secwatch.observer — SEC 8-K summary
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Issuer:     Celularity Inc (CELU)
CIK:        0001752828
Form:       8-K
Filed at:   2026-04-21T23:59:59+00:00
Accession:  0001493152-26-018220
Event type: other_material
Sentiment:  negative
Materiality: 0.75
Item codes: 1.01, 2.03, 3.03, 5.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1752828/000149315226018220/0001493152-26-018220-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1752828/000149315226018220/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-018220

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