Vicarious Surgical To Effect 1-For-30 Reverse Stock Split Of Issued And Outstanding Class A And Class B Common Stock
Portfolio Pulse from Benzinga Newsdesk
Vicarious Surgical (RBOT) announced a 1-for-30 reverse stock split for its Class A and Class B common stock, effective June 12, 2024. The stock will trade on a post-split basis on June 13, 2024.
June 10, 2024 | 8:17 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Vicarious Surgical (RBOT) is implementing a 1-for-30 reverse stock split, effective June 12, 2024. This action is likely to impact the stock price as it adjusts to the new share structure.
Reverse stock splits often lead to a temporary adjustment in stock price as the market reacts to the new share structure. The long-term impact will depend on investor perception and company performance post-split.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100