Vicarious Surgical Inc RBOT shares are trading lower by 8.5% to $0.87 Monday morning on downward momentum after the company last week priced a $45 million offering.
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Vicarious Surgical priced its underwritten public offering of 45 million shares of Class A common stock at $1.00 per share, with a 30-day option for underwriters to purchase an additional 6.75 million shares.
The company expects to receive around $45 million in total gross proceeds. The offering is scheduled to close on or about August 7, 2023.
Morgan Stanley & Co. and Cowen and Company are the joint book-running managers for the offering.
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According to data from Benzinga Pro, RBOT has a 52-week high of $4.76 and a 52-week low of $0.90.
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