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 Vicarious Surgical Receives Delisting Notice From NYSE

MWN-AI** Summary

Vicarious Surgical Inc. (NYSE: RBOT), a company focused on advancing robotic surgery, recently announced that it received a delisting notice from the New York Stock Exchange (NYSE) on March 3, 2026. The NYSE determined that Vicarious Surgical did not meet its continued listing standards, specifically maintaining an average global market capitalization of at least $15 million over a 30-trading day period. As a result, trading of its Class A common stock was suspended, and the NYSE is preparing to delist the stock upon completing necessary procedures, which include the Company’s option to appeal within ten business days.

In response to the delisting notice, Vicarious Surgical is considering whether to pursue an appeal and has secured approval to trade its stock on the OTCID market operated by The OTC Markets Group, where it expects to begin quoting under the symbol “RBOT” on March 4, 2026.

Founded in 2014 and headquartered in Waltham, Massachusetts, Vicarious Surgical specializes in developing innovative surgical robotics technology aimed at enhancing surgical efficiency and patient outcomes while decreasing costs. The company has garnered support from notable investors, including Bill Gates and various venture capital firms.

Additionally, Vicarious Surgical emphasized that it will continue to provide material information to investors through its official investor relations website and social media channels. As part of the SEC's guidelines, the Company aims to keep stakeholders informed about important developments, including any updates regarding the delisting and potential appeal.

This situation highlights the significance of maintaining compliance with stock exchange standards and the potential implications for companies struggling with market capitalization.

MWN-AI** Analysis

Vicarious Surgical Inc. (NYSE: RBOT) recently announced it has received a delisting notice from the New York Stock Exchange (NYSE) due to failing to meet the required market capitalization standard. As trading on the NYSE is suspended, the stock will transition to the OTCID market tier. This shift is significant for both current shareholders and potential investors, signaling a major inflection point in the company’s lifecycle.

In light of this development, investors should carefully assess the risks and opportunities that lie ahead. The shift to OTCID can lead to lower liquidity and visibility, which often results in higher volatility for the stock price. While the transition allows the company to continue trading, it also highlights underlying concerns about its financial health and market position.

Vicarious Surgical has the backing of high-profile investors and a promising technology portfolio suggesting long-term potential. However, the immediate concern revolves around its ability to maintain adequate financial support and execute its business plans effectively. Investors need to monitor how well the company manages its appeal against delisting and how it capitalizes on any upcoming product developments, particularly its surgical robotics innovation.

If Vicarious Surgical successfully appeals the delisting or demonstrates a strategic turnaround, it may present a buying opportunity for speculative investors willing to endure the associated risks. However, potential investors should tread cautiously, given the uncertainties posed by the company’s current operational status, competition in the surgical robotics space, and the broader market conditions.

In summary, while Vicarious Surgical operates within an innovative sector with significant growth potential, the recent delisting notice underscores the need for a critical evaluation of risk versus reward before taking any positions in RBOT.

**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.

Source: Business Wire

Vicarious Surgical Inc. (NYSE: RBOT) (the “Company”), a next-generation robotics technology company seeking to improve lives by transforming robotic surgery, today announced that on March 3, 2026, it received a notice (the “Notice”) from the New York Stock Exchange (the “NYSE”) that the NYSE has commenced the process of delisting the Company’s Class A common stock, par value $0.0001 per share (the “Common Stock”). Trading on the Company’s Common Stock on the NYSE was suspended after market close on March 3, 2026.

The NYSE has determined that the Company has fallen below the continued listing standard, requiring listed companies to maintain an average global market capitalization over a consecutive 30 trading day period of at least $15,000,000, pursuant to Section 802.01B of the NYSE Listed Company Manual. The NYSE has stated that it will apply to the Securities and Exchange Commission (the “SEC”) to delist the Common Stock upon completion of all applicable procedures, including any appeal by the Company of the NYSE’s delisting determination, which appeal must be made within ten business days from receipt of the Notice. The Company is evaluating whether to appeal the delisting determination.

The Company has received approval of its application to have the Common Stock quoted on the OTCID market tier (“OTCID”) operated by The OTC Markets Group, Inc. (“OTC Markets”). The Company expects the Common Stock will commence quotation on the OTCID at the open of business on March 4, 2026 under the current trading symbol of “RBOT.”

About Vicarious Surgical

Founded in 2014, Vicarious Surgical is a next-generation surgical robotics company, developing a unique disruptive technology with the multiple goals of substantially increasing the efficiency of surgical procedures, improving patient outcomes, and reducing healthcare costs. The Company’s novel surgical approach uses proprietary human-like surgical robots to virtually transport surgeons inside the patient to perform minimally invasive surgery. The Company is led by an experienced team of technologists, medical device professionals and physicians, and has received backing by technology luminaries including Bill Gates, Vinod Khosla’s Khosla Ventures, Innovation Endeavors, Jerry Yang’s AME Cloud Ventures, Sun Hung Kai & Co. Ltd and Philip Liang’s E15 VC. The Company is headquartered in Waltham, Massachusetts. Learn more at www.vicarioussurgical.com .

