Aditxt, Inc.
For the period ended Dec 31, 2024. Filed Mar 31, 2025.
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FY2024 · Filed Mar 31, 2025
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Item 9B. Other Information
Based upon the stockholders’ equity reported by the Company in this Annual Report on Form 10-K for the year ended December 31, 2024, as of December 31, 2024, the Company reported a stockholders’ deficit of approximately $86,000. Nasdaq Listing Rule 5550(b)(1) requires a company to maintain a minimum of $2,500,000 in stockholders’ equity, or a market value of listed securities of at least $35 million, or net income from continuing operations of $500,000 in the most recently completed fiscal year or in two of the three most recently completed fiscal years (the “Stockholders’ Equity Rule”). Subsequent to December 31, 2024 during the period ended March 31, 2025, the Company raised approximately $20.8 million in gross proceeds from its common stock purchase agreement with its equity line investor and its at-the-market offering agreement with H.C. Wainwright & Co., LLC. As a result and as detailed in the pro forma unaudited balance sheet as of March 31, 2025 set forth below, the Company believes, as of the date of this filing, that it has stockholders’ equity in excess of $2,500,000 as of March 31, 2025, and has thereby regained compliance with the Stockholders’ Equity Rule. The Company awaits Nasdaq’s confirmation of the same.
| March 31, | |
|---|---|
| (In Thousands) | |
| ASSETS · (Unaudited) | |
| CURRENT ASSETS | $796 |
| NON-CURRENT ASSETS | 30,237 |
| TOTAL ASSETS | $31,033 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | |
| CURRENT LIABILITIES | $14,191 |
| NON-CURRENT LIABILITIES | 603 |
| TOTAL LIABILITIES | 14,794 |
| MEZZANINE EQUITY | - |
| STOCKHOLDERS’ EQUITY | |
| Treasury stock | (202) |
| Additional paid-in capital | 190,360 |
| Accumulated deficit | (173,190) |
| TOTAL ADITXT, INC. STOCKHOLDERS’ EQUITY | 16,968 |
| NON-CONTROLLING INTEREST | (729) |
| TOTAL STOCKHOLDERS’ EQUITY | 16,239 |
| TOTAL LIABILITIES, MEZZANINE EQUITY, AND STOCKHOLDERS’ EQUITY | $31,033 |
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