Vicarious Surgical Inc. (RBOT): Nasdaq/NYSE listing notice — Vicarious Surgical receives NYSE non-compliance notice for share price below $1.00

Vicarious Surgical Inc.

Received NYSE notice on Sept 20, 2023 that average closing price of Class A common stock was below $1.00 over 30 trading days.
Has six months to cure; may pursue reverse stock split subject to board and stockholder approval.
Stock continues trading on NYSE under symbol RBOT with added ".BC" designation.
No immediate impact on business operations or SEC reporting requirements.

item 3.01 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.98

Vicarious Surgical Inc. received a nyse deficiency notice notice regarding minimum bid price (rules 802.01C).

Exchange: nyse
Notice: deficiency notice
Deficiency: minimum bid price
Rules: 802.01C

Exact text from the filing

September 20, 2023, Vicarious Surgical Inc. (the “Company”) received notice (the “Notice”) from the New York Stock Exchange (the “NYSE”) that the average per share trading price of its Class A common stock (the “Class A common stock”) was below the NYSE’s continued listing standard rule relating to minimum average share price. Rule 802.01C of the NYSE’s Listed Company Manual requires that a company’s common stock trade at a minimum average closing price of $1.00 over a consecutive 30 trading-day period. Pursuant to Section 802.01C, the Company has a period of six months following the receipt o

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Vicarious Surgical Inc. filing history →

Source: SEC EDGAR

accession 0001213900-23-078833

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