secwatch.observer — SEC 8-K summary
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Issuer:     Celularity Inc (CELU)
CIK:        0001752828
Form:       8-K
Filed at:   2023-04-07T23:59:59+00:00
Accession:  0001193125-23-094337
Event type: other_material
Sentiment:  negative
Materiality: 0.65
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Celularity raises $6M in registered direct offering at $0.65/unit; existing warrants repriced to $0.75
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- Celularity sells 9,230,770 shares and warrants for ~$6M total gross proceeds at $0.65 per combined unit.
- New warrants have exercise price of $0.75, exercisable 6 months after issuance, expire 5 years later.
- Existing warrants on 4,054,055 shares amended: exercise price cut from $8.25 to $0.75, expiration extended.
- Proceeds to be used for working capital and repayment of a pre-paid advance agreement with YA II PN, Ltd.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1752828/000119312523094337/0001193125-23-094337-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1752828/000119312523094337/d494893d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-094337

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