Celularity Settles Claims with Helena for $1M Cash & $2.5M Note

Celularity Inc. entered into a Settlement Agreement with Helena Global Investment Opportunities 1 Ltd. on May 21, 2026, to resolve existing claims and restructure obligations. This follows Helena's prior notice of an event of default under a convertible promissory note. Under the agreement, Helena surrendered its Series A Convertible Preferred Stock, and Celularity committed to an immediate $500,000 cash payment, five subsequent monthly payments of $100,000 each, and the assignment of a $2,500,000 promissory note. The settlement aims to resolve financial disputes and clarify future obligations between the parties, with Helena's release of claims contingent on Celularity's fulfillment of these conditions.