secwatch.observer — SEC 8-K summary
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Issuer:     Celularity Inc (CELU)
CIK:        0001752828
Form:       8-K
Filed at:   2025-03-21T23:59:59+00:00
Accession:  0001493152-25-011156
Event type: other_material
Sentiment:  negative
Materiality: 0.65
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Celularity extends note maturity to May 12, 2025; issues 100k shares as forbearance fee
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- Extended convertible note maturity from March 13 to May 12, 2025; Yorkville forbears from default until then.
- Outstanding obligation of $2,152,602.74 plus accrued interest; issued 100,000 Class A shares as forbearance fee.
- Original $3.15M note from March 2024; company had default events (failure to file/effect registration statement).
- Shares issued under Section 4(a)(2) exemption with piggyback registration rights.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1752828/000149315225011156/0001493152-25-011156-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1752828/000149315225011156/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-25-011156

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