Celcuity launches USD 400 million convertible senior notes offering due 2032

Celcuity Inc.

Celcuity Inc.

CELC

0.00
  • Celcuity launched an underwritten public offering of USD 400 million convertible senior notes due 2032.
  • Deal includes a 30-day option for underwriters to buy up to an additional USD 60 million of notes, taking total size to USD 460 million.
  • Proceeds earmarked to repay all outstanding obligations under its Oxford Finance loan agreement, with remaining funds for working capital.
  • Notes mature Aug. 1, 2032; interest paid semi-annually; conversion terms to be set at pricing.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Celcuity Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202606030719PRIMZONEFULLFEED9731231) on June 03, 2026, and is solely responsible for the information contained therein.

This page is machine-translated. Sahm tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation. *Disclaimer: The above content only represents the author's personal position and opinion and does not represent any position of Sahm Capital Financial Company and Sahm cannot confirm the authenticity, accuracy, and originality of the above content. Investors should consider the risks of investment products in light of their circumstances before making any investment decisions. When necessary, please consult a professional investment advisor. Sahm does not provide any investment advice, nor does it make any commitments and guarantees.