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D8 Holdings Corp.

DEH · OTC

Trust settledVicarious Surgical Inc. · Finished

NO ACTION REQUIRED

Nothing left to do

The purchase completed and the shares became shares in the company it bought. There is no deadline left to miss.

No price history on file yet — daily closes accumulate from the market data feed.

Trust settled · There is no line to draw here. This vehicle has finished: the cash was paid back or spent closing the deal, so the last filed figure describes an account that no longer exists and would be a floor under nothing.

SpacBrain’s read

Trust settled

The deal closed — SPAC shares became the target's shares, so there is no trust left to redeem (nobody missed a window; holders who wanted cash elected it at the vote).


In plain terms

What it is
A SPAC from D8 Sponsor LLC, listed on OTC in July 2020.
What it's doing now
It agreed to buy Vicarious Surgical Inc.. That purchase completed, and it stopped being a SPAC — the shares became shares in the business it bought.
What you should know
This SPAC has finished. The purchase completed, and the shares became shares in the company it bought — anyone who wanted the cash instead asked for it at the vote, so there is no cash left here to claim and no deadline left to miss.

At a glance

Where it stands
Closed (deSPAC)
The business it bought
Vicarious Surgical Inc. — Surgical Founded in 2014, Vicarious Surgical is a next-generation surgical robotics company, developing a unique disruptive technology with the multiple goals of substantially increasing the efficiency of surgical procedures …
Industry
the deal record does not name the target's industry yet
Deal value
not stated in the filings we hold
Price vs cash at settlement
no live price on file
Cash in trust when it settled
not yet extracted into a snapshot — the filings below may state it
the last trust total filed while this was still a SPAC — the account has since been paid out or used to close the deal
IPO
16 July 2020
size not on file
Headquarters
78 FOURTH AVENUE, WALTHAM, MA, 02451
registered in Delaware
Lead underwriter
not extracted from the prospectus yet
Key officers
Sachs Adam David (Director) · Khalifa Sammy (Chief Technology Officer) · Doherty Joseph Edward (Director)
Listed securities
DEH common
Cash held per sharenot filed for this window

This vehicle has finished, so there is no window to file a cash-per-share figure for and none will follow. No estimate is shown in its place.

Next date that mattersno dated event on file

Nothing dated is on file. That is an absence in the record, not a statement that nothing is coming.

Yield to redemption

Nothing left to redeem — no yield to compute.

This SPAC has finished — its trust was paid back or used to close the deal, so there is nothing left to redeem and no yield to compute. A yield to redemption is a claim that you can hand these shares back for the trust cash. That account is closed, so this page will not print a number here.


What happened to the cash

The reasoning behind the verdict above, in the order the filings establish it.

  1. The deal closed — SPAC shares became the target's shares, so there is no trust left to redeem (nobody missed a window; holders who wanted cash elected it at the vote).

What has happened, and what is coming

1 dated milestone

Every dated step from the day it listed to the next date you may have to act on. Where you have to do something, the day your broker needs the instruction is marked too.

  1. 16 July 2020IPOpassed

    IPO size not on file


The deal

terms as filed

What it is buying, on what terms, and how much of the combined company new shares take from you.

  • closed

    What Vicarious Surgical Inc. does — read from vicarioussurgical.com on 26 August 2026

    Vicarious Surgical develops a robotic system for minimally invasive surgery that utilizes a single port and 1.5 cm incision to maximize visualization, precision, and control of instruments in the abdomen.

    Surgical Robotics
    Deal structureSEC-primary — BCA 8-K / S-4 / DEFM14A
    PIPE
    ≈ $115M · unsourced

    PIPE terms — instrument, coupon, conversion price and any reset floor — are not sourced for this deal. The size above is itself unsourced — a stored figure no filing we hold states — so neither the size nor the terms should be read as cited.


The score

deterministic, from filed fields

DEH is not in the scored universe, so no score is shown. A withheld score is a fact about the record, not a verdict about the company.

Asymmetric return scoreNeither a price nor a cash-per-share figure is on file for this vehicle, and the score is a ratio between the two. Nothing is estimated to fill the gap.

The score is only published for names that carry both a price and a filed cash-per-share figure — 294 of the tracked fleet today. The rest keep an empty dial rather than a modelled one, and fill in by themselves as the fields land.

