debt
confidence high
sentiment neutral
materiality 0.60
Celularity issues $6.81M promissory note and warrant to investor Lim Kok Thay
Celularity Inc
- Issued $6,812,230 promissory note to Lim Kok Thay, 2% interest, matures March 21, 2026, secured by all company assets.
- Issued warrant to purchase 3,700,000 shares of Class A common stock at $2.528/share, exercisable for 5 years.
- Proceeds partly used to repay principal and accrued interest on C.V. Starr & Co. loan from March 2023.
- The note and warrant were issued in unregistered transactions under exemption from registration.
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