Celularity Inc. has announced a strategic agreement with YA II PN, Ltd. that includes the issuance of 100,000 shares of the company's restricted common stock. This move comes as part of an arrangement to extend the maturity date of a Convertible Promissory Note originally dated March 13, 2024, from May 12, 2025, to August 15, 2025. The newly issued shares will have piggyback registration rights, allowing for their resale to be included in any future registration statement filed by Celularity Inc.
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