Core Viewpoint - VenHub Global, Inc. has entered into a securities purchase agreement to sell 7,700,000 shares of common stock and warrants, raising approximately $18.9 million for growth and operational purposes [1][2][3]. Group 1: Securities Offering - The company will sell 7,700,000 shares of common stock and warrants at a price of $2.45 per share, with gross proceeds expected to be around $18.9 million before fees [1]. - The warrants will have an exercise price of $2.45 per share, are immediately exercisable, and will expire five years from the issuance date [1]. Group 2: Use of Proceeds - Proceeds from the offering are expected to be used primarily for growth, working capital, and general corporate purposes [2]. Group 3: Company Strategy and Market Focus - The company aims to address the multi-trillion-dollar global retail market, including convenience stores and traditional retail formats, through its Smart Store technology [3]. - The CEO emphasized that this funding is crucial for meeting the growing demand for Smart Store deployments and unlocking further growth opportunities [3]. Group 4: Company Overview - VenHub designs and builds autonomous Smart Stores that operate 24/7 without on-site staff, utilizing robotic automation and mobile-based checkout [6].