regulatory
confidence high
sentiment negative
materiality 0.65
Celularity receives Nasdaq delisting notice for late Q2 2024 10-Q and continued Q1 2024 10-Q delinquency
Celularity Inc
- Nasdaq notified Celularity on Aug 22, 2024 of non-compliance with Listing Rule 5250(c)(1) due to failure to timely file Q2 2024 10-Q and continued delinquency in Q1 2024 10-Q.
- Celularity must submit a compliance plan by September 6, 2024; if accepted, has until October 14, 2024 to implement.
- Listing on Nasdaq Capital Market continues under CELU and CELUW without immediate effect.
- Celularity intends to submit a plan but cautions no assurance of acceptance or future compliance.