secwatch.observer — SEC 8-K summary
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Issuer:     CRYO CELL INTERNATIONAL INC (CCEL)
CIK:        0000862692
Form:       8-K
Filed at:   2022-03-16T23:59:59+00:00
Accession:  0000950170-22-003951
Event type: other_material
Sentiment:  positive
Materiality: 0.50
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cryo-Cell buys $11.2M NC facility to launch ExtraVault biorepository service
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- Purchase price $11.2M for 56,000 sq ft building under construction in Durham, NC.
- Facility to introduce ExtraVault biorepository service for biopharma and healthcare.
- Initial earnest deposit of $200,000; closing subject to customary conditions.
- Funding from cash on hand, operations, and additional financing.
- ExtraVault plans cost-effective storage, inventory portal, and distribution.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/862692/000095017022003951/0000950170-22-003951-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/862692/000095017022003951/ccel-20220314.htm
  HTML page:      https://secwatch.observer/filing/0000950170-22-003951

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer