RR

SBA Trains 200,000th Boots to Business Entrepreneurship Course Graduate

Retrieved on: 
Monday, February 12, 2024
Online, Transition Assistance Program, Boot, Weather, Entrepreneurship, Leg, Reserve, National Guard, Curriculum, TAP, Mississippi State University, Mentorship, RR, Veteran, FY, Housing, SBA, Student

WASHINGTON, Feb. 12, 2024 (GLOBE NEWSWIRE) -- Today, the U.S. Small Business Administration (SBA) announced the 200,000th graduate of the Boots to Business (B2B) program.

Key Points: 
  • WASHINGTON, Feb. 12, 2024 (GLOBE NEWSWIRE) -- Today, the U.S. Small Business Administration (SBA) announced the 200,000th graduate of the Boots to Business (B2B) program.
  • “SBA’s Boots to Business program is about strengthening our aspiring military entrepreneurs, especially now as they are contributing to the record rate of new business applications we’re experiencing under President Biden’s leadership,” said SBA Administrator Isabel Guzman .
  • The 200,000 graduate count grows weekly and includes participants in B2B, B2BR, DOD’s TAP Online Learning Management System, and SBA’s Military Spouse Pathway to Business , an entrepreneurship course for military spouses that launched in July 2023.
  • B2B, B2BR, and Pathway to Business courses are offered through SBA district offices, resource partners, and grant partners.

5WPR Lifestyle Division Returns to Support Miami Fashion Week

Retrieved on: 
Monday, February 5, 2024
Partnership, Affection, RR, PR, Kiki, 5WPR, Lunch, Creativity, Miami Fashion Week, Culture, Miami Dade College, Fashion design

NEW YORK, Feb. 5, 2024 /PRNewswire/ -- 5W Public Relations, one of the largest independently owned PR firms in the U.S., announces today the successful representation of Miami Fashion Week® (MIAFW), marking the agency's third year in supporting the industry-leading event. 

Key Points: 
  • MIAFW, the second largest fashion event in the U.S., is centered around the themes of fashion, art, sustainability, and innovation.
  • "This year marked an exciting evolution for Miami Fashion Week, expanding its horizons to include a dedicated streetwear show, sustainability discussions, and more," said 5WPR Co-CEO Dara A. Busch.
  • "Combining the worlds of fashion, art, and culture, Miami Fashion Week 2024 pushed the industry's boundaries and laid the foundation for a new era of design, innovation, and expression."
  • "I was thrilled to once again join forces with 5WPR for Miami Fashion Week," said Lourdes Fernandez-Velasco, Executive Director of Miami Fashion Week.

Richtech Robotics Signs Letter of Intent with Ghost Kitchens International Inc. to Revolutionize Dining Experience

Retrieved on: 
Thursday, January 25, 2024
Drink, Natural language processing, ADAM, Food, POS, AI, LOI, Consumer Electronics Show, Ghost, IPO, Electronics, RR, Robotics, Automation, Restaurant

LAS VEGAS, Jan. 25, 2024 (GLOBE NEWSWIRE) -- Richtech Robotics Inc. (Nasdaq: RR) (“Richtech Robotics”), a Nevada company and a provider of AI-driven service robots, announces a non-binding Letter of Intent (“LOI”) with Ghost Kitchens International Inc. (“Ghost Kitchens”) to launch 240 ADAM robotic beverage systems at Ghost Kitchens restaurants, some of which are currently located inside Walmart stores.

Key Points: 
  • LAS VEGAS, Jan. 25, 2024 (GLOBE NEWSWIRE) -- Richtech Robotics Inc. (Nasdaq: RR) (“Richtech Robotics”), a Nevada company and a provider of AI-driven service robots, announces a non-binding Letter of Intent (“LOI”) with Ghost Kitchens International Inc. (“Ghost Kitchens”) to launch 240 ADAM robotic beverage systems at Ghost Kitchens restaurants, some of which are currently located inside Walmart stores.
  • Under the LOI, Ghost Kitchens intends to purchase and deploy ADAM inside all current and upcoming Ghost Kitchens to improve operations and engage with customers.
  • We anticipate this union of Richtech Robotics and Ghost Kitchens will improve the customer experience, driving further awareness and success on both sides,” said George Kottas, CEO of Ghost Kitchens International.
  • Ghost Kitchens staff will be fully trained to work the ADAM, with Richtech committed to serving as a standing resource in real-time for any needed support.

