Celularity Announces Initial Closing Generating Over $10M In Gross Cash Proceeds From Private Placement Of Senior Secured Convertible Notes And Warrants
Plan combines up to $25 million in new capital with restructuring of $3 million in existing debt to support commercial execution and manufacturing expansionCompany anticipates positive monthly operating cash flow by the
Celularity raised over $10 million in new money and restructured old debt. The company is working toward making more cash each month soon.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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