Celcuity prices upsized USD 500 million convertible senior notes offering due 2032

Celcuity Inc.

Celcuity Inc.

CELC

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  • Celcuity priced an upsized offering of USD 500 million of 0.250% convertible senior notes due 2032, up from USD 400 million.
  • Underwriters hold a 30-day option to buy up to an additional USD 75 million of the notes to cover over-allotments.
  • Net proceeds estimated at about USD 484.3 million, rising to about USD 557 million if the option is fully exercised.
  • Proceeds earmarked to repay all obligations under its Oxford Finance loan agreement, with the balance for working capital.
  • Closing expected June 8, subject to customary conditions.


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: 202606032213PRIMZONEFULLFEED9731731) on June 04, 2026, and is solely responsible for the information contained therein.

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