secwatch.observer — SEC 8-K summary
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Issuer:     Celularity Inc (CELU)
CIK:        0001752828
Form:       8-K
Filed at:   2026-05-28T20:54:19+00:00
Accession:  0001493152-26-025646
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Celularity settles Helena dispute; pays $500K cash, $500K installments, assigns $2.5M NEXGEL note
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- Settlement with Helena Global resolves claims over Series A convertible preferred stock and promissory note.
- Company pays $500,000 at closing plus five monthly payments of $100,000 each.
- Company assigns to Helena a $2,500,000 promissory note from NEXGEL, Inc. related to biomaterials asset sale.
- Holder's release of claims is conditional on full payment of cash, all installments, and note assignment.
- Security agreement remains in effect until all obligations are satisfied; release only upon final payment.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1752828/000149315226025646/0001493152-26-025646-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1752828/000149315226025646/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-025646

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