Humanoid Robotics and Embodied AI
Search documents
Humanoid Global Announces Closing of Special Warrant Financing
Globenewswire· 2025-10-24 23:00
Core Viewpoint - Humanoid Global Holdings Corp. has successfully completed a non-brokered private placement of special warrants, raising gross proceeds of $2 million through the issuance of 2.5 million special warrants at a price of $0.80 each [1][6]. Group 1: Offering Details - Each special warrant will automatically convert into one common share and one transferable common share purchase warrant, with the warrant allowing the holder to acquire one share at a price of $1.20 for 24 months [2][5]. - The conversion of special warrants will occur either three business days after the filing of a prospectus supplement or four months and one day after the closing of the offering [3][4]. - The company has the discretion to file a prospectus supplement but is not obligated to do so, which may affect the timing of the conversion [4][6]. Group 2: Financial Information - The company paid finder's fees totaling $133,000 in cash and issued 166,250 common share purchase warrants in connection with the offering [5]. - The net proceeds from the offering will be utilized for general working capital purposes [6]. - In addition to the offering, the company has realized gross proceeds of $74,425 from the sale of certain investments and $229,710 from the exercise of previously issued warrants [7]. Group 3: Company Overview - Humanoid Global is focused on building a portfolio of pioneering companies in the humanoid robotics and embodied AI sector, providing capital and strategic consultation to accelerate their growth [9]. - The company aims to serve as a global investment platform, facilitating access to an actively managed portfolio that spans the value chain of the emerging ecosystem [9]. - The management team has a proven track record in scaling transformative technologies globally, emphasizing a long-term, partnership-oriented approach [9]. Group 4: Legal Matters - The company has received a demand letter from its former CEO, which is currently under review, but no legal proceedings have been initiated [8]. - Management believes the allegations are without merit and remains confident in the company's strategic direction and growth initiatives [8].
Humanoid Global Announces $2.0 Million Special Warrant Financing
Globenewswire· 2025-10-14 11:30
Core Viewpoint - Humanoid Global Holdings Corp. is initiating a non-brokered private placement of up to 2,500,000 special warrants at a price of $0.80 each, aiming for gross proceeds of up to $2,000,000 to support its portfolio in humanoid robotics and embodied AI [2][5]. Group 1: Offering Details - The special warrants will convert into units consisting of one common share and one transferable common share purchase warrant, with the warrant allowing the purchase of a share at $1.20 for 24 months [3][6]. - The conversion of special warrants will occur automatically under specific conditions, including the filing of a prospectus supplement or after a four-month hold period [4][5]. - The offering is subject to customary conditions, including regulatory approvals, and may close in multiple tranches without a minimum subscription amount [8]. Group 2: Use of Proceeds and Strategic Intent - The net proceeds from the offering will be utilized for general working capital purposes, enhancing the company's ability to support its partner companies in scaling and innovating [8]. - The CEO emphasized that this capital infusion will accelerate the company's portfolio and provide strategic support to capture market leadership in the humanoid robotics and AI sector [5]. Group 3: Insider Participation and Regulatory Compliance - Insiders of the company may participate in the offering, which will be considered a related party transaction, relying on exemptions from formal valuation and minority shareholder approval requirements [9]. - The special warrants will be issued under exemptions from prospectus requirements, including those for accredited investors and minimum investment thresholds [7].
Humanoid Global Announces Closing of Strategic Investment in Agility Robotics
Globenewswire· 2025-09-17 11:30
Core Insights - Humanoid Global Holdings Corp. has successfully closed its indirect strategic investment in Agility Robotics, marking its entry into a leading company in the humanoid robotics sector [1][2] - This investment aligns with Humanoid Global's commitment to supporting innovative technologies and enhances its portfolio by providing exposure to the commercialization of humanoid robotics, particularly in logistics applications [2][4] Company Overview - Humanoid Global Holdings Corp. is a publicly traded investment issuer focused on building a portfolio of pioneering companies in humanoid robotics and embodied AI [4] - The company aims to provide liquidity and access to an actively managed portfolio that spans the value chain of the humanoid robotics ecosystem, including advanced software, hardware, and enabling technologies [4] Strategic Investment Details - The investment in Agility Robotics is facilitated through a single-asset special purpose vehicle, emphasizing a strategic approach to investment [1] - Agility Robotics is recognized as a pioneer in the humanoid robotics industry, being one of the first to deploy a commercial fleet, which positions it well to address global labor shortages [4] Industry Context - The participation of NVIDIA in Agility Robotics' Series C funding round highlights the growing relationship between the two companies and the importance of simulation and AI technologies in advancing humanoid robotics [3] - The investment is seen as a scalable solution to a significant market challenge, with the potential to capture meaningful market share in the humanoid robotics sector [4]