Vicarious Surgical Faces NYSE Delisting After Market Cap Drops Below $15M
NYSE suspended trading of Vicarious Surgical’s Class A shares after its 30-day average global market capitalization fell below $15 million, triggering a delisting process. The company expects OTCID quotation under its current trading symbol on March 4 and has ten business days to appeal the delisting determination.
1. Delisting Notice and Criteria
On March 3, 2026, Vicarious Surgical received a notice from the NYSE after its Class A common stock failed to maintain a 30-day average global market capitalization of at least $15 million, in accordance with Section 802.01B of the NYSE Listed Company Manual.
2. Suspension and Appeal Process
Trading of the company’s common stock was suspended after market close on March 3, and the NYSE intends to apply to the SEC to delist the shares unless Vicarious Surgical submits an appeal within ten business days of receiving the notice.
3. OTCID Quotation Plan
Vicarious Surgical has obtained approval to quote its common stock on the OTCID market tier, with quotation set to commence at the open of business on March 4, providing continued trading access pending the outcome of any appeal.