Molekule Group, Inc.: Nasdaq/NYSE listing notice — Molekule Group receives Nasdaq delisting notice following Chapter 11 filing

Molekule Group, Inc.

Nasdaq staff determined delisting due to Chapter 11 case and public interest concerns.
Trading of common stock (MKUL) to be suspended at open on Oct 13, 2023; company will not appeal.
Company warns holders may experience significant or complete loss on their investment.
Molekule Group filed for Chapter 11 on Oct 3, 2023; will operate as debtor in possession.

item 3.01

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.7

Molekule Group, Inc. received a nasdaq delisting notice notice regarding other (rules 5101, 5110(b), IM-5101-1).

Exchange: nasdaq
Notice: delisting notice
Rules: 5101, 5110(b), IM-5101-1

Exact text from the filing

October 4, 2023, the Company received written notice (the “Delisting Notice”) from the staff of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that, as a result of the Chapter 11 Case and in accordance with Nasdaq Listing Rules 5101, 5110(b) and IM-5101-1, the staff of Nasdaq has determined that the Company's common stock, par value $0.01 per share (the “Common Stock”), will be delisted from The Nasdaq Stock Market. In the Delisting Notice, the staff of Nasdaq referenced the Chapter 11 Case and associated public interest concerns raised by them, concerns regarding the residual eq

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Source: SEC EDGAR

accession 0001104659-23-106943

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