RoboStrategy, Inc. (BOT), a closed-end management investment company built to fund robotic companies, Wednesday announced that it has named its co-founder Andrew Kang as its Chief Executive Officer.
Andrew co-founded RoboStrategy in 2025 and is also the founding partner of Mechanism Capital, his family office which is focused on investing in frontier technologies. Further, RoboStrategy was listed on the Nasdaq on Monday, May 11 and has recently received a committed equity facility of up to $2 billion from Roth Principal Investments, LLC, an affiliate of Roth Capital Partners.
On Tuesday, BOT shares closed at $24.21, down 14.63% on the Nasdaq.
For comments and feedback contact: editorial@rttnews.com
Business News
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.