AG˹ٷ

STOCK TITAN

[8-K] Celcuity Inc. Reports Material Event

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K
Rhea-AI Filing Summary

Viavi Solutions Inc. (VIAV) has filed a Form 144 disclosing that former CEO and current chairman Richard E. Belluzzo intends to sell 8,385 common shares through Morgan Stanley on or after 01 Aug 2025. Based on the form’s stated market value of $81,500, the proposed sale equals roughly 0.0038 % of the 223.2 million shares outstanding, making the transaction immaterial to the public float.

The notice also details Belluzzo’s recent trading history: over the past three months he sold 25,155 shares in seven trades, yielding approximately $234.8 k in gross proceeds. All shares derive from restricted stock granted on 22 Feb 2017; no cash was paid at acquisition.

The filing contains no financial results, guidance, or operational updates. Form 144 merely signals an intention to sell and does not guarantee execution or imply new information about Viavi’s fundamentals.

Viavi Solutions Inc. (VIAV) ha presentato un Modulo 144 comunicando che l'ex CEO e attuale presidente Richard E. Belluzzo intende vendere 8.385 azioni ordinarie tramite Morgan Stanley a partire dal 1° agosto 2025. In base al valore di mercato indicato nel modulo, pari a 81.500 $, la vendita proposta rappresenta circa lo 0,0038% delle 223,2 milioni di azioni in circolazione, rendendo la transazione irrilevante per il flottante pubblico.

La comunicazione riporta inoltre la recente attività di trading di Belluzzo: negli ultimi tre mesi ha venduto 25.155 azioni in sette operazioni, generando circa 234,8 mila $ di proventi lordi. Tutte le azioni provengono da azioni vincolate assegnate il 22 febbraio 2017; nessun pagamento in contanti è stato effettuato all'acquisizione.

Il documento non contiene risultati finanziari, previsioni o aggiornamenti operativi. Il Modulo 144 indica solo l'intenzione di vendere e non garantisce l'esecuzione né implica nuove informazioni sui fondamentali di Viavi.

Viavi Solutions Inc. (VIAV) ha presentado un Formulario 144 revelando que el ex CEO y actual presidente Richard E. Belluzzo planea vender 8,385 acciones comunes a través de Morgan Stanley a partir del 1 de agosto de 2025. Según el valor de mercado indicado en el formulario, de $81,500, la venta propuesta representa aproximadamente el 0.0038 % de las 223.2 millones de acciones en circulación, haciendo que la transacción sea insignificante para el flotante público.

El aviso también detalla el historial reciente de operaciones de Belluzzo: en los últimos tres meses vendió 25,155 acciones en siete transacciones, obteniendo aproximadamente $234.8 mil en ingresos brutos. Todas las acciones provienen de acciones restringidas otorgadas el 22 de febrero de 2017; no se pagó efectivo en la adquisición.

El formulario no contiene resultados financieros, pronósticos ni actualizaciones operativas. El Formulario 144 solo indica la intención de vender y no garantiza la ejecución ni implica nueva información sobre los fundamentos de Viavi.

Viavi Solutions Inc. (VIAV)� � CEO이자 � 회장� Richard E. Belluzzo가 2025� 8� 1� 이후 Morgan Stanley� 통해 8,385 보통주를 매각� 계획임을 알리� Form 144� 제출했습니다. 양식� 명시� 시장 가치인 $81,500� 기준으로, 제안� 매각은 전체 발행 주식 2� 2,320� 주의 � 0.0038%� 해당하여 공중 유통 주식� 미미� 영향만을 미칩니다.

해당 통지서에� Belluzzo� 최근 거래 내역� 포함되어 있습니다: 지� 3개월� 그는 7건의 거래에서 25,155 주를 매도하여 � $234,800� � 수익� 올렸습니�. 모든 주식은 2017� 2� 22일에 부여된 제한 주식에서 나온 것으�, 취득 � 현금 지급은 없었습니�.

해당 제출 문서에는 재무 실적, 전망 또는 운영 업데이트가 포함되어 있지 않습니다. Form 144� 단순� 매도 의사� 알리� 것이�, 거래 실행� 보장하거� Viavi� 기본 사항� 관� 새로� 정보� 의미하지 않습니다.

