Celularity Faces Nasdaq Delisting Notice
Ticker: CELUW · Form: 8-K · Filed: Oct 21, 2024 · CIK: 1752828
Sentiment: bearish
Topics: delisting, compliance, nasdaq
Related Tickers: CELU
TL;DR
Nasdaq's coming for CELU's listing, big trouble ahead.
AI Summary
Celularity Inc. received a notice of delisting or failure to satisfy continued listing rules from the Nasdaq Stock Market on October 18, 2024. The company is currently evaluating the notice and will determine the appropriate course of action to regain compliance with Nasdaq's listing standards.
Why It Matters
This notice indicates Celularity may be at risk of being removed from the Nasdaq exchange, which could significantly impact its stock liquidity and investor confidence.
Risk Assessment
Risk Level: high — The company has received a notice of delisting, indicating a significant risk of being removed from the Nasdaq exchange.
Key Players & Entities
- Celularity Inc. (company) — Registrant
- Nasdaq Stock Market (company) — Exchange issuing delisting notice
- October 18, 2024 (date) — Date of delisting notice
FAQ
What specific listing rule(s) did Celularity Inc. fail to meet?
The filing states Celularity Inc. received a notice of delisting or failure to satisfy a continued listing rule or standard, but does not specify which particular rule(s) were violated.
What is the earliest event date reported in this filing?
The earliest event date reported is October 18, 2024.
What is Celularity Inc.'s former company name?
Celularity Inc.'s former company name was GX Acquisition Corp.
When did Celularity Inc. change its name from GX Acquisition Corp.?
The date of the name change from GX Acquisition Corp. was September 12, 2018.
What is Celularity Inc.'s IRS Employer Identification Number?
Celularity Inc.'s IRS Employer Identification Number is 831702591.
Filing Stats: 677 words · 3 min read · ~2 pages · Grade level 12.7 · Accepted 2024-10-21 07:24:58
Key Financial Figures
- $0.0001 — hich registered Class A Common Stock, $0.0001 par value per share CELU The Nasdaq
- $11.50 — A Common Stock at an exercise price of $11.50 per one-tenth of one share CELUW Th
Filing Documents
- form8-k.htm (8-K) — 43KB
- 0001493152-24-041706.txt ( ) — 264KB
- celu-20241018.xsd (EX-101.SCH) — 4KB
- celu-20241018_def.xml (EX-101.DEF) — 30KB
- celu-20241018_lab.xml (EX-101.LAB) — 36KB
- celu-20241018_pre.xml (EX-101.PRE) — 27KB
- form8-k_htm.xml (XML) — 6KB
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. CELULARITY INC. Date: October 21, 2024 By: /s/ Robert J. Hariri Robert J. Hariri, M.D., Ph.D. Chairman and CEO