Time runs out for Vicarious Surgical
Vicarious Surgical, a robot developer that raised over $425 million including from Bill Gates and was valued at about $1.1 billion in its 2021 SPAC merger, said shareholders approved a wind-down and liquidation via an assignment for the benefit of creditors. The company cited delays, cash burn, canceled trials, and failed FDA authorization, and it moved to OTC after an NYSE delisting notice.