Viavi Solutions Inc. (VIAV) a déposé un formulaire 144 révélant que l'ancien PDG et actuel président Richard E. Belluzzo a l'intention de vendre 8 385 actions ordinaires via Morgan Stanley à compter du 1er août 2025. Selon la valeur de marché indiquée dans le formulaire, soit 81 500 $, la vente proposée représente environ 0,0038 % des 223,2 millions d'actions en circulation, rendant la transaction insignifiante pour le flottant public.

L'avis détaille également l'historique récent des transactions de Belluzzo : au cours des trois derniers mois, il a vendu 25 155 actions en sept opérations, générant environ 234,8 k $ de produits bruts. Toutes les actions proviennent d'actions restreintes attribuées le 22 février 2017 ; aucun paiement en espèces n'a été effectué lors de l'acquisition.

Le dépôt ne contient aucun résultat financier, prévisions ou mises à jour opérationnelles. Le formulaire 144 signale uniquement une intention de vente et ne garantit pas l'exécution ni n'implique de nouvelles informations sur les fondamentaux de Viavi.

Viavi Solutions Inc. (VIAV) hat ein Formular 144 eingereicht, das offenlegt, dass der ehemalige CEO und derzeitige Vorsitzende Richard E. Belluzzo beabsichtigt, 8.385 Stammaktien über Morgan Stanley ab dem 1. August 2025 zu verkaufen. Basierend auf dem im Formular angegebenen Marktwert von 81.500 $ entspricht der geplante Verkauf etwa 0,0038 % der 223,2 Millionen ausstehenden Aktien, was die Transaktion für den Streubesitz unerheblich macht.

Die Mitteilung enthält auch Belluzzos jüngste Handelshistorie: In den letzten drei Monaten verkaufte er 25.155 Aktien in sieben Transaktionen und erzielte dabei rund 234.800 $ Bruttoerlös. Alle Aktien stammen aus eingeschränkten Aktien, die am 22. Februar 2017 gewährt wurden; bei der Erwerbung wurde kein Bargeld gezahlt.

Die Einreichung enthält keine Finanzergebnisse, Prognosen oder operative Updates. Formular 144 signalisiert lediglich die Verkaufsabsicht und garantiert weder die Ausführung noch impliziert es neue Informationen zu den Fundamentaldaten von Viavi.

Positive
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Insights

TL;DR: Small insider sale (0.0038 % float); neutral for valuation.

Belluzzo’s potential $81 k sale is negligible relative to VIAV’s market capitalization and follows modest selling activity earlier this quarter. There is no accompanying business disclosure, so the filing neither strengthens nor weakens the investment thesis. Insider selling can sometimes foreshadow caution, but the size and frequency here appear consistent with routine diversification. I see no material impact on earnings, liquidity, or share supply.

TL;DR: Routine Rule 144 notice; governance implications minimal.

The company continues to follow proper disclosure protocols. All sales are aggregated as required, and the representation that no undisclosed adverse information exists aligns with best-practice compliance. The limited share count and transparent broker arrangement suggest standard portfolio management rather than a strategic exit. Governance risk remains unchanged.

Viavi Solutions Inc. (VIAV) ha presentato un Modulo 144 comunicando che l'ex CEO e attuale presidente Richard E. Belluzzo intende vendere 8.385 azioni ordinarie tramite Morgan Stanley a partire dal 1° agosto 2025. In base al valore di mercato indicato nel modulo, pari a 81.500 $, la vendita proposta rappresenta circa lo 0,0038% delle 223,2 milioni di azioni in circolazione, rendendo la transazione irrilevante per il flottante pubblico.

La comunicazione riporta inoltre la recente attività di trading di Belluzzo: negli ultimi tre mesi ha venduto 25.155 azioni in sette operazioni, generando circa 234,8 mila $ di proventi lordi. Tutte le azioni provengono da azioni vincolate assegnate il 22 febbraio 2017; nessun pagamento in contanti è stato effettuato all'acquisizione.

