
AcquisitionsJul 7, 2026, 09:02 AM
Realbotix (Onconetix Target) Partners with Bloom for UK Pilot
AI Summary
Onconetix, Inc. provided an update on Realbotix LLC, its pending acquisition target. Realbotix announced a partnership with Bloom Procurement Services to launch a pilot program deploying socially assistive humanoid robots in UK care settings to combat loneliness and improve wellbeing among older adults. Realbotix has also been accredited as a supplier on Bloom’s public sector marketplace. The acquisition of Realbotix LLC by Onconetix is an all-stock transaction, anticipated to close in the second half of 2026, subject to shareholder and regulatory approvals.
Key Highlights
- Realbotix to deploy AI robots in UK pilot program for older adults.
- Pilot aims to improve wellbeing and address loneliness in care settings.
- Realbotix accredited as supplier on Bloom’s UK public sector marketplace.
- Onconetix to acquire Realbotix LLC in an all-stock transaction.
- Acquisition expected to close in second half of 2026, pending approvals.
Price Impact
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