secwatch.observer — SEC 8-K summary
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Issuer:     Celularity Inc (CELU)
CIK:        0001752828
Form:       8-K
Filed at:   2024-02-26T23:59:59+00:00
Accession:  0001493152-24-007848
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 3.03, 5.03, 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Celularity approves 1-for-10 reverse stock split; warrant issuance to RWI fails
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- Board set reverse split ratio at 1-for-10, effective 5:00 PM ET on Feb 28, 2024.
- Post-split shares outstanding expected ~21.8M (excluding fractional shares).
- Proposal to issue Tranche 2 Warrants to Resorts World Inc (RWI) failed: 66.4M for, 0.96M against.
- Stockholders also approved adjournment proposal with 134.2M votes for.
- Cash paid in lieu of fractional shares based on Feb 28 closing price adjusted by split ratio.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1752828/000149315224007848/0001493152-24-007848-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1752828/000149315224007848/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-007848

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