GMEX Robotics Corp
Sector: Sporting & Athletic Goods, NECIndustry: Consumer ElectronicsCountry: AUExchange: Nasdaq
DilutionScan read 39 of GMEX Robotics Corp's SEC filings and found 3 warrant series, 7 convertibles, 1 ATM program, 1 shelf registration, 1 S-1 registration and 4 completed offerings on file for GMEX. The latest dilution event on file is ATM sales on Nov 2, 2026. Analysis updated Nov 2, 2026.
Signal8 Summary
GMEX
Three reverse splits in 2026
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
- : 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.
- : A 1-for-9 reverse split took effect on July 2, 2026, reducing outstanding Class A shares to roughly 903,000.
- : GMEX launched a tool-free vision sensor mounting system designed to reduce maintenance downtime in industrial robots.
- : GMEX secured $2 million in private investment at a 20% premium to the market close to fund operations and acquisitions.
- : GMEX approved a 150-fold increase in authorized share capital, adding billions of new shares to its charter.