$RBOT Just read the proxy statement. Hilarious. RBOT going under with liabilities exceeding assets. Debt of $9M Assets of $12M. The BOD and Officers will receive the entire $3M in severance and bonuses. Nothing for shareholders and investors. Steve From, CEO, will get $500K severance and one year of COBRA for insurance when he leaves. The others have similar benefits. Hard to believe that the people running the company into the ground get any money at all. What fools on the BOD gave such lucrative executive contracts if the company goes out of business. It's one thing to give the best people a good salary but quite another to give them severance for failing to keep the company afloat.
$RBOT Company put out a proxy to be liquidated, if the BoD elects to do so. Not looking good.
Adam and Sammy were never serious people or capable med device execs. Though at least this was backed by Bill Gates!
$RBOT Q1 '26 Earnings Results & Recap
Vicarious Surgical continues to expect full year 2026 cash burn of approximately $19 million, indicating ongoing capital expenditure needs for the company's operations.
$RBOT 07:08 on Mar. 04 2026
Vicarious Surgical Receives NYSE Delisting Notice After Falling Below $15M Market Cap Requirement, Stock To Begin Trading On OTCID Market March 4 #tradeideas
