Recent Updates — MIMI
Mint Inc Ltd announced that its majority-owned joint venture, Rice Robotics AGI Holding Limited, signed a non-binding Memorandum of Understanding with Edvance Innovation Limited to distribute education robotics in the Middle East and North Africa. The partnership appoints Edvance as the exclusive distributor for Morocco and a non-exclusive partner elsewhere in the region. The MOU outlines a commercial goal of deploying 3,000 educational robotics units over 36 months, with an initial purchase order for 50 units targeted by November 30, 2026. This strategic entry leverages Edvance's local curriculum expertise to expand Mint's AI-powered robotics footprint beyond Asia. The filing is non-binding and subject to definitive agreements. Mint Inc Ltd operates in the artificial intelligence, robotics, and interior design sectors.
Mint Incorporation Limited closed a registered direct offering on August 28, 2026, raising approximately $2.5 million in gross proceeds. The company issued 1,400,000 Class A ordinary shares at $1.00 per share and pre-funded warrants for an additional 1,100,000 shares at $0.999 each. Maxim Group LLC served as the exclusive placement agent, receiving a 7.0% fee plus reimbursement of up to $50,000 in expenses. The net proceeds are intended for working capital and general corporate purposes. Mint operates in the artificial intelligence, robotics, and interior design industries.
On August 24, 2026, Mint Inc. increased its authorized share capital from 28 million to 280 million shares via a unanimous board resolution. The new authorization comprises 252 million Class A ordinary shares and 28 million Class B ordinary shares, reflecting a tenfold expansion of the company's equity capacity. This amendment was incorporated into the Third Amended and Restated Memorandum and Articles of Association to support ongoing capital raising efforts under its Form F-3 registration statement. Mint Inc. operates in the financial technology sector, providing digital banking and payment solutions.