aRobotics has filed a notice of an exempt offering of securities to raise $3,875,000.00 in New Funding.
According to filings with the U.S. Securities and Exchange Commission, aRobotics is raising up to $3,875,000.00 in new funding. The federal securities law requires the notice to be filed by companies that have sold securities without registration under the Securities Act of 1933 in an offering made under Rule 504 or 506 of Regulation D or Section 4(a)(5) of the Securities Act. A company must file this notice within 15 days after the first sale of securities in the offering. For this purpose, the date of first sale is the date on which the first investor is irrevocably contractually committed to invest. Each issuer of securities that sells its securities in reliance on an exemption provided in Regulation D or Section 4(a)(5) of the Securities Act of 1933 must file this notice containing the information requested with the U.S. Securities and Exchange Commission (SEC) and with the state(s) requiring it. If more than one issuer has sold its securities in the same transaction, all issuers should be identified in this filing with the SEC.
About aRobotics
aRoboticsCompany designs, manufactures, and operates a range of robotic systems that perform work on the interiors and exteriors of significant structures (skyscrapers, historical buildings, bridges, tunnels). Our machines optimize most required work for such structures, primarily: regulatory inspections, structural analysis, leak tracing, cleaning, and repair. We have immediate, significant, and commercially viable uses for our diverse range of products. The built world around us is highly complex and filled with antiquated inspection and maintenance techniques. To remedy this, we apply a highly adaptable and fully in-house process to deploy optimal, adaptable machines that are economically advantageous to almost every significant structure. We have applied GPR and thermal scanning to the Empire State Building, Pendry Hotel, and One Grand Central Place. We also won the New York City Department of Buildings Innovation Challenge, outperforming approximately 100 well-established engineering firms. Our company won the Propel by MIPIM Stronger Business award. We are a NATO DIANA winner, and supported by the MassChallenge startup accelerator.
To learn more, visit https://arcinc.com/
LinkedIn: https://www.linkedin.com/company/aroboticscompany/
Contact:
Akaash Kancharla, CO-Chief Executive Officer
https://www.linkedin.com/in/akaashkancharla/
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