NYSE to Commence Delisting Proceedings Against Vicarious Surgical Inc. (RBOT) for Failing to Meet Market Capitalization Standard

The New York Stock Exchange (NYSE) has announced that it will commence delisting proceedings against Vicarious Surgical Inc. (RBOT) due to the company's failure to meet the NYSE's continued listing standard of maintaining an average global market capitalization of at least $15,000,000 over a consecutive 30 trading day period. Trading in RBOT's Class A common stock has been suspended immediately. The company has the right to a review by the NYSE's Board of Directors and can appeal the decision. The NYSE will apply to the Securities and Exchange Commission to delist RBOT's stock upon completion of all applicable procedures.