{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-022503","form_type":"8-K","ticker":"CELU","cik":"0001752828","company_name":"Celularity Inc","filed_at":"2023-05-16T23:59:59+00:00","discovered_at":"2026-05-14T18:03:40.382392+00:00","generated_at":"2026-06-14T23:53:20.955909+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Celularity enters $6M senior secured loan (12.5% interest) with board-affiliated lender; matures June 14, 2023","bullets":["Loan principal $6M, net $5.88M after 2% OID; proceeds used to pay Yorkville under pre-paid advance agreement.","Interest 12.5% per annum; first-year interest paid in kind, not cash.","Lender Resorts World Inc is affiliate of board member Lim Kok Thay.","Loan secured by all assets, pari passu with C.V. Starr; covenant requires cash >= $3M at all times.","Maturity only 29 days from closing (June 14, 2023), indicating urgent short-term financing."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-022503","json":"https://secwatch.observer/filing/0000950170-23-022503.json","markdown":"https://secwatch.observer/filing/0000950170-23-022503.md","text":"https://secwatch.observer/filing/0000950170-23-022503.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1752828/000095017023022503/0000950170-23-022503-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1752828/000095017023022503/celu-20230516.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-14T23:53:20.955909+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"6e04c6c83c1e7dd7191c32aab1e213b02f9305e7","claim":"Celularity Inc incurred loan of $6.0 million net of an original issue discount of $120,000 with Resorts World Inc Pte Ltd at 12.5% per year maturing June 14, 2023.","evidence_excerpt":"On May 16, 2023, Celularity Inc., or Celularity, entered into a senior secured loan agreement with Resorts World Inc Pte Ltd, or RWI, providing for a loan in the aggregate principal amount of $6.0 million net of an original issue discount of $120,000, which bears interest at a rate of 12.5% per year, with the first year of interest being paid in kind on the last day of each month, and matures June 14, 2023.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1752828/000095017023022503/0000950170-23-022503-index.htm","confidence":0.95,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"loan"},{"label":"Principal","value":"$6.0 million net of an original issue discount of $120,000"},{"label":"Counterparty","value":"Resorts World Inc Pte Ltd"},{"label":"Rate","value":"12.5% per year"},{"label":"Maturity","value":"June 14, 2023"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"72608b24a0e4fdbe974850d2b34818aa7868c071","claim":"Celularity Inc entered into senior secured loan agreement with Resorts World Inc Pte Ltd valued at $6.0 million (effective 2023-05-16).","evidence_excerpt":"On May 16, 2023, Celularity Inc., or Celularity, entered into a senior secured loan agreement with Resorts World Inc Pte Ltd, or RWI, providing for a loan in the aggregate principal amount of $6.0 million net of an original issue discount of $120,000, which bears interest at a rate of 12.5% per year, with the first year of interest being paid in kind on the last day of each month, and matures June 14, 2023.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1752828/000095017023022503/0000950170-23-022503-index.htm","confidence":0.98,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Resorts World Inc Pte Ltd"},{"label":"Value","value":"$6.0 million"},{"label":"Effective","value":"2023-05-16"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}