Il documento non contiene risultati finanziari, previsioni o aggiornamenti operativi. Il Modulo 144 indica solo l'intenzione di vendere e non garantisce l'esecuzione né implica nuove informazioni sui fondamentali di Viavi.

Viavi Solutions Inc. (VIAV) ha presentado un Formulario 144 revelando que el ex CEO y actual presidente Richard E. Belluzzo planea vender 8,385 acciones comunes a través de Morgan Stanley a partir del 1 de agosto de 2025. Según el valor de mercado indicado en el formulario, de $81,500, la venta propuesta representa aproximadamente el 0.0038 % de las 223.2 millones de acciones en circulación, haciendo que la transacción sea insignificante para el flotante público.

El aviso también detalla el historial reciente de operaciones de Belluzzo: en los últimos tres meses vendió 25,155 acciones en siete transacciones, obteniendo aproximadamente $234.8 mil en ingresos brutos. Todas las acciones provienen de acciones restringidas otorgadas el 22 de febrero de 2017; no se pagó efectivo en la adquisición.

El formulario no contiene resultados financieros, pronósticos ni actualizaciones operativas. El Formulario 144 solo indica la intención de vender y no garantiza la ejecución ni implica nueva información sobre los fundamentos de Viavi.

Viavi Solutions Inc. (VIAV)� � CEO이자 � 회장� Richard E. Belluzzo가 2025� 8� 1� 이후 Morgan Stanley� 통해 8,385 보통주를 매각� 계획임을 알리� Form 144� 제출했습니다. 양식� 명시� 시장 가치인 $81,500� 기준으로, 제안� 매각은 전체 발행 주식 2� 2,320� 주의 � 0.0038%� 해당하여 공중 유통 주식� 미미� 영향만을 미칩니다.

해당 통지서에� Belluzzo� 최근 거래 내역� 포함되어 있습니다: 지� 3개월� 그는 7건의 거래에서 25,155 주를 매도하여 � $234,800� � 수익� 올렸습니�. 모든 주식은 2017� 2� 22일에 부여된 제한 주식에서 나온 것으�, 취득 � 현금 지급은 없었습니�.

해당 제출 문서에는 재무 실적, 전망 또는 운영 업데이트가 포함되어 있지 않습니다. Form 144� 단순� 매도 의사� 알리� 것이�, 거래 실행� 보장하거� Viavi� 기본 사항� 관� 새로� 정보� 의미하지 않습니다.

Viavi Solutions Inc. (VIAV) a déposé un formulaire 144 révélant que l'ancien PDG et actuel président Richard E. Belluzzo a l'intention de vendre 8 385 actions ordinaires via Morgan Stanley à compter du 1er août 2025. Selon la valeur de marché indiquée dans le formulaire, soit 81 500 $, la vente proposée représente environ 0,0038 % des 223,2 millions d'actions en circulation, rendant la transaction insignifiante pour le flottant public.

L'avis détaille également l'historique récent des transactions de Belluzzo : au cours des trois derniers mois, il a vendu 25 155 actions en sept opérations, générant environ 234,8 k $ de produits bruts. Toutes les actions proviennent d'actions restreintes attribuées le 22 février 2017 ; aucun paiement en espèces n'a été effectué lors de l'acquisition.

Le dépôt ne contient aucun résultat financier, prévisions ou mises à jour opérationnelles. Le formulaire 144 signale uniquement une intention de vente et ne garantit pas l'exécution ni n'implique de nouvelles informations sur les fondamentaux de Viavi.

Viavi Solutions Inc. (VIAV) hat ein Formular 144 eingereicht, das offenlegt, dass der ehemalige CEO und derzeitige Vorsitzende Richard E. Belluzzo beabsichtigt, 8.385 Stammaktien über Morgan Stanley ab dem 1. August 2025 zu verkaufen. Basierend auf dem im Formular angegebenen Marktwert von 81.500 $ entspricht der geplante Verkauf etwa 0,0038 % der 223,2 Millionen ausstehenden Aktien, was die Transaktion für den Streubesitz unerheblich macht.