Miami Fashion Week® Unveils Dynamic Lineup for January 2024

Retrieved on: 
Monday, January 22, 2024
Fashion week, Fashion, Culture, CFDA, Hip hop music, Karl Kani, Miami Fashion Week, RR, Human, Creativity, Council, Fashion design

MIAMI, Jan. 22, 2024 /PRNewswire/ -- Miami Fashion Week® (MIAFW) announced today its highly anticipated return and programming lineup.

Key Points: 
  • MIAMI, Jan. 22, 2024 /PRNewswire/ -- Miami Fashion Week® (MIAFW) announced today its highly anticipated return and programming lineup.
  • "We are thrilled to bring back Miami Fashion Week with an expanded lineup that showcases creative forces from across the globe," said Lourdes Fernandez-Velasco, Executive Director of Miami Fashion Week.
  • Expanding upon its robust lineup, MIAFW 2024 will pay homage to Karl Kani with a dedicated runway show highlighting his signature designs.
  • "I am thrilled to be part of Miami Fashion Week 2024 and to showcase my brand in Miami for the very first time," said Karl Kani.

Richtech Robotics Unveils Advanced AI Capabilities, Elevating Human-Like Performance for Robot Bartender at CES 2024

Retrieved on: 
Tuesday, January 9, 2024
ADAM, Robotics, AI, Consumer Electronics Show, IPO, RR, CES, Machine learning, Restaurant, Growth, Tourism

Richtech Robotics believes these advancements will revolutionize ADAM's capabilities beyond its role as a robot bartender, barista, or boba tea maker, enabling it to engage in sophisticated conversations with customers and emulate human actions with exceptional accuracy.

Key Points: 
  • Richtech Robotics believes these advancements will revolutionize ADAM's capabilities beyond its role as a robot bartender, barista, or boba tea maker, enabling it to engage in sophisticated conversations with customers and emulate human actions with exceptional accuracy.
  • By analyzing and adapting to human-like motions, ADAM will become more interactive, accurately predicting and catering to customers' needs with improved precision.
  • "This technology not only addresses the current labor challenges but enhances the guest experience, making the robots more engaging and interactive," said Matt Casella, Richtech Robotics’ President.
  • ADAM, an innovative robot leveraging machine learning, AI, and edge computing, specializes in creating customizable drinks, enhancing productivity and experience through engaging 24/7 service.

Richtech Robotics Forges Strategic Partnership with MAC USA, Revolutionizing Service Industry Dynamics

Retrieved on: 
Thursday, December 28, 2023
POS, Partnership, MAC, RR, API, Overalls, ADAM, Automation, Fine chemical

LAS VEGAS, Dec. 28, 2023 (GLOBE NEWSWIRE) -- Richtech Robotics Inc. (Nasdaq: RR) (“Richtech Robotics” or the “Company”), a trailblazer in collaborative robotic solutions for the service industry, announces a strategic alliance with MAC Marketing LLC (“MAC-USA”), a leading Vietnamese point-of-service (POS) provider.

Key Points: 
  • LAS VEGAS, Dec. 28, 2023 (GLOBE NEWSWIRE) -- Richtech Robotics Inc. (Nasdaq: RR) (“Richtech Robotics” or the “Company”), a trailblazer in collaborative robotic solutions for the service industry, announces a strategic alliance with MAC Marketing LLC (“MAC-USA”), a leading Vietnamese point-of-service (POS) provider.
  • As part of this partnership, MAC-USA will integrate Richtech Robotics' state-of-the-art robotic solutions, ADAM and Matradee L, into their POS systems.
  • "Our collaboration with MAC-USA signifies a leap forward in leveraging technology to enhance operational efficiency and customer satisfaction," remarked Matt Casella, Richtech Robotics’ President.
  • This initiative aligns with Richtech Robotics' vision of pioneering a harmonious future where automation enhances interactions, productivity, and overall industry excellence.

Richtech Robotics Announces Closing of Underwriters' Over-Allotment Option in Connection With Its Initial Public Offering

Retrieved on: 
Wednesday, December 27, 2023
Telephone, RR, Sale, Form, Prospectus, Equity capital markets, Security (finance), Exercise

Total proceeds of the Company's initial public offering, including the exercise of the over-allotment option, were $10,712,815.

