VenHub Global, which is developing fully autonomous and robotic-operated stores, filed on Friday to register its shares with the SEC and complete a direct listing on the Nasdaq. The shares of common stock listed will be sold by existing shareholders; VenHub will not raise new capital in its listing. The company did not disclose a reference price or anticipated timing of its listing.
The Registered Stockholders plan to sell up to 15.5 million shares. In June 2025, VenHub sold units privately at a price of $8.64 per unit, consisting of two shares and one cashless warrant, exercisable at $4.32.
VenHub is developing fully autonomous and robotic-operated stores that utilizes advanced technologies such as AI and smart inventory management systems. The company states that it is currently in the development stage, having developed three stores to date. One of these stores has been deployed directly by VenHub, and the company began recording revenue in 2025.
The Pasadena, CA-based company was founded in 2023 and booked $1 million in revenue for the 12 months ended June 30, 2025. It plans to list on the Nasdaq under the symbol VNHB. As a direct listing without a firm commitment offering, there are no underwriters on the deal; instead, Revere Securities will serve as a financial advisor.
