Mr. Andrew Kiguel reports
REALBOTIX CLOSES SALE OF DOMAIN NAME PORTFOLIO FOR US$2.245
Realbotix Corp. has closed the previously announced sale of the Tokens.com domain portfolio to Bed Bath & Beyond Inc. for total consideration of $2,245,000 (U.S.).
The transaction represents the monetization of non-core digital assets and does not involve the transfer of any operating businesses, intellectual property or liabilities of the company. The assets carried no value on the company's balance sheet, making the transaction fully additive from a financial perspective.
"Closing this transaction strengthens our balance sheet at an important moment as we continue scaling the Realbotix platform and expanding commercial deployments of our humanoid robots," said Andrew Kiguel, chief executive officer of Realbotix. "This marks an important conclusion to our legacy business as we focus on AI and robotics to improve the human condition through social tasks."
The transaction includes the sale of the Tokens.com domain name together with related domain assets including TokensArt.com, TokensGaming.com, TokensTrade.com and TokensTrading.com.
Under the terms of the agreement, Realbotix received $1.5-million (U.S.) at closing, with additional payments of $372,500 (U.S.) due on or before Aug. 31, 2026, and $372,500 (U.S.) due on or before Jan. 31, 2027.
About Realbotix Corp.
Realbotix is a leading developer of humanoid robots and artificial intelligence systems designed for human interaction across enterprise and consumer environments.
Manufactured in the United States, Realbotix's patented AI and robotics technologies enable lifelike expressions, motion, vision and social engagement, positioning Realbotix as a category leader in the rapidly evolving field of human-centric robotics and embedded-AI solutions.
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