Key Points: 
  • Total proceeds of the Company's initial public offering, including the exercise of the over-allotment option, were $10,712,815.
  • R. F. Lafferty & Co., Inc. acted as sole book-running manager for the offering.
  • Revere Securities LLC acted as co-underwriter for the offering.
  • A copy of the final prospectus relating to the offering has been filed with the SEC and is available on the SEC’s website at www.sec.gov.

Richtech Robotics Announces Closing of Upsized Initial Public Offering

Retrieved on: 
Tuesday, November 21, 2023
Telephone, RR, Sale, Class, Form, Prospectus, Equity capital markets, Security (finance), Offering

LAS VEGAS, Nov. 21, 2023 (GLOBE NEWSWIRE) -- Richtech Robotics Inc. (Nasdaq: RR) (“Richtech Robotics”), a Nevada company and a provider of AI-driven service robots for the hospitality and healthcare industries, today announced the closing of its upsized initial public offering (the “Offering”) of 2,100,000 shares of Class B common stock at a price to the public of $5.00 per share.

Key Points: 
  • LAS VEGAS, Nov. 21, 2023 (GLOBE NEWSWIRE) -- Richtech Robotics Inc. (Nasdaq: RR) (“Richtech Robotics”), a Nevada company and a provider of AI-driven service robots for the hospitality and healthcare industries, today announced the closing of its upsized initial public offering (the “Offering”) of 2,100,000 shares of Class B common stock at a price to the public of $5.00 per share.
  • The aggregate gross proceeds from the Offering amounted to $10.5 million, prior to deducting underwriting discounts, commissions, and Offering-related expenses.
  • In addition, the Company has granted the underwriters a 45-day option from the closing of the Offering to purchase up to an additional 315,000 shares of Class B common stock at the public offering price, less underwriting discounts.
  • R. F. Lafferty & Co., Inc. is acting as sole book-running manager for the offering.

Richtech Robotics Inc. Announces Pricing of Upsized Initial Public Offering

Retrieved on: 
Friday, November 17, 2023
Sale, Research, Telephone, RR, Marketing, Class, Prospectus, Cass, Equity capital markets, Life insurance, Security (finance)

LAS VEGAS, Nov. 17, 2023 (GLOBE NEWSWIRE) -- Richtech Robotics Inc., (Nasdaq: RR) (“Richtech Robotics” or the “Company”), a Nevada company and a provider of AI-driven service robots for the hospitality and healthcare industries, today announced the pricing of its upsized initial public offering of 2,100,000 shares of its Class B common stock at a price of $5.00 per share.

Key Points: 
  • LAS VEGAS, Nov. 17, 2023 (GLOBE NEWSWIRE) -- Richtech Robotics Inc., (Nasdaq: RR) (“Richtech Robotics” or the “Company”), a Nevada company and a provider of AI-driven service robots for the hospitality and healthcare industries, today announced the pricing of its upsized initial public offering of 2,100,000 shares of its Class B common stock at a price of $5.00 per share.
  • The gross proceeds to Richtech Robotics from the offering, before deducting underwriting discounts and commissions and other offering expenses payable by the Company, are expected to be $10.5 million.
  • In addition, the Company has granted the underwriters a 45-day option from the closing of the Offering to purchase up to an additional 315,000 shares of Class B common stock at the public offering price, less underwriting discounts.
  • The offering is expected to close on November 21, 2023 subject to the satisfaction of customary closing conditions.

KBRA Assigns Preliminary Ratings to Santander Drive Auto Receivables Trust 2023-S1

Retrieved on: 
Tuesday, November 21, 2023
Professional Services, Finance, Sale, FCA US LLC, KBRA, Securitization, R2, Banco Santander, RR, NER Class R1, Certificate, FCA US, Security (finance), Telescopic sight

SDART 2020-4 is collateralized by a pool of subprime auto receivables originated and serviced by Santander Consumer USA (“SC”), which as of October 31, 2023, had an outstanding principal balance of approximately $359.9 million.

Key Points: 
  • SDART 2020-4 is collateralized by a pool of subprime auto receivables originated and serviced by Santander Consumer USA (“SC”), which as of October 31, 2023, had an outstanding principal balance of approximately $359.9 million.
  • SDART 2023-1 will issue three classes of notes: Class R1, Class R2 and Class RR.
  • KBRA has assigned preliminary ratings to Class R1 and Class R2.
  • Class RR, which represents the 5% vertical risk retention share of both the Class R1 and R2 notes, is not rated by KBRA.