other material
confidence high
sentiment neutral
materiality 0.60
Vicarious Surgical shareholders approve 1-for-30 reverse stock split, effective June 12, 2024
Vicarious Surgical Inc.
- Shareholders approved reverse stock split at ratio of 1-for-30 effective June 12, 2024.
- Class A shares reduced from ~156.8M to ~5.2M; Class B from ~19.6M to ~654k.
- Warrants exercisable for ~921,620 shares at $345.00 per share post-split; CUSIP changed.
- 2021 Equity Incentive Plan amended to increase authorized shares by 5M pre-split (166,666 post-split).
- All seven director nominees elected: Adam Sachs, Sammy Khalifa, Victoria Carr-Brendel, Ric Fulop, David Ho, Beverly Huss, Donald Tang.