Zhenwu Huang - Nov 13, 2023 Form 3 Insider Report for RICHTECH ROBOTICS INC. (RR)

Role
Chief Executive Officer, Director, 10%+ Owner
Signature
/s/ Zhenwu Huang
Stock symbol
RR
Transactions as of
Nov 13, 2023
Transactions value $
$0
Form type
3
Date filed
11/13/2023, 09:14 PM

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding RR Class A Common Stock Nov 13, 2023 Class B Common Stock 30.3M Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares of Class A Common Stock are convertible into share of Class B Common Stock at any time at the option of the holder on a one-for-one basis, and have no expiration date. Each share of Class B Common Stock is entitled to the same rights applicable to each share of Class A Common Stock, except each share of Class B Common Stock is entitled to one (1) vote whereas each share of Class A Common Stock is entitled to ten (10) votes on all matters submitted to a vote of stockholders of the Issuer
F2 The Reporting Person is the Chief Executive Officer and Director of the Issuer, and following the completion of the Issuer's initial public offering, the Reporting Person beneficially owns 30,308,000 shares of Class A common stock, representing approximately 65.41% of the total voting power of the issued and outstanding shares of common stock immediately after the consummation of the Issuer's initial public offering, assuming the underwriters do not exercise their over-allotment option to purchase additional shares of Class B common stock.
F3 The Reporting Person has agreed not to sell, transfer or dispose of any of the common stock of the Issuer held by the Reporting Person for a period of 180 days from the effectiveness of the registration statement for its initial public offering, subject to certain exceptions.