Core Viewpoint - Richtech Robotics Inc. is facing a securities fraud class action lawsuit due to allegations of misleading statements regarding its relationship with Microsoft and the accuracy of its business disclosures [4][7]. Group 1: Lawsuit Details - The lawsuit is on behalf of investors who purchased Richtech securities between January 27, 2026, and January 29, 2026, alleging that Richtech falsely claimed a collaborative relationship with Microsoft [4]. - The lawsuit claims that Richtech's statements about its business operations and prospects were materially false and misleading [4]. - Investors who suffered losses have until April 3, 2026, to request lead plaintiff appointment, which allows them to oversee the litigation [2]. Group 2: Stock Price Movements - On January 27, 2026, Richtech's share price increased by $1.70, or approximately 44.6%, following the announcement of a "hands-on collaboration" with Microsoft [5]. - Following the announcement of a private placement of $38.7 million Class B shares on January 28, 2026, Richtech's share price declined by $0.43, or approximately 7.8% [6]. - On January 29, 2026, a report from Hunterbrook Media alleged that Richtech mischaracterized its relationship with Microsoft, leading to a further decline in share price by $1.06, or approximately 20.9% [7].

Core Viewpoint - A lawsuit has been filed against Richtech Robotics Inc. for allegedly making false statements regarding its collaboration with Microsoft and for missing its 10-K filing deadline, leading to a significant drop in share price [1][2][3]. Group 1: Lawsuit Details - The lawsuit claims that Richtech Robotics misrepresented its relationship with Microsoft, stating it had a collaborative partnership when it did not [2]. - Hunterbrook Media reported that Microsoft clarified that Richtech Robotics was merely a customer and that their engagement had no commercial element [2]. - The lawsuit also highlights that Richtech Robotics missed its extended 10-K filing deadline, raising questions about potential undisclosed deficiencies from NASDAQ [2]. Group 2: Market Impact - Following the allegations from Hunterbrook Media, shares of Richtech Robotics fell over 20% in intraday trading on January 29, 2026, resulting in significant losses for investors [3].

Core Viewpoint - Richtech Robotics Inc. faced a significant decline in share price, dropping over 20% in intraday trading on January 29, 2026, following allegations of misrepresentation regarding its collaboration with Microsoft and missing its 10-K extended filing deadline [1][4]. Group 1: Allegations and Investigations - Hunterbrook Media published a report accusing Richtech Robotics of mischaracterizing its collaboration with Microsoft and failing to meet its 10-K filing deadline, which had already been extended by fifteen days in December 2025 [2][3]. - Gibbs Mura is investigating a potential securities class action lawsuit against Richtech Robotics, focusing on whether the company violated federal securities laws by providing false or misleading statements to investors [1][2]. Group 2: Details of the Collaboration and Filing Issues - On January 27, 2026, Richtech Robotics announced a "hands-on collaboration" with Microsoft through Microsoft's AI Co-Innovation Labs, aimed at developing agentic AI in robotic systems. However, Hunterbrook Media claims that Microsoft denied any partnership, stating that Richtech Robotics is merely a customer involved in a standard customer engagement without commercial elements [3]. - Richtech Robotics filed an NT 10-K notification of late filing in December 2025, which extended its 10-K filing deadline to January 13, 2026. The company ultimately filed the 10-K seven days after this extended deadline, on January 20, 2026. This delay raises questions about whether Richtech Robotics received a deficiency notice from NASDAQ and failed to disclose it publicly as required [3].