tiprankstipranks
Celularity announces resolution of Nasdaq listing compliance matter
The Fly

Celularity announces resolution of Nasdaq listing compliance matter

Celularity (CELU) announced that it has received a letter from the Listing Qualifications department of the Nasdaq Stock Market, confirming that Celularity has regained compliance with Nasdaq Listing Rule 5250(c)(1). Following the filing of its Quarterly Report on Form 10-Q for the period ended September 30, 2024, Nasdaq has determined that the matter is now closed. “We are pleased to have fully addressed Nasdaq’s requirements and resolved this matter, ensuring that our stock remains listed and continues to trade on the Nasdaq Capital Market,” said Robert Hariri, M.D., Ph.D., Founder, Chairman, and CEO of Celularity. “This milestone reflects our commitment to regulatory compliance and transparency. The significant improvements we’ve made to our financial reporting infrastructure will serve as a strong foundation for our future growth and success.”

Don't Miss Our Christmas Offers:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App