other material
confidence high
sentiment neutral
materiality 0.75
Vicarious Surgical prices $45M public offering of 45M shares at $1.00 per share
Vicarious Surgical Inc.
- Offering of 45,000,000 shares at $1.00/share; gross proceeds ~$45M; net ~$42M.
- Underwriters granted 30-day option to purchase up to additional 6,750,000 shares.
- Net proceeds to fund ongoing operations, development of Vicarious Surgical System, and general corporate purposes.
- Closing expected August 7, 2023; Morgan Stanley and Cowen act as joint book-runners.