other material
confidence high
sentiment negative
materiality 0.60
Celularity private placement terminated after investor fails to pay subscription amount
Celularity Inc
- Celularity terminated securities purchase agreement with institutional investor for 1,263,157 shares and warrants at $2.375/share.
- On Jan 23, 2025, notified investor that agreement expired due to non-receipt of subscription amount.
- The previously announced private placement will not be consummated.
- The agreement was initially disclosed on January 3, 2025.