---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-046485"
form_type: "8-K"
ticker: null
cik: "0001600847"
company_name: "Gamida Cell Ltd."
filed_at: "2024-05-24T23:59:59+00:00"
generated_at: "2026-06-01T08:43:22.258664+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 1.0
calibrated_materiality_score: 1.0
confidence: "high"
source: SEC EDGAR
---

# Gamida Cell completes debt restructuring; Highbridge takes 100% ownership; all prior equity cancelled

## Summary
- On May 24, 2024, restructuring became effective; Highbridge (via new holding co) owns 100% of ordinary shares.
- All outstanding equity (shares, options, warrants, RSUs) and 2021 Notes were cancelled; former shareholders receive contingent value rights (CVRs).
- CEO Abigail Jenkins separated effective May 24; entire board (6 members) resigned; new directors to be appointed.
- Subsidiary Gamida Cell Inc. filed Chapter 11 on May 13; plan confirmed May 22; exit financing of $50M secured debt facility from Highbridge.
- Israeli court approved Debt Arrangement on May 8; US Bankruptcy Court recognized Israeli proceeding as foreign main on May 15.

## SEC filing metadata
- accession: 0001213900-24-046485
- form_type: 8-K
- cik: 0001600847
- company_name: Gamida Cell Ltd.
- filed_at: 2024-05-24T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 1.0
- calibrated_materiality_score: 1.0
- confidence: high
- sec_items: 1.02, 3.03, 5.01, 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1600847/000121390024046485/0001213900-24-046485-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1600847/000121390024046485/ea0206762-8k_gamida.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-046485
- JSON: https://secwatch.observer/filing/0001213900-24-046485.json
- Plain text: https://secwatch.observer/filing/0001213900-24-046485.txt

## Key facts
- Executive change
  Kenneth Moch resigned as Director at Gamida Cell Ltd..
  - Action: resigned
  - Role: Director
  source text: On the Effective Date, Shawn Tomasello, Abigail Jenkins, Kenneth Moch, Julian Adams, Stephen Wills and Ivan Borrello resigned from the Board, effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1600847/000121390024046485/0001213900-24-046485-index.htm
- Executive change
  Ivan Borrello resigned as Director at Gamida Cell Ltd..
  - Action: resigned
  - Role: Director
  source text: On the Effective Date, Shawn Tomasello, Abigail Jenkins, Kenneth Moch, Julian Adams, Stephen Wills and Ivan Borrello resigned from the Board, effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1600847/000121390024046485/0001213900-24-046485-index.htm
- Executive change
  Abigail Jenkins resigned as Director at Gamida Cell Ltd..
  - Action: resigned
  - Role: Director
  source text: On the Effective Date, Shawn Tomasello, Abigail Jenkins, Kenneth Moch, Julian Adams, Stephen Wills and Ivan Borrello resigned from the Board, effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1600847/000121390024046485/0001213900-24-046485-index.htm
- Executive change
  Shawn Tomasello resigned as Director at Gamida Cell Ltd..
  - Action: resigned
  - Role: Director
  source text: On the Effective Date, Shawn Tomasello, Abigail Jenkins, Kenneth Moch, Julian Adams, Stephen Wills and Ivan Borrello resigned from the Board, effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1600847/000121390024046485/0001213900-24-046485-index.htm
- Executive change
  Abigail Jenkins departed as Chief Executive Officer at Gamida Cell Ltd..
  - Action: separated
  - Role: Chief Executive Officer
  source text: the board of directors of the Company (the “ Board ”) approved on May 16, 2024 the separation of the Company’s Chief Executive Officer, Abigail Jenkins, effective as of the Effective Date.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1600847/000121390024046485/0001213900-24-046485-index.htm
- Executive change
  Stephen Wills resigned as Director at Gamida Cell Ltd..
  - Action: resigned
  - Role: Director
  source text: On the Effective Date, Shawn Tomasello, Abigail Jenkins, Kenneth Moch, Julian Adams, Stephen Wills and Ivan Borrello resigned from the Board, effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1600847/000121390024046485/0001213900-24-046485-index.htm
- Executive change
  Julian Adams resigned as Director at Gamida Cell Ltd..
  - Action: resigned
  - Role: Director
  source text: On the Effective Date, Shawn Tomasello, Abigail Jenkins, Kenneth Moch, Julian Adams, Stephen Wills and Ivan Borrello resigned from the Board, effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1600847/000121390024046485/0001213900-24-046485-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.