diff --git a/src/plugins/core/cell.ts b/src/plugins/core/cell.ts
index 19192e9c84..1f6437e785 100644
--- a/src/plugins/core/cell.ts
+++ b/src/plugins/core/cell.ts
@@ -344,6 +344,9 @@ export class CellPlugin extends CorePlugin<CoreState> implements CoreState {
     dependencies: Range[],
     useFixedReference: boolean = false
   ): string {
+    if (!dependencies.length) {
+      return concat(compiledFormula.tokens.map((token) => token.value));
+    }
     let rangeIndex = 0;
     return concat(
       compiledFormula.tokens.map((token) => {
diff --git a/tests/clipboard/clipboard_plugin.test.ts b/tests/clipboard/clipboard_plugin.test.ts
index f1b74480c7..946d9a4554 100644
--- a/tests/clipboard/clipboard_plugin.test.ts
+++ b/tests/clipboard/clipboard_plugin.test.ts
@@ -1458,6 +1458,18 @@ describe("clipboard", () => {
     });
   });
 
+  test("can cut and paste an invalid formula", () => {
+    const model = new Model();
+    setCellContent(model, "A1", "=(+)");
+    setCellContent(model, "A2", "=C1{C2");
+    cut(model, "A1:A2");
+    paste(model, "C1");
+    expect(getCellText(model, "C1")).toBe("=(+)");
+    expect(getCellText(model, "C2")).toBe("=C1{C2");
+    expect(getCellText(model, "A1")).toBe("");
+    expect(getCellText(model, "A2")).toBe("");
+  });
+
   test("cut/paste a formula with references does not update references in the formula", () => {
     const model = new Model();
     setCellContent(model, "A1", "=SUM(C1:C2)");