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Market Information
−Removed: Our common stock is publicly traded on The Nasdaq Stock Market under the symbol “SELB.”
−Removed: As of February 24, 2023, there were approximately 153,318,915 shares of our common stock outstanding held by approximately 47 holders of record.
+Added: Our common stock is publicly traded on The Nasdaq Stock Market under the symbol “RNAC.”
+Added: As of March 1, 2024, there were approximately 161,948,618 shares of our common stock outstanding held by approximately 89 holders of record.
The actual number of stockholders 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 other nominees.
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Any future determination related to our dividend policy will be made at the discretion of our Board of Directors after considering our financial condition, results of operations, capital requirements, business prospects and other factors the Board of Directors deems relevant, and subject to the restrictions contained in any future financing instruments.
−Removed: In addition, our loan and security agreement with Oxford and SVB currently prohibits us from paying dividends on our equity securities, and any future debt agreements may likewise preclude us from paying dividends.
−Removed: See “Management’s Discussion and Analysis of Financial Condition and Results of Operations⸻Liquidity and Capital Resources.”
Stock Performance Graph
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The stock price performance of the following graph is not necessarily indicative of future stock price performance.
−Removed: Comparison Of Cumulative Total Return Selecta Biosciences, Inc.,
+Added: Comparison Of Cumulative Total Return Cartesian Therapeutics, Inc.,
Nasdaq Composite Index and Nasdaq Biotechnology Index
This performance graph shall not be deemed “soliciting material” or to be “filed” with the SEC for purposes of Section 18 of the Exchange Act, or otherwise subject to the liabilities under that Section, and shall not be deemed to be incorporated by reference into any of our filings under the Securities or the Exchange Act.
+Added: Securities Authorized for Issuance Under Equity Compensation Plans
+Added: Information about our equity compensation plans in Item 12 of Part III of this Annual Report is incorporated herein by reference.
+Added: Any future determination to pay dividends will be made at the discretion of our Board of Directors and will depend
+Added: on various factors, including applicable laws, our results of operations, financial condition, future prospects, then applicable contractual restrictions and any other factors deemed relevant by our Board of Directors.
+Added: Investors should not purchase our common stock with the expectation of receiving cash dividends.
Purchases of Equity Securities by the Issuer or Affiliated Purchasers
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Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.