See the names that are scored, and how


The company

from SEC filings
Read the full profile

D8 Holdings Corp. was a Cayman Islands-incorporated special purpose acquisition company (SPAC) that completed its initial public offering on July 16, 2020, priced at $10.00 per unit. The offering was registered under SEC file number 333-239503, with the company's common stock trading under the ticker DEH. Each unit consisted of one Class A ordinary share and one-half of one redeemable warrant, with each whole warrant exercisable at $11.50 per share. The sponsor of the SPAC was D8 Sponsor LLC, and the company was led by Chief Executive Officer and Director David Chu and Chief Financial Officer Robert Kirby. Following the completion of its business combination, the entity adopted the name Vicarious Surgical Inc. and now files under the SIC code 3842 for Orthopedic, Prosthetic & Surgical Appliances & Supplies. The company's status as a blank-check shell entity terminated on September 23, 2021, as reported in an 8-K filing under Item 5.06 (Change in Shell Company Status).

The business combination target, Vicarious Surgical, is a Boston-based developer of virtual-reality-based surgical robotic systems designed to enable minimally invasive procedures through a single micro-incision. Founded in 2014 by Adam Sachs, the company combines miniaturized robotics with immersive VR technology to enhance surgical visualization and precision. Prior to the SPAC merger, Vicarious Surgical raised approximately $43.2 million across multiple funding rounds from investors including Khosla Ventures, Innovation Endeavors, Gates Ventures, AME Cloud Ventures, and Marc Benioff. The company's Series A round closed on April 17, 2018, raising $16.75 million led by Khosla Ventures and Innovation Endeavors. Vicarious Surgical became publicly listed on October 22, 2020, and as of 2026 continues to operate as a public company focused on advancing its surgical robotics platform for broader physician adoption.


Material findings

from the full read of every filing

Every document this company files gets read whole — body and exhibits. These are the ones the read flagged as material, newest first, each citing its filing.

  • This is the wind-down. The Company also terminated CEO Stephen From, President Adam Sachs, CTO Sammy Khalifa and CMO Dr. Barry Greene effective at the close of business on July 21, 2026, with From, Sachs and Khalifa entitled to contractual severance; the report states $672,699 for Mr. From and $779,190 for Mr. Sachs, each with full vesting of time-based equity awards. A Form 15 filing would end Exchange Act reporting.

  • A CFO departure at a pre-revenue medical device company matters more than at a mature issuer, because financing and cash-runway management sit with that role. The express statement that there was no disagreement removes the accounting-dispute reading. What the filing does not provide is a successor or an interim plan, so the open question for a holder is who signs the next set of financial statements and on what timetable.

  • An assignment for the benefit of creditors places company assets under an assignee who pays creditors first, so common stockholders receive residual value only if creditors are made whole, and the company's own going-concern language says cash is insufficient to continue for any significant period. Management adds that strategic alternatives and financing are unlikely to succeed. For anyone holding the former SPAC's shares this is effectively a zero: the trust redemption right was extinguished at the business combination and there is no floor beneath the equity now.

  • Approval requires the affirmative vote of a majority in voting power of the outstanding common stock, not merely of votes cast, so shares not voted count against it. If approved, the company says the assignment would be effected shortly after the meeting and the certificate of dissolution filed shortly after that, with no further stockholder approval required. All property passes to a third-party assignee who liquidates it and pays creditors first; stockholders receive only what remains, and the company states it cannot predict the amount or timing of any distribution.

  • Trading was already suspended on March 3, 2026 for a market capitalization below $15 million, so this reverse split is an attempt to restore a listing that has effectively been lost rather than to prevent a deficiency. Holders face an illiquid security in the meantime. The same company would go on to propose an assignment for the benefit of creditors and dissolution weeks later, so the split addressed a symptom while the underlying solvency problem was unresolved.

  • A warrant over 2,300,000 shares against just 6,124,738 Class A shares outstanding is potential dilution of roughly 38% from a single instrument - which is why the NYSE requires a shareholder vote. The company would be suspended from the NYSE weeks later for a market capitalization below $15 million, so this financing was being arranged as the listing was failing. The D8 trust was released at the de-SPAC and provides no floor.

Show 4 more material filings
  • Pairing a 5,000,000-share plan increase with a reverse split means the awards are authorised before the consolidation and land in a far smaller post-split count — by April 2025 the company reported only 5,277,925 Class A and 653,990 Class B shares outstanding, so the plan shares approved here would represent a large fraction of the company afterwards. The audit committee, comprising Mr. Styka, Mr. Fulop and Mr. Huss, met four times in the year ended December 31, 2023.

