Mentioned:
There’s a new closed-end investment fund on the Nasdaq. And they are coming after the opportunity in humanoid robots.
What’s happening:
- RoboStrategy (NASDAQ: BOT) has officially begun trading on the Nasdaq
Why it matters:
- RoboStrategy is one of the first ever closed-end investment funds to list on a major stock exchange in the United States that is solely focused on robotics and embodied artificial intelligence companies
Going deeper:
- Figure AI and Dyna are two of the largest holdings of RoboStrategy upon launching and represent approximately 50% of their total net asset value
- RoboStrategy also owns equity positions in Apptronik, Dexmate, Path Robotics and other private humanoid robot startups
The fine print:
- RoboStrategy currently only owns equity in private companies and has not yet deployed any capital into publicly traded companies
