Celularity retires $41.6 million senior secured debt through IP sale
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Celularity Completes Major Balance Sheet Restructuring, Retires All $41.6 Million in Senior Secured Debt
August 18, 2025 8:00 AM EDTRetired all principal and accrued interest owed its two senior secured lenders, Resorts World Inc. Pte. Ltd., or RWI, and C.V. Starr and Co., Inc., eliminating all senior secured debt from its balance sheet.Entered into an Asset Purchase Agreement with Celeniv Pte. Ltd., or Celeniv, to monetize Celularity intellectual property assets and eliminate senior secured debt. In connection therewith entered into a License Agreement with Celeniv to license back the intellectual property assets on an exclusive basis with an exclusive five-year repurchase... More
