debt
confidence high
sentiment neutral
materiality 0.70
Celularity extends loan maturities to Feb 2026 via binding term sheets with RWI and Starr
Celularity Inc
- RWI binding term sheet covers three loans totaling $27M principal; maturity extended to Feb 15, 2026.
- Starr binding term sheet extends $5M loan (net $100K OID) maturity to Feb 15, 2026.
- Company to pay ~$1.3M (RWI) and ~$0.8M (Starr) in past-due interest from next public offering proceeds.
- New five-year warrants to be issued: 500k shares to RWI, 100k shares to Starr, exercise price min $1.50.
- Existing RWI and Starr warrants repriced at 90% of future closing price, floor $1.50.