Vicarious Surgical shares are trading lower after the company priced a $45 million offering.
Portfolio Pulse from Benzinga Newsdesk
Vicarious Surgical has priced a $45 million offering, leading to a decrease in its share price.
August 04, 2023 | 1:59 pm
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Vicarious Surgical's stock price is trading lower after the company priced a $45 million offering.
The company's decision to price a $45 million offering has led to a decrease in its share price. This is likely due to the dilution of shares, which often leads to a decrease in share price as each share represents a smaller fraction of the company's equity.
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