Item 5. Market for Registrant’s Common Equity
ITEM
5. Market For Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities
Market
Price Information
Our
common stock has been listed on The Nasdaq Capital Market under the symbol “CELC” since September 20, 2017.
As
of March 17, 2026, there were approximately 101 holders of record of our common stock. The actual number of holders of common stock
is greater than this number of record holders and includes stockholders who are beneficial owners, but whose shares are held in street
name by brokers and nominees. The number of holders of record also does not include stockholders whose shares may be held in trust by
other entities.
Dividends
We
have never declared or paid any cash dividends on our common stock. We currently intend to retain our future earnings, if any, to finance
the operation and expansion of our business. We do not expect to pay cash dividends on our common stock in the foreseeable future. Payment
of future cash dividends, if any, will be at the discretion of our board of directors after taking into account various factors, including
our financial condition, operating results, current and anticipated cash needs, outstanding indebtedness and plans for expansion and
restrictions imposed by lenders, if any.
Recent
Unregistered Sales of Equity Securities
During
the three months ended December 31, 2025, we issued 1,496 shares of common stock upon the exercise of previously issued warrants as follows:
●
1,089 shares were issued to the placement agent from private
placements that closed on April 28, 2017 and May 17, 2017 pursuant to the exercise of warrants at an exercise price of $8.42 per share,
resulting in cash proceeds of less than $0.1 million; and
●
407 shares were issued to the placement agent from private
placements that closed on January 21, 2016 and May 2, 2016 pursuant to the exercise of warrants at an exercise price of $7.56 per share,
resulting in cash proceeds of less than $0.1 million.
The
shares were issued pursuant to an exemption from registration under Section 4(a)(2) of the Securities Act of 1933, as amended.
Issuer
Purchases of Equity Securities
None.
ITEM
6. Reserved
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