Mint shares surge 34.61% premarket after delivering FLOKI Minibot M1 prototype, expanding consumer robotics push with Rice Robotics.

Mint (NASDAQ: MIMI) surged 34.61% in premarket trading following the announcement of the first prototype of its AI-powered FLOKI Minibot M1, marking its strategic entry into the Asia Pacific consumer robotics market. The robot, developed in collaboration with Rice Robotics, features personalized AI-driven functionalities and is designed to compete in the rapidly expanding B2C robotics sector. The company plans to produce up to 800 units by Q1 2026 and has increased its proposed joint venture investment with Rice Robotics from HK$10 million to HK$15 million, signaling confidence in scaling production. The prototype was showcased at the British Education Training and Technology Show, and management highlighted its potential to drive top-line growth through applications in education, hospitality, and entertainment. The move aligns with Mint’s broader strategy to capitalize on the “Physical AI” market, leveraging its R&D expertise and partnerships to establish a foothold in the region’s high-growth robotics industry.