regulatory
confidence high
sentiment negative
materiality 0.65
Celularity Inc (CELU): Nasdaq/NYSE listing notice — Celularity receives Nasdaq delisting notice for bid price below $1.00
Celularity Inc
- Closing bid price of Class A common stock (CELU) below $1.00 for 30 consecutive business days.
- Company has 180 calendar days, until September 11, 2023, to regain compliance by closing at $1.00+ for 10 consecutive days.
- If not compliant by deadline, Celularity may be eligible for an additional 180-day grace period if it meets other Nasdaq requirements.
- Stock continues to trade on Nasdaq Capital Market under CELU; company evaluating options to cure deficiency.