Realbotix Provides Update on Nasdaq Listing

• Realbotix Corp. provided an update on its reverse takeover transaction with Onconetix, Inc. (NASDAQ: ONCO).
• The transaction aims to list Realbotix LLC (commercial robotics/AI subsidiary) on the Nasdaq Capital Market by October 2026.
• Parent Company will retain a 75–90% ownership stake in the resulting Nasdaq-listed entity upon closing.
• No new shares will be issued by the Parent Company, and no share consolidation is required for existing shareholders.
• Realbotix will appoint four out of five directors to the ONCO board at closing.
• The strategic rationale includes unlocking value in commercial robotics, separating it from direct-to-consumer business, and accessing non-dilutive financing via Nasdaq.

• Status Update: This news is a follow-up to the February 12, 2026 announcement of the reverse takeover agreement; therefore, it does not contain genuinely new strategic information but confirms progress on an existing deal.
• Valuation Impact: Listing on Nasdaq Capital Market typically improves liquidity and access to institutional investors compared to TSX Venture, which is a positive structural change for valuation multiples over time.
• Dilution Concerns: The confirmation that no new shares will be issued by the Parent Company mitigates immediate dilution risk for existing shareholders, preserving their 75–90% interest in the listed entity.
• Operational Context: This update must be weighed against Q1 2026 financial results released March 9, which showed a 57% year-over-year revenue decline ($353k vs $815k), indicating operational headwinds despite the capital market progress.
• Risk Mitigation: The deal structure allows Realbotix to maintain control while accessing US capital markets, but execution risk remains regarding regulatory approvals (TSX Venture and ONCO shareholders).

• Company: Realbotix Corp., a TSX Venture listed entity focused on AI-powered humanoid robotics.
• Flagship Project: Realbotix LLC, a subsidiary specializing in autonomous humanoid robots for healthcare, education, hospitality, and entertainment sectors.
• Technology: Proprietary AI vision system "Vinci" enabling eye contact maintenance, user recognition, and emotional signal capture; embedded on-device AI models running without cloud reliance.
• Commercialization: Recent deployments include Ericsson (workforce training/visitor engagement) and The FUTR Corporation (AI agents in physical world).
• Facilities: Relocating robotics operations to a new Las Vegas corridor facility by late June 2026 to support scaled production.