BRIEF-Gamida Cell Ltd Says Received Notice From Nasdaq Notifying Co That It Determined Co’S Ordinary Shares Will Be Delisted From Nasdaq

Reuters03-29

March 29 (Reuters) - Gamida Cell Ltd :

* GAMIDA CELL LTD - ON MARCH 28, RECEIVED NOTICE FROM NASDAQ NOTIFYING CO THAT IT DETERMINED CO’S ORDINARY SHARES WILL BE DELISTED FROM NASDAQ

* GAMIDA CELL LTD - NASDAQ STAFF FURTHER NOTIFIED CO THAT TRADING OF ORDINARY SHARES WILL BE SUSPENDED AT OPENING OF BUSINESS ON APRIL 8

* GAMIDA CELL LTD - DELISTING NOTICE ALSO INDICATED THAT CO MAY APPEAL NASDAQ’S DETERMINATION

* GAMIDA CELL LTD - CO DOES NOT INTEND TO APPEAL DETERMINATION AND, THEREFORE, IT IS EXPECTED THAT ORDINARY SHARES WILL BE DELISTED FROM NASDAQ

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