ONCO Stock Jumps As Realbotix AI Robotics Deal Draws SRX Money
Onconetix Inc. (NASDAQ: ONCO) stock rose 14.58% on news of its AI robotics deal with Realbotix, backed by SRX Global. The company's stock has been volatile, trading between $0.64 and $1.40 recently. ONCO has small revenue ($0.8M) and steep losses but holds $5.9M in cash. The Realbotix acquisition aims to pivot into AI and defense sectors, with a pilot project underway. ONCO provided $2.5M in bridge financing, with a 12% interest penalty if the deal fails.



