Core Viewpoint - Celularity Inc. has successfully restructured its balance sheet by retiring all senior secured debt amounting to $32.0 million and associated unpaid interest of $9.6 million through an Asset Purchase Agreement and a License Agreement with Celeniv Pte. Ltd. [1][4] Financial Restructuring - The company sold its intellectual property assets to Celeniv for $33,812,230, which was utilized to pay off a $27 million senior secured loan and a $6.812 million Promissory Note [3][5] - The restructuring has resulted in the complete removal of senior secured debt, which was due for repayment in February 2026, enhancing the company's financial flexibility [4][5] Agreements and Options - Under the License Agreement, Celularity retains exclusive rights to use the intellectual property for an initial term of five years, with options for renewal and repurchase [2][4] - The company has an exclusive five-year option to repurchase the assets from Celeniv, providing additional strategic flexibility [2][4] Internal Restructuring - Celularity has established operating subsidiaries for its four commercial business units: advanced biomaterial products, longevity-focused cellular therapeutics, biobanking services, and contract manufacturing and development services [5][6] - This internal restructuring aims to optimize efficiency and financial performance across its commercial units [5][7] Company Overview - Celularity Inc. focuses on developing, manufacturing, and commercializing advanced biomaterial products and cell therapies derived from postpartum placenta, targeting age-related and degenerative diseases [8]