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Equity (Tables)
12 Months Ended
Dec. 31, 2022
Stockholders' Equity Note [Abstract]  
Summary of the Warrants A summary of the warrants is as follows:

 

 

 

Number of
Shares

 

 

Exercise
Price

 

 

 

Expiration
Date

Dragasac Warrant

 

 

6,529,818

 

 

$

6.77

 

*

 

March 16, 2025

Public Warrants

 

 

14,374,488

 

 

$

11.50

 

 

 

July 16, 2026

Sponsor Warrants

 

 

8,499,999

 

 

$

11.50

 

 

 

July 16, 2026

May 2022 PIPE Warrants

 

 

4,054,055

 

 

$

8.25

 

 

 

May 20, 2027

 

 

 

33,458,360

 

 

 

 

 

 

 

 

* The exercise price is the lessor of $6.77 per share or 80% of either (i) the value attributed to one share of Legacy Celularity Series B Preferred Stock upon consummation of a change in control or the closing of a strategic transaction or (ii) the price at which one share of common stock is sold to the public market in an initial public offering.