ELUTIA INC. Updates Contact Info in 8-K Filing
Ticker: ELUT · Form: 8-K · Filed: Jan 10, 2024 · CIK: 1708527
| Field | Detail |
|---|---|
| Company | Elutia Inc. (ELUT) |
| Form Type | 8-K |
| Filed Date | Jan 10, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.001 |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: administrative, corporate-governance
TL;DR
**ELUTIA INC. filed a routine 8-K to update its phone number, no material news here.**
AI Summary
ELUTIA INC. filed an 8-K on January 10, 2024, to report an "Other Event." This filing primarily updates the company's contact information, specifically changing its business phone number to (240) 247-1170 from a previously listed number. For investors, this filing is largely administrative and does not signal any significant operational or financial changes, meaning it's unlikely to directly impact the stock's value.
Why It Matters
This filing is administrative, updating contact details, and does not contain information that would typically affect an investor's decision or the company's stock price.
Risk Assessment
Risk Level: low — The filing is purely administrative, reporting a change in contact information, and does not introduce any new financial or operational risks.
Analyst Insight
A smart investor would recognize this 8-K as a routine administrative update with no material impact on the company's operations or financial health, thus requiring no immediate action regarding their investment in ELUTIA INC.
Key Players & Entities
- ELUTIA INC. (company) — the registrant filing the 8-K
- January 10, 2024 (date) — date of earliest event reported and filing date
- (240) 247-1170 (dollar_amount) — new business phone number for ELUTIA INC.
- 12510 Prosperity Drive, Suite 370, Silver Spring, MD 20904 (company) — principal executive offices address
- Delaware (company) — state of incorporation
- 001-39577 (company) — Commission File Number
- 47-4790334 (company) — I.R.S. Employer Identification No.
- ELUT (company) — trading symbol for Class A Common Stock
- The Nasdaq Capital Market (company) — exchange where securities are registered
FAQ
What is the primary purpose of ELUTIA INC.'s 8-K filing on January 10, 2024?
The primary purpose of ELUTIA INC.'s 8-K filing on January 10, 2024, is to report an "Other Event," specifically updating its business phone number to (240) 247-1170.
What is ELUTIA INC.'s new business phone number as reported in this filing?
As reported in this filing, ELUTIA INC.'s new business phone number is (240) 247-1170.
What is the date of the earliest event reported in this 8-K filing?
The date of the earliest event reported in this 8-K filing is January 10, 2024.
Where are ELUTIA INC.'s principal executive offices located according to the filing?
According to the filing, ELUTIA INC.'s principal executive offices are located at 12510 Prosperity Drive, Suite 370, Silver Spring, MD 20904.
On which exchange is ELUTIA INC.'s Class A Common Stock registered?
ELUTIA INC.'s Class A Common Stock, with the trading symbol ELUT, is registered on The Nasdaq Capital Market.
Filing Stats: 655 words · 3 min read · ~2 pages · Grade level 13.4 · Accepted 2024-01-10 17:00:12
Key Financial Figures
- $0.001 — hich registered Class A Common Stock, $0.001 par value per share ELUT The Nasdaq
Filing Documents
- elut-20240110x8k.htm (8-K) — 39KB
- 0001558370-24-000187.txt ( ) — 160KB
- elut-20240110.xsd (EX-101.SCH) — 3KB
- elut-20240110_lab.xml (EX-101.LAB) — 16KB
- elut-20240110_pre.xml (EX-101.PRE) — 10KB
- elut-20240110x8k_htm.xml (XML) — 5KB
01 Other Events
Item 8.01 Other Events. Regained Compliance with Nasdaq Board Independence Rule and Nasdaq Listing Requirements On January 9, 2024, Elutia Inc. (the "Company") received written notice from the Nasdaq Stock Market LLC ("Nasdaq") that the Company had regained compliance with Nasdaq Listing Rule 5605(b)(1) (the "Board Independence Rule"). Compliance was regained following the Company's confirmation to Nasdaq that a majority of its Board of Directors are "independent" within the meaning of Listing Rule 5605(a)(2). Previously, on December 5, 2023, the Company had notified Nasdaq that it was not in compliance with Listing Rule 5605(b)(1) because, at that time, three of the Company's directors were independent and three were not. As a result of the Company regaining compliance with the Board Independence Rule, and previously regaining compliance with Listing Rule Nasdaq Listing Rule 5550(b)(2) (the "Market Value Standard"), the Company is now in compliance with Nasdaq's listing requirements, and the hearing that was scheduled with the Nasdaq Hearings Panel to appeal Nasdaq's prior delisting determinations relating to the Board Independence Rule and Market Value Standard has been canceled. The Company's Class A common stock will continue to be listed and traded on the Nasdaq Capital Market under the symbol "ELUT."
Forward-Looking Statements
Forward-Looking Statements This report contains "forward-looking statements" within the meaning of the securities laws. Forward-looking statements in this report include any statements about the Company's future compliance with applicable Nasdaq listing standards and continued listing on Nasdaq. Forward-looking statements are based on management's current assumptions and expectations of future events; actual results may differ materially from those expressed or implied in such statements due to numerous risks and uncertainties, including those found in the Company's periodic reports. Consequently, you should not rely on forward-looking statements as predictions of future events. Except as required by applicable law, the Company expressly disclaims any obligations to publicly update any forward-looking statements.
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. ELUTIA INC. Date: January 10, 2024 By: /s/ Matthew Ferguson Matthew Ferguson Chief Financial Officer