secwatch.observer — SEC 8-K summary
======================================

Issuer:     Celularity Inc (CELU)
CIK:        0001752828
Form:       8-K
Filed at:   2025-02-18T23:59:59+00:00
Accession:  0001493152-25-007097
Event type: debt
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Celularity extends loan maturities to Feb 2026 via binding term sheets with RWI and Starr
--------------------------------------------------------------------------------

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1752828/000149315225007097/0001493152-25-007097-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1752828/000149315225007097/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-25-007097

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer