---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-012365"
form_type: "8-K"
ticker: null
cik: "0001805087"
company_name: "GELESIS HOLDINGS, INC."
filed_at: "2023-04-11T23:59:59+00:00"
generated_at: "2026-06-17T03:43:38.557086+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# NYSE begins delisting proceedings for Gelesis (GLS) after market cap falls below $15M threshold

## Summary
- Trading suspended after market close on April 10, 2023; delisting initiated under Section 802.01B.
- Average global market cap over 30 consecutive trading days fell below the required $15,000,000.
- Company will not appeal; expects common stock to trade on OTC market starting April 11, 2023, under same ticker GLS.
- Company remains subject to all SEC reporting obligations under the Exchange Act.

## SEC filing metadata
- accession: 0000950170-23-012365
- form_type: 8-K
- cik: 0001805087
- company_name: GELESIS HOLDINGS, INC.
- filed_at: 2023-04-11T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1805087/000095017023012365/0000950170-23-012365-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1805087/000095017023012365/gls-20230410.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-012365
- JSON: https://secwatch.observer/filing/0000950170-23-012365.json
- Plain text: https://secwatch.observer/filing/0000950170-23-012365.txt

## Key facts
- Listing & Compliance Notices
  GELESIS HOLDINGS, INC. received a nyse delisting notice notice regarding market value (rules 802.01B).
  - Exchange: nyse
  - Notice: delisting notice
  - Deficiency: market value
  - Rules: 802.01B
  source text: April 10, 2023. NYSE Regulation reached its decision to delist these securities pursuant to Section 802.01B of the NYSE’s Listed Company Manual because the Company had fallen below the NYSE’s continued listing standard requiring listed companies to maintain an average global market capitalization over a consecutive 30 trading day period of at least $15,000,000. The Company does not intend to appeal the delisting determination. The Company anticipates that its common stock identified above will be traded in the over-the-counter (“OTC”) market commencing on April 11, 2023. The common stock will
  evidence_url: https://www.sec.gov/Archives/edgar/data/1805087/000095017023012365/0000950170-23-012365-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.