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Nasdaq-listed biotech Onconetix will acquire RealLLC—a Realbotix subsidiary that makes humanoid robots for use in health care, education and hospitality—in an all-stock deal that will see Realbotix maintain majority control of the combined company. Realbotix will continue to own Abyss Creations, which makes sex dolls and adult-oriented AI. (The Logic)
Talking point: Realbotix was born of a 2024 merger of Toronto-based crypto company Tokens.com and Simulacra, a Las Vegas company famous for its realistic sex dolls, which were featured in the 2007 film Lars and the Real Girl. Realbotix has since been focusing on a third business model: humanoid robots that can work booths at conferences, play characters at amusement parks and befriend residents of seniors’ homes. Splitting up the businesses lets prudish investors keep their money out of the X-rated line, if they so choose.
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