  • 110,769,991 shares is the ceiling on issuance and therefore the measure of what a D8 Holdings shareholder who does not redeem is diluted by; the $9.90 is a market-based price used only to compute the registration fee, not a deal price. The holder is also changing jurisdiction: a Cayman Islands company with its principal executive offices in Hong Kong becomes a Delaware corporation before the combination closes, so the governing corporate law changes as well as the business.

  • A second, convertible class carries part of the consideration: 19,726,836 Class B shares convert into Class A and those underlying shares are registered at no additional fee, so the Class A line understates the eventual common float by that amount. The warrant line is large — 26,150,000 warrants, themselves registered at no fee, with the underlying shares priced at the $11.50 exercise price and contributing $32,809.10 of the $173,757.42 total. The aggregate offering price across all lines is $1,592,643,587.30.

  • A second class is registered alongside the first: 19,726,836 shares of Class B common stock sit beside 110,769,991 Class A shares, and the Class A shares the Class B converts into are registered at no additional fee — the pattern used when one class converts into the other on a one-for-one basis. The warrants add a further 26,150,000 Class A shares at an $11.50 exercise price, carrying $32,809.10 of the $173,757.42 total fee. The $9.90 is a market average used only for the fee calculation.


Filings

live EDGAR feed

Everything this company has filed with the SEC recently, newest first, each with a plain summary of what changed and why it matters.

Show the other 10 filings

The record

The reference detail — how the shares were structured at listing, how thinly they trade, and where the company is registered.

Show the reference detail

Unit structure

Cash in trust at IPOnot extracted from the prospectus

from 424B3 0001213900-25-119678

Trading & liquidity

Average daily volume (20d)no volume reported on the bars we hold
Average daily $ volumeneeds both volume and a live price
Range over the bars heldnot enough price history
Total cash in trustthe trust total is not in the last XBRL stamp

Company profile

Industry (SIC)Orthopedic, Prosthetic & Surgical Appliances & Supplies (3842)
Registered inDelaware

Directors & officers


Institutional holders

from SC 13G/13D

Funds that have declared a stake above 5%. Heavy ownership by arbitrage funds usually means heavy cash-outs at the next vote.

Show the declared stakes

15 filers with a stake on file · 0 re-affirmed in the last 12 months. A stake with no amendment since is the filer’s last word on it, not proof it is still held — and percentages filed in different years are percentages of different floats, because this vehicle’s share count collapses at every redemption.

One line per filer, not per reporting person: a joint schedule names the management company, its funds and often the individual who controls them, and all of them report the same shares. Click a name for that filer’s whole footprint across every SPAC it has declared a stake in.


News

company wires and the financial press

Reporting we have matched to this ticker. Headlines belong to the outlets that wrote them.


Sources on file

harvested pages, kept in full

Every public page we have read about this company, stored in full so a source can never go missing.


In plain English

tap a term to open it

Every piece of jargon this page could have used, and what it actually means.

Open the plain-English guide
No floor / floorlessthe cash guarantee is gone — the price is unprotected

A SPAC's downside protection is not the cash in trust; it is your right to demand that cash. Once the redemption window closes, the cash stays with the company and the share can trade anywhere.

Redemption deadlinethe last day to hand shares back for cash

Set by the filing that calls the meeting. Tender after it and the company is under no obligation to pay you the trust value.

Broker action datethe day your broker needs the instruction — earlier than the official date

Brokers batch redemption instructions to the transfer agent, so the practical cutoff is roughly two business days before the published deadline. This is the date that actually costs people the floor.

Cash in trust / trust per sharethe cash the company is holding for each public share

Filed quarterly in the 10-Q's XBRL. It earns interest between filings, so the figure on a given day is slightly higher than the last filed one — where we show that we label it an estimate.

Trust discountbuying below the cash held for you

Only meaningful while a redemption right exists. On a floorless name the same arithmetic is not a discount, it is the market pricing distress, and this product will not call it a yield.

Dilutionhow much of the company new shares take from you

Sponsor promote, PIPE shares, warrants and rights all issue stock that did not pay $10 for it. The headline deal value is before that; the effective value is after.

Pro-forma equitywhat the company is valued at once the deal closes

The combined company's equity value assuming the announced terms and the redemptions that have actually happened.

