Richtech Robotics flags prior financial statements as unreliable, plans restatement filing

Richtech Robotics Inc. Class B

Richtech Robotics Inc. Class B

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  • Richtech Robotics’ audit committee on June 9, 2026, flagged accounting errors that will force a restatement of previously issued financial statements and render prior audit reports non-reliable.
  • The issues center on warrant liabilities, accounting tied to a Standby Equity Purchase Agreement, and restricted stock awards.
  • The errors were identified during work by new auditor CBIZ CPAs as it reviewed results for the quarter ended March 31, 2026.
  • The company plans to file an amended Form 10-K/A with restated annual results and an amended Form 10-Q/A for the quarter ended Dec. 31, 2025.
  • It expects additional material weaknesses in internal controls and said a previously disclosed weakness was not remediated.


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