TSX Venture Exchange ticker symbol to XBOT, effective pre-market open on May 24, 2024.
The Company had previously announced a change to its OTCQB ticker to XBOTF, which became effective May 17, 2024. The Company's Frankfurt Exchange ticker symbol will remain unchanged as 76M.
"We are pleased to be changing our TSX-V ticker to XBOT to match our new OTC ticker, XBOTF. These tickers, along with our upcoming rebrand, will more accurately reflect our main business operations," said Andrew Kiguel, CEO of Tokens.com.
In addition, the Company has registered "Realbotix" as its business name and will propose a legal name change to Realbotix Corp. at its next annual general meeting ("AGM"), currently scheduled for July 9, 2024. In discussions with major shareholders comprising over 40% of the issued and outstanding shares, management and the board believe there is widespread support for the name change. Final approvals in connection with the name change will be sought at the AGM and in accordance with TSX Venture Exchange regulations.
The ticker symbol changes and the corporate name change to Realbotix were determined by management to more adequately reflect the Company's principal business operations and consolidate the brand under one banner.
About Tokens.com
Tokens.com is a technology company focused on building ultra-realistic humanoid robotics and companionship based AI. Tokens.com owns 100% of Simulacra Corp., 15.3% of StoryFire Inc., an inventory of cryptocurrencies and several crypto related domain names.
Visit https://Tokens.com to learn more.
Keep up-to-date on Tokens.com 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/20240521725963/en/
Contacts
Tokens.com Corp.
Andrew Kiguel, CEO
Email: mailto://contact@tokens.com
Jennifer Karkula, Head of Communications
Email: mailto://contact@tokens.com
Telephone: 647-578-7490
NEWS -- Tokens.com to Change OTC Ticker Symbol to XBOTF
TORONTO, May 16, 2024--(BUSINESS WIRE)--Tokens.com Corp. (TSX-V: COIN)(Frankfurt Stock Exchange: 76M) (OTCQB: XBOTF) ("Tokens.com" or the "Company"), a technology company focused on building AI-integrated humanoid robots, will be changing its US ticker symbol on the OTCQB Exchange to XBOTF effective pre-market open on May 17, 2024.
As part of this rebrand, the Company will be changing its Canadian ticker symbol on the TSX Venture Exchange to XBOT, effective May 24, 2024. The Company's Frankfurt ticker symbol will remain 76M.
In addition, the Company has registered "Realbotix" as its business name and will propose a legal name change to Realbotix Corp. at its next annual general meeting ("AGM"), currently scheduled to be held on July 9, 2024. In discussions with major shareholders comprising over 40% of the issued and outstanding shares, the management and board believe there to be widespread support for the name change.
About Tokens.com
Tokens.com is a technology company focused on building ultra-realistic humanoid robotics and companionship based AI. Tokens.com owns 100% of Simulacra Corp., 15.3% of StoryFire Inc., an inventory of cryptocurrencies and several crypto related domain names.
Visit https://Tokens.com to learn more.
Keep up-to-date on Tokens.com 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/20240516865397/en/
Contacts
Tokens.com Corp.
Andrew Kiguel, CEO
Email: mailto://contact@tokens.com
Jennifer Karkula, Head of Communications
Email: mailto://contact@tokens.com
Telephone: 647-578-7490
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