Celularity Settles With Helena: $500K Upfront, $2.5M Note
Celularity Reaches Settlement with Helena
Celularity entered into a Settlement Agreement with Helena Global Investment Opportunities 1 to resolve claims and restructure obligations tied to prior financing arrangements. Helena surrendered its Series A Convertible Preferred Stock, while Celularity agreed to pay $500,000 upfront and five monthly payments of $100,000, and to assign certain rights under a $2.5 million promissory note.
Agreement Details
Related settlement documents include an amendment to the existing security agreement. The release of claims is contingent on Celularity meeting specified conditions. Agreement type: Settlement agreement to restructure preferred and note obligations. Counterparty: Helena Global Investment Opportunities 1. Signed/Effective: May 21, 2026. Duration: 5 months. Reason: Resolve disputes and restructure financing obligations.
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