secwatch.observer — SEC 8-K summary
======================================

Issuer:     Celcuity Inc. (CELC)
CIK:        0001603454
Form:       8-K
Filed at:   2025-08-01T23:59:59+00:00
Accession:  0001641172-25-021894
Event type: debt
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 2.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Celcuity issues $201.25M of 2.750% convertible notes due 2031; net proceeds ~$194.5M
--------------------------------------------------------------------------------

- Issued $201.25M aggregate principal of 2.750% Convertible Senior Notes due 2031; initial conversion price ~$51.30/share.
- Net proceeds of ~$194.5M after underwriting discounts and expenses; over-allotment option exercised in full.
- Notes mature Aug 1, 2031; interest payable semiannually; redeemable at company's option after Aug 6, 2029 under conditions.
- Company elected physical settlement for any conversions; notes are unsecured senior obligations.
- Proceeds intended for working capital, R&D, clinical trials, and commercial launch expenditures.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1603454/000164117225021894/0001641172-25-021894-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1603454/000164117225021894/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001641172-25-021894

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