regulatory
confidence high
sentiment negative
materiality 0.65
Celularity receives Nasdaq delisting notice for late Q1 2024 10-Q and 2023 10-K
Celularity Inc
- Nasdaq notified Celularity on May 21, 2024 of non-compliance with Listing Rule 5250(c)(1) for delinquent Q1 2024 10-Q and 2023 10-K.
- No immediate delisting; CELU and CELUW continue trading on Nasdaq Capital Market.
- Celularity must submit a compliance plan by June 17, 2024; if accepted, has until October 14, 2024 to implement.
- Delay in completing the 2023 Form 10-K caused the Q1 2024 filing delay.