29.1 C
Canberra
Friday, March 6, 2026

Vicarious Surgical faces NYSE delisting once more


Vicarious Surgical faces NYSE delisting once more

Vicarious Surgical’s Beta 2 surgical robotic system. | Credit score: Vicarous Surgical

Vicarious Surgical (NYSE:RBOT) introduced that the NYSE has commenced the method of delisting its inventory.

The Waltham, Massachusetts–based mostly surgical robotic developer acquired a discover from the inventory trade yesterday, March 3, 2026. Because of the NYSE motion, the corporate’s inventory was suspended after market shut.

Shares of RBOT are presently buying and selling at $1.92 apiece forward of the opening of the NYSE market at the moment.

Vicarious mentioned that the NYSE decided that its inventory fell beneath the continued itemizing normal. It requires corporations to take care of a mean international market capitalization over a consecutive 30-day buying and selling interval of no less than $15 million.

The corporate should make an enchantment inside 10 enterprise days from receipt of the discover. It mentioned it presently has a possible enchantment underneath analysis. In the meantime, the corporate acquired approval to have its inventory quoted on the OTCID market tier operated by the OTC Markets Group. It expects frequent inventory to start citation on that market on the open of enterprise at the moment, March 4, 2026. The corporate intends to proceed buying and selling underneath the “RBOT” ticker.

This isn’t the primary time the corporate has confronted delisting, having fallen beneath NYSE requirements in 2023. It then performed a reverse inventory break up halfway by way of 2024.



The most recent on Vicarious Surgical’s efforts

Potential delisting comes at an fascinating time for Vicarious, which has been advancing a surgical robotic platform for a while, however has hit varied snags alongside the way in which.

Vicarious designed its robotic to extend the effectivity of surgical procedures. The corporate beforehand set its sights on first-in-human trials halfway by way of 2025, however delayed the robotic’s timeline again in November 2023. Then, in March 2024, the corporate outlined plans to have its “V1.0” system prepared for an FDA submission by early to mid-fiscal 2026.

In late 2024, the corporate mentioned it deliberate for a year-end cadaver lab for V1.0, adopted by efforts towards verification, validation, and optimization of the system forward of formal medical testing. In Might 2025, Vicarious introduced a brand new hospital collaboration, shifting nearer to bringing its surgical robotic know-how to sufferers. However, in August, the corporate mentioned it might maintain off on medical trial initiation to additional develop its robotic. At the moment, the corporate earmarked the top of 2026 for its design freeze.

At first of this yr, the corporate efficiently accomplished an in-vivo porcine lab for the robotic. It mentioned the lab reinforces its progress towards a system design freeze earmarked for the top of 2026.

Related Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

[td_block_social_counter facebook="tagdiv" twitter="tagdivofficial" youtube="tagdiv" style="style8 td-social-boxed td-social-font-icons" tdc_css="eyJhbGwiOnsibWFyZ2luLWJvdHRvbSI6IjM4IiwiZGlzcGxheSI6IiJ9LCJwb3J0cmFpdCI6eyJtYXJnaW4tYm90dG9tIjoiMzAiLCJkaXNwbGF5IjoiIn0sInBvcnRyYWl0X21heF93aWR0aCI6MTAxOCwicG9ydHJhaXRfbWluX3dpZHRoIjo3Njh9" custom_title="Stay Connected" block_template_id="td_block_template_8" f_header_font_family="712" f_header_font_transform="uppercase" f_header_font_weight="500" f_header_font_size="17" border_color="#dd3333"]
- Advertisement -spot_img

Latest Articles