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0 0.0219396659187236 0.0219396659187236 -0.000249314385440012 0.114435302916978 0.114435302916978 0.114435302916978 0.146846173024184
Stock impact report

Celularity to Effect 1-for-10 Reverse Stock Split [MarketWatch]

Celularity Inc. - Class A (CELU) 
Company Research Source: MarketWatch
"This action is intended to bring our share price back into compliance with Nasdaq listing requirements, as well as nearing a price point for institutions, while minimizing the effect on our trading volume as much as practicable," said Robert Hariri, the company's founder, chairman and chief executive officer. Advertisement The split will take effect after the bell on Feb. 28. Shares are expected to begin trading on the Nasdaq Capital Market on a reverse split adjusted basis on Feb. 29. The company's stock finished Friday's regular session up 7.1% to close at 46 cents. The stock last closed above $1 per share on January 27, 2023 of last year. Celularity has 193.78 million shares outstanding and a public float of 104.32 million shares. Write to Stephen Nakrosis at stephen.nakrosis@wsj.com Show less Read more
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