{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-24-010134","form_type":"8-K","ticker":"CELU","cik":"0001752828","company_name":"Celularity Inc","filed_at":"2024-03-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:25.399776+00:00","generated_at":"2026-06-04T17:36:50.736449+00:00","sec_items":["1.01","2.03","3.02","3.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Celularity signs $10M standby equity deal and $3.15M convertible note with Yorkville","bullets":["SEPA allows Celularity to sell up to $10M of common stock to Yorkville over 36 months at 97% of VWAP.","Yorkville provides $3.15M convertible note (8% interest, matures Mar 13, 2025) with conversion price initially $6.3171, resets to VWAP floor $2.4898.","Existing lenders RWI and Starr forbear defaults in exchange for 100bps interest increase and warrants (RWI: 300k shares at $5.895; Starr: reprice to $5.895).","Registration statement for Yorkville resale to be filed by May 3, 2024; no advances or conversions until effective.","Proceeds used for working capital; issuance capped at 19.99% of outstanding shares under Nasdaq rules."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-24-010134","json":"https://secwatch.observer/filing/0001493152-24-010134.json","markdown":"https://secwatch.observer/filing/0001493152-24-010134.md","text":"https://secwatch.observer/filing/0001493152-24-010134.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1752828/000149315224010134/0001493152-24-010134-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1752828/000149315224010134/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T17:36:50.736449+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":"d8b6d674daa5b73ca8c2c3521fbf1d48ee8d99b0","claim":"Celularity Inc incurred convertible notes of $3.15 million convertible promissory note for $2.99 million in cash with YA II PN, LTD at annual rate equal to 8.0% (increased to 18.0% in the event of default) maturing March 13, 2025.","evidence_excerpt":"Upon entry into the SEPA, Celularity issued Yorkville a $3.15 million convertible promissory note for $2.99 million in cash (after a 5% original issue discount), or the Initial Advance. The note bears interest at an annual rate equal to 8.0% (increased to 18.0% in the event of default as provided in the note), and matures March 13, 2025.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1752828/000149315224010134/0001493152-24-010134-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Principal","value":"$3.15 million convertible promissory note for $2.99 million in cash"},{"label":"Counterparty","value":"YA II PN, LTD"},{"label":"Rate","value":"annual rate equal to 8.0% (increased to 18.0% in the event of default)"},{"label":"Maturity","value":"March 13, 2025"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"3b4c1693b01dbb8c7a0397b02ee2b40e2de25840","claim":"Celularity Inc entered into Registration Rights Agreement with YA II PN, LTD (effective 2024-03-13).","evidence_excerpt":"in connection with the entry into the SEPA, on March 13, 2024, Celularity entered into a registration rights agreement with Yorkville","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1752828/000149315224010134/0001493152-24-010134-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Counterparty","value":"YA II PN, LTD"},{"label":"Effective","value":"2024-03-13"}],"fact_type":"material_agreement"},{"claim_id":"47819925e39ab22fd64ed4b6c81b3c084164d4eb","claim":"Celularity Inc entered into Standby Equity Purchase Agreement with YA II PN, LTD valued at up to $10.0 million (effective 2024-03-13).","evidence_excerpt":"On March 13, 2024, Celularity Inc., or Celularity, entered into a Standby Equity Purchase Agreement, or the SEPA, with YA II PN, LTD, a Cayman Islands exempt limited partnership, or Yorkville.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1752828/000149315224010134/0001493152-24-010134-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"YA II PN, LTD"},{"label":"Value","value":"up to $10.0 million"},{"label":"Effective","value":"2024-03-13"}],"fact_type":"material_agreement"},{"claim_id":"88e8522b40f00d92a73af72262918807fa5dbe93","claim":"Celularity Inc entered into RWI Forbearance Agreement with Resorts World Inc Pte Ltd (effective 2024-03-13).","evidence_excerpt":"On March 13, 2024, Celularity and Resorts World Inc Pte Ltd, or RWI, entered into a forbearance agreement, or the RWI Forbearance Agreement, with respect to the Second Amended and Restated Loan Agreement","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1752828/000149315224010134/0001493152-24-010134-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Resorts World Inc Pte Ltd"},{"label":"Effective","value":"2024-03-13"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}