other material
confidence high
sentiment neutral
materiality 0.60
Celularity raises $3.0M via private placement of common stock and warrants
Celularity Inc
- Issued 1,263,157 shares of Class A common stock and warrants to purchase up to 1,263,157 shares at $2.375 per unit.
- Warrants exercisable after 6 months at $2.97 per share, expire 5 years from issuance.
- Gross proceeds of $3.0M; closing expected during week of January 6, 2025.
- Net proceeds will be used for working capital and general corporate purposes.