GMEX Robotics Corp

Snapshot

GMEX is a distressed micro-cap attempting to pivot from fitness equipment retail to AI robotics. The core business is shrinking: revenue fell 25% to $3.4M in FY 2024 with a low 10% gross margin. While net losses narrowed to $442K, the business still burns cash ($658K in free cash flow) against a tight 9.5-month runway.

What's Happening Right Now

• Mon 6th Jul '26 · Acquisition: GMEX signed a Letter of Intent to acquire an equity interest in a California-based robotics and AI company to build a physical AI connectivity platform.
• Tue 30th Jun '26 · Reverse Split: A 1-for-9 reverse split took effect on July 2, 2026, reducing outstanding Class A shares to roughly 903,000.
• Thu 11th Jun '26 · Product Launch: GMEX launched a tool-free vision sensor mounting system designed to reduce maintenance downtime in industrial robots.
• Tue 9th Jun '26 · Financing: GMEX secured $2 million in private investment at a 20% premium to the market close to fund operations and acquisitions.
• Fri 5th Jun '26 · Capital Structure: GMEX approved a 150-fold increase in authorized share capital, adding billions of new shares to its charter.