Celularity closes $13.3M NexGel asset sale; Helena default notice on $1.97M note

Celularity Inc

Closed asset sale to NexGel for $13.3M ($8.3M cash + $5M note), retired ~$13M debt.
Eligible for up to $20M milestones and royalties on net sales.
Helena exchanged for $1.97M note at 18%; default notice for late 10-K; potential 115% acceleration.
Co. terminated John Haines (SVP/CAO) and Stephen Brigido resigned (President, Degenerative).

item 1.01item 2.03item 3.03item 5.02item 8.01item 9.01

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.