secwatch.observer — SEC 8-K summary
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Issuer:     Vicarious Surgical Inc. (RBOT)
CIK:        0001812173
Form:       8-K
Filed at:   2024-06-10T23:59:59+00:00
Accession:  0001213900-24-051236
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Vicarious Surgical announces 1-for-30 reverse stock split to comply with NYSE minimum share price
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- Reverse split ratio set at 1-for-30, approved by shareholders at June 10, 2024 annual meeting.
- Effective 4:15 p.m. on June 12, 2024; shares to trade on NYSE post-split under RBOT starting June 13.
- Class A shares reduced from ~156.8M to ~5.23M; Class B from ~19.6M to ~654k. No fractional shares.
- Warrants adjusted: exercise price goes from $11.50 to $345.00 per share; shares issuable reduced proportionally.
- Purpose: to increase per-share price and regain compliance with NYSE minimum share price listing requirement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1812173/000121390024051236/0001213900-24-051236-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1812173/000121390024051236/ea0207560-8k_vicarious.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-051236

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