The company issued 1.35 million shares at a weighted average price of $25.17 during a series of transactions concluded between June 26 and June 29. Institutional investors provided the capital, pushing the firm’s stock to $35.18 during late morning trading sessions.

Management intends to direct these funds toward follow-on investments and capital deployments. The strategy focuses on bolstering the company’s existing portfolio of private firms specializing in robotics and physical artificial intelligence, signaling a commitment to expanding its influence within the automation sector.