Form 8-K - Current report
May 21 2024 - 8:25AM
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2024-05-21
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UNITED
STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 OR 15(d) of The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): May 21, 2024
Celularity
Inc.
(Exact
name of registrant as specified in its charter)
Delaware |
|
001-38914 |
|
83-1702591 |
(State or other jurisdiction
of incorporation) |
|
(Commission
File Number) |
|
(IRS Employer
Identification No.) |
170
Park Ave |
|
|
Florham
Park, New Jersey |
|
07932 |
(Address
of principal executive offices) |
|
(Zip
Code) |
Registrant’s telephone number, including area code: (908) 768-2170
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligations of the registrant under
any of the following provisions:
☐ |
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
|
|
☐ |
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
|
|
☐ |
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
|
|
☐ |
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities
registered pursuant to Section 12(b) of the Exchange Act:
Title
of each class |
|
Trading
Symbol(s) |
|
Name
of each exchange on which registered |
Class
A Common Stock, $0.0001 par value per share |
|
CELU |
|
The
Nasdaq Stock Market LLC |
Warrants,
each exercisable for one share of Class A Common Stock at an exercise price of $11.50 per share
|
|
CELUW |
|
The
Nasdaq Stock Market LLC |
Indicate
by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405
of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).
Emerging
growth company ☒
If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
Item
2.02 Results of Operations and Financial Condition
Although
it has not yet finalized its full financial results for the fourth quarter and fiscal year ended December 31, 2023, nor for the first
quarter ended March 31, 2024, Celularity Inc. (“Celularity”) announced on May 21, 2024, that it expects to report that it
had approximately $12.1 million of net revenue for the quarter ended December 31, 2023, and expects to have approximately $14.8 million
of net revenue for the quarter ended March 31, 2024, in each case from its biomaterial product sales and biobanking services (which are
reported on its income statement as net revenue from product sales and net revenue from services).
The
information contained in this Item 2.02 of this Current Report on Form 8-K is unaudited and preliminary and does not present all information
necessary for an understanding of Celularity’s financial condition at or as of December 31, 2023 nor March 31, 2024. The audit
of Celularity’s consolidated financial statements for the year ended December 31, 2023 and the review of Celularity’s consolidated
financial statements for the quarter ended March 31, 2024 is ongoing and could result in changes to the information set forth above.
The
information in this Item 2.02 and Exhibit 99.1 attached hereto, is being furnished and shall not be deemed “filed” for purposes
of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities
of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the
Exchange Act, except as expressly set forth by specific reference in such filing.
Item
7.01 Regulation FD Disclosures.
On
May 21, 2024, Celularity will host an Investor and Analyst Research & Development Day beginning at
12:00 p.m. EDT at its corporate headquarters in Florham Park, N.J. and virtually, at which Celularity will present and distribute a slide
presentation to provide updates and summaries of its business (the “Investor and R&D Day Presentation”). Celularity is
posting a copy of the Investor and R&D Day Presentation to the “Investor Relations” portion of its website at https://celularity.com/investor-relations/.
A copy of the Investor and R&D Day Presentation is also attached to this Current Report on Form 8-K as Exhibit 99.1. Celularity undertakes
no obligation to update, supplement or amend the Investor Day Presentation attached hereto as Exhibit 99.1.
The
information in this Item 7.01 and Exhibit 99.1 attached hereto, is being furnished and shall not be deemed “filed”
for purposes of Section 18 of the Exchange Act, or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated
by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific
reference in such filing.
Item
9.01 Financial Statements and Exhibits.
(d)
Exhibits:
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.
|
|
|
CELULARITY
INC. |
|
|
|
|
Date: |
May
21, 2024 |
By:
|
/s/
Robert J. Hariri |
|
|
|
Robert
J. Hariri, M.D., Ph.D.
|
|
|
|
Chairman
and CEO |
Exhibit 99.1
v3.24.1.1.u2
Cover
|
May 21, 2024 |
Document Type |
8-K
|
Amendment Flag |
false
|
Document Period End Date |
May 21, 2024
|
Entity File Number |
001-38914
|
Entity Registrant Name |
Celularity
Inc.
|
Entity Central Index Key |
0001752828
|
Entity Tax Identification Number |
83-1702591
|
Entity Incorporation, State or Country Code |
DE
|
Entity Address, Address Line One |
170
Park Ave
|
Entity Address, City or Town |
Florham
Park
|
Entity Address, State or Province |
NJ
|
Entity Address, Postal Zip Code |
07932
|
City Area Code |
(908)
|
Local Phone Number |
768-2170
|
Written Communications |
false
|
Soliciting Material |
false
|
Pre-commencement Tender Offer |
false
|
Pre-commencement Issuer Tender Offer |
false
|
Entity Emerging Growth Company |
true
|
Elected Not To Use the Extended Transition Period |
false
|
Class A Common Stock, $0.0001 par value per share |
|
Title of 12(b) Security |
Class
A Common Stock, $0.0001 par value per share
|
Trading Symbol |
CELU
|
Security Exchange Name |
NASDAQ
|
Warrants, each exercisable for one share of Class A Common Stock at an exercise price of $11.50 per share |
|
Title of 12(b) Security |
Warrants,
each exercisable for one share of Class A Common Stock at an exercise price of $11.50 per share
|
Trading Symbol |
CELUW
|
Security Exchange Name |
NASDAQ
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