secwatch.observer — SEC 8-K summary
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Issuer:     Celularity Inc (CELU)
CIK:        0001752828
Form:       8-K
Filed at:   2023-05-19T23:59:59+00:00
Accession:  0000950170-23-023264
Event type: other_material
Sentiment:  negative
Materiality: 0.75
Item codes: 1.01, 3.02, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Celularity raises $3.75M in PIPE; COO Glover resigns effective May 31
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- Raised ~$3.75M via private placement of 5.8M shares at $0.52/share and warrants at $0.125/warrant.
- COO Bradley Glover resigned effective May 31, 2023; departure not due to disagreement.
- Warrants for up to 5.8M shares at $1.00, expiring May 18, 2028; proceeds for working capital.
- Registration rights agreement filed to register resale of shares and warrant shares.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1752828/000095017023023264/0000950170-23-023264-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1752828/000095017023023264/celu-20230516.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-023264

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