Financing Support: Celularity has entered into two financing agreements with Philip A. Barach, co-founder of DoubleLine Capital, expected to provide up to $12 million to support its strategic priorities around longevity and human performance preservation.
Loan Structure: This includes a $7 million senior secured term loan, which secures a first-priority lien on substantially all of Celularity's assets, thereby enhancing the company's financial flexibility to advance its core technologies.
Convertible Notes: Celularity plans to issue up to $5 million in secured convertible notes with a conversion price of $1.66 per share, which is anticipated to provide additional capital liquidity to support future R&D efforts.
Strategic Partnership: Barach's investment not only reflects a recognition of Celularity's scientific foundation but also aims to provide financial support and constructive perspectives as the company navigates necessary changes for a more focused future.
CELU
$1.25+Infinity%1D
Analyst Views on CELU
Wall Street analysts forecast CELU stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CELU is 6.00 USD with a low forecast of 6.00 USD and a high forecast of 6.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
1 Analyst Rating
Wall Street analysts forecast CELU stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CELU is 6.00 USD with a low forecast of 6.00 USD and a high forecast of 6.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
1 Buy
0 Hold
0 Sell
Moderate Buy
Current: 1.300
Low
6.00
Averages
6.00
High
6.00
Current: 1.300
Low
6.00
Averages
6.00
High
6.00
No data
About CELU
Celularity Inc. is a regenerative and cellular medicine company. The Company is developing and commercializing advanced biomaterial products and allogeneic, cryopreserved, placental-derived cell therapies, all derived from the postpartum placenta. Its therapeutic programs target aging-related diseases, including degenerative diseases, cancer, and immune disorders, using mesenchymal-like adherent stromal cells, T-cells engineered with CAR (CAR T-cells), and genetically modified and unmodified natural killer (NK) cells. It develops, manufactures and commercializes advanced biomaterial products derived from structural tissue components of the postpartum placental tissues, including the umbilical cord. Its advanced biomaterials include Celularity Tendon Wrap, FUSE Bone Void Filler and Celularity Placental Matrix. Its advanced biomaterial products include Biovance, Biovance 3L, CentaFlex, Interfyl and Rebound products.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
