Onconetix Provides Additional Strategic Bridge Financing to Realbotix LLC in Continued Support of Pending Acquisition
Globe Newswire•23/10/2026•08:30 ET
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Key Highlights
- ➤Onconetix advanced an additional $500,000 to Realbotix under the strategic bridge financing facility.
- ➤Total principal outstanding under the Grid Note reached $3,000,000.
- ➤Grid Note permits aggregate loans up to $5,000,000 and is non-interest bearing before closing.
- ➤Share Exchange Agreement would acquire 100% of Realbotix in an all-stock transaction, pending approvals.
- ➤Realbotix develops AI-powered humanoid robots for enterprise and consumer environments.
Additional $500,000 Advance to Support Growth Initiatives and Working Capital of Realbotix LLC
Total Drawn Under Facility Now $3,000,000; Non-Interest Bearing Facility Automatically Cancelled and Discharged in Full Upon Closing of Pending Acquisition
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