NEXGEL Delays Shareholder Call, Negotiating New Financing for Celularity Deal
NEXGEL rescheduled its shareholder update call to April 23, 2026 at 4:30 P.M. ET to outline a revised financing structure for its planned Celularity Inc. acquisition. The company has abandoned its prior Securities Purchase Agreement with an institutional investor and is negotiating a new agreement with a different investor group.
1. Conference Call Rescheduling
NEXGEL rescheduled its shareholder update call to April 23, 2026 at 4:30 P.M. ET to provide investors with an update on its proposed Celularity Inc. transaction.
2. Financing Structure Revision
The company has abandoned its prior Securities Purchase Agreement with an institutional investor and is negotiating a new financing arrangement with a different group of investors.
3. Celularity Transaction Outlook
NEXGEL anticipates providing additional details on the terms, timing and funding conditions of the Celularity transaction during the conference call on April 23.