In accordance with guidance provided by the SEC regarding use by a company of its websites and social media channels as a means to disclose material information to investors and to comply with its disclosure obligations under Regulation FD, the Company hereby notifies investors, the media and other interested parties that it intends to continue to use its investor relations website ( https://investor.vicarioussurgical.com/ ), its LinkedIn page ( https://linkedin.com/company/vicarious-surgical/ ) and its X feed (@VicariousSurg) to publish important information about the Company, including information that may be deemed material to investors. The list of social media channels that the Company uses may be updated on its investor relations website from time to time. The Company encourages investors, the media, and other interested parties to review the information the Company posts on its website and social media channels as described above, in addition to information announced by the Company through its SEC filings, press releases and public conference calls and webcasts.

Forward-Looking Statements

This press release includes “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. The Company’s actual results may differ from its expectations, estimates, and projections and, consequently, you should not rely on these forward-looking statements as predictions of future events. All statements other than statements of historical facts contained herein, including without limitation, statements regarding the timing of quotation of the Common Stock on the OTCID and the potential for the Company to appeal the delisting determination, are forward-looking statements that reflect the current beliefs and expectations of management. These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from those discussed in the forward-looking statements. Most of these factors are outside the Company’s control and are difficult to predict. Factors that may cause such differences include, but are not limited to: future fluctuations in the Company’s market capitalization and stockholders’ equity; the expected timing for quotation on the OTCID; the Company’s future business strategy; the approval, commercialization and adoption of the Company’s initial product candidates and the success of its single-port surgical robot, called the Vicarious Surgical System, and any of its future product candidates and service offerings; changes in applicable laws or regulations; the ability of the Company to raise financing in the future; the success, cost and timing of the Company’s product and service development activities; the potential attributes and benefits of the Company’s product candidates and services; the Company’s ability to obtain and maintain regulatory approval for the Vicarious Surgical System, and any related restrictions and limitations of any approved product; the size and duration of human clinical trials for the Vicarious Surgical System; the Company’s ability to identify, in-license or acquire additional technology; the Company’s ability to maintain its existing license, manufacture, supply and distribution agreements; the Company’s ability to compete with other companies currently marketing or engaged in the development of products and services that the Company is currently marketing or developing; the size and growth potential of the markets for the Company’s product candidates and services, and its ability to serve those markets, either alone or in partnership with others; the pricing of the Company’s product candidates and services and reimbursement for medical procedures conducted using its product candidates and services; the company’s estimates regarding expenses, revenue, capital requirements and needs for additional financing; the Company’s financial performance; economic downturns, political and market conditions and their potential to adversely affect the Company’s business, financial condition and results of operations; the Company’s intellectual property rights and its ability to protect or enforce those rights, and the impact on its business, results and financial condition if it is unsuccessful in doing so; and other risks and uncertainties indicated from time to time in the Company’s filings with the SEC. The Company cautions that the foregoing list of factors is not exclusive. The Company cautions readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made. The Company does not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in its expectations or any change in events, conditions or circumstances on which any such statement is based.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260303313673/en/

Investor Contact
ir@vicarioussurgical.com

Media Inquiries
media@vicarioussurgical.com

FAQ**

What steps is Vicarious Surgical Inc Com Cl A RBOT planning to take in response to the NYSE's delisting notice, and what factors might influence their decision to appeal this determination?

Vicarious Surgical Inc. plans to respond to the NYSE's delisting notice by assessing their compliance with listing standards, exploring potential appeals based on financial performance, operational changes, and investor support, while considering market conditions and strategic direction.

How does Vicarious Surgical Inc Com Cl A RBOT intend to sustain its operations and market presence while transitioning to the OTCID market following its delisting from the NYSE?

Vicarious Surgical Inc Com Cl A RBOT plans to sustain its operations and market presence by focusing on strategic partnerships, cost management, and enhancing product development to support growth as it transitions to the OTCID market post-NYSE delisting.

What are the primary risks and uncertainties Vicarious Surgical Inc Com Cl A RBOT faces regarding the commercialization and adoption of its Vicarious Surgical System product?

Vicarious Surgical Inc Com Cl A RBOT faces primary risks and uncertainties related to regulatory approvals, technological reliability, market competition, the need for clinical validation, potential reimbursement challenges, and the overall acceptance by healthcare providers and patients.

Given the financial and operational challenges outlined, how does Vicarious Surgical Inc Com Cl A RBOT plan to raise future financing to support its growth and product development initiatives?

Vicarious Surgical Inc. plans to raise future financing through potential equity offerings, strategic partnerships, and collaborations, while also exploring grants and venture capital to support their growth and product development initiatives amid operational challenges.

**MWN-AI FAQ is based on asking OpenAI questions about Vicarious Surgical Inc Com Cl A (NYSE: RBOT).

Vicarious Surgical Inc Com Cl A

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