ARShow much upside you get per unit of downside

SpacBrain's asymmetric-return score. It is deterministic — the same inputs always produce the same number — and it is capped, not zeroed, when the floor is gone.

De-SPACthe day the SPAC becomes the real company

The shares stop being a claim on a pot of cash and start being equity in an operating business. Roughly 80% of recent de-SPACs traded below $10 within a year.

Outside datethe contractual long-stop for closing the deal

A deadline between the SPAC and its target, not between the SPAC and you. It confers no right to cash, which is exactly why it must never be counted as a redemption window.

Accession numberthe SEC's unique id for one filing

Every figure on this page carries the accession of the filing that states it, so you can open the primary document rather than trust us.

Accreted NAV (estimate)the last filed cash figure, plus the interest it should have earned since

A model, not a filing: last filed value compounded at the 3-month T-bill for the days elapsed. Always shown in italic with the word estimate, and never printed beside a filed number without it.


Ask the brain

from its filings
Data provenance & audit trail5 internal entries

Written by SpacBrain’s data agents whenever a figure is captured, corrected or flagged, and kept verbatim so every number on this page can be traced back to the filing that states it. This is a running log, not the current record: an early entry may be superseded by a later correction — the panels above always hold the current values.

DEH — company record
UNIVERSE-IPO-INDEX2026-08-17

admitted from EDGAR's QUARTERLY FORM INDEX, walked without any SIC filter. The SIC 6770 census could not reach this registrant: EDGAR reassigns a shell's SIC the day it stops being one, and this CIK now files under 3842 (Orthopedic, Prosthetic & Surgical Appliances & Supplies). The screen found it by filing SHAPE instead — S-1 2020-06-26 → 8-A12B 2020-07-13 → 424B4 2020-07-16 — which nothing rewrites. Admission rule: src/lib/universe-admit.ts. SIC 3842 + self-described blank check in 424B4 0001213900-20-017596; 424B 0001213900-20-017596 priced 2020-07-16 under S-1 0001213900-20-015990 (file 333-239503, an offering for cash); common ticker DEH off 10-Q 0001213900-21-042104 (2021-08-12); lifecycle EXITED. The pricing prospectus was filed under SEC file number 333-239503, which belongs to S-1 0001213900-20-015990 (2020-06-26) — a registration of shares sold for CASH, which is what makes it an IPO rather than merger consideration. Blank-check status from the registrant's own first-person sentence in that prospectus (EDGAR full-text search, 424B4 2020-07-16). Ending PROVEN, not inferred: CLOSED per 8-K 0001213900-21-049537 (2021-09-23) — 8-K item 5.06 "Change in Shell Company Status" (EDGAR item index, items: 1.01,2.01,3.02,3.03,4.01,5.01,5.02,5.06,9.01). ipoSizeM and deadline left NULL: gross-proceeds prose conflates the over-allotment with the offering, and a charter deadline belonging to a vehicle that has ended is a date nobody can act on. ipoDate is the 424B pricing date.

SPONSOR-ID2026-08-14

sponsor "D8 Sponsor LLC" (SEC CIK 0001813880) sourced from Form 3 reportingOwner (10% owner) acc 0001213900-20-017493.

NAME-REPAIR2026-08-31

"Vicarious Surgical Inc." is the registrant's CURRENT identity, adopted when the combination closed — EDGAR renames on the closing day, so the rename predates the ending we store and every date-based check cleared it; the vehicle traded as "D8 Holdings Corp." per the COMPANY CONFORMED NAME in 424B4 0001213900-20-017596 filed 2020-07-16. §98

Deal — Vicarious Surgical Inc.
UNTAGGED

[CLOSED-RENAME] EDGAR CIK 0001812173 records "D8 Holdings Corp." ending 2021-09-20; the registrant continues as "Vicarious Surgical Inc.". The rename is the SEC's own record of what the vehicle became, keyed by CIK. Closed 2021-09-20. No deal value is set — a rename says what was acquired, never for how much. No date column is set: Deal has announcedAt, voteDate and expectedCloseAt and nowhere to record an actual close, so the SEC's date is kept here until that column exists. [DEAL-STRUCTURE-MINED] pipeSizeM=115 from primary filings (0001213900-21-032165).

PIPE2026-08-29

pipeBasis set to UNSOURCED: the size came from the research seed / an earlier record and no filing we hold states it — surfaces now label it "unsourced"; an LLM re-read to FILED replaces this when credits allow