Die Mitteilung enthält auch Belluzzos jüngste Handelshistorie: In den letzten drei Monaten verkaufte er 25.155 Aktien in sieben Transaktionen und erzielte dabei rund 234.800 $ Bruttoerlös. Alle Aktien stammen aus eingeschränkten Aktien, die am 22. Februar 2017 gewährt wurden; bei der Erwerbung wurde kein Bargeld gezahlt.

Die Einreichung enthält keine Finanzergebnisse, Prognosen oder operative Updates. Formular 144 signalisiert lediglich die Verkaufsabsicht und garantiert weder die Ausführung noch impliziert es neue Informationen zu den Fundamentaldaten von Viavi.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

 

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): July 30, 2025

 

Celcuity Inc.

(Exact name of Registrant as Specified in its Charter)

 

Delaware   001-38207   82-2863566

(State or Other Jurisdiction

of Incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification No.)

 

16305 36th Avenue North, Suite 100

Minneapolis, Minnesota 55446

(Address of Principal Executive Offices and Zip Code)

 

(763) 392-0767

(Registrant’s telephone number, including area code)

 

Not Applicable

(Former Name or Former Address, if Changed Since Last Report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
Common Stock, $0.001 par value per share   CELC   The Nasdaq Stock Market LLC

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

 

Emerging growth company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

 
 

 

Item 1.01 Entry into a Material Definitive Agreement.

 

On July 30, 2025, Celcuity Inc. (the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”) with Jefferies LLC, TD Securities (USA) LLC, and Leerink Partners LLC as representatives (the “Representatives”) of the several underwriters named therein (collectively, the “Underwriters”) agreeing, subject to customary conditions, to issue and sell in a public offering $175,000,000 aggregate principal amount of the Company’s 2.750% Convertible Senior Notes due 2031 (the “Notes”) to the Underwriters (the “Offering”). In addition, pursuant to the Underwriting Agreement, the Company granted the Underwriters an option to purchase up to an additional $26,250,000 aggregate principal amount of Notes solely to cover over-allotments. On July 30, 2025, the Underwriters exercised such option to purchase an additional $26,250,000 aggregate principal amount of Notes. The issuance of $201,250,000 aggregate principal amount of Notes was completed on August 1, 2025. The Notes were issued pursuant to, and are governed by, an indenture (the “Base Indenture”), dated as of August 1, 2025, between the Company and U.S. Bank Trust Company, National Association, as trustee (the “Trustee”), as supplemented by a first supplemental indenture (the “Supplemental Indenture,” and the Base Indenture, as supplemented by the Supplemental Indenture, the “Indenture”), dated as of August 1, 2025, between the Company and the Trustee.

 

The Notes are general, unsecured, senior obligations of the Company. The Notes will accrue interest payable semiannually in arrears on February 1 and August 1 of each year, beginning on February 1, 2026, at a rate equal to 2.750% per year. In addition, special interest will accrue on the Notes upon the occurrence of certain events relating to the Company’s failure to file certain reports with the U.S. Securities and Exchange Commission (the “SEC”) as provided in the Indenture and as described below. The Notes will mature on August 1, 2031, unless earlier converted, redeemed or repurchased by the Company.

 

Noteholders may convert their Notes at their option at any time prior to the close of business on the scheduled trading day immediately preceding the maturity date based on an initial conversion rate of 19.4932 shares of the Company’s common stock, par value $0.001 per share (the “Common Stock”), per $1,000 principal amount of the Notes, which is equivalent to an initial conversion price of approximately $51.30 per share of Common Stock. The conversion rate is subject to customary adjustments upon the occurrence of certain events as described in the Indenture. In addition, if certain corporate events that constitute a “Make-Whole Fundamental Change” (as defined in the Indenture) occur, then the conversion rate will, in certain circumstances, be increased for a specified period of time.

 

The Notes will be redeemable, in whole or in part (subject to certain limitations described below), at the Company’s option at any time, and from time to time, on a redemption date on or after August 6, 2029 and on or before the 51st scheduled trading day immediately before the maturity date, at a cash redemption price equal to the principal amount of the Notes to be redeemed, plus accrued and unpaid interest, if any, to, but excluding, the redemption date, but only if the last reported sale price per share of the Common Stock exceeds 130% of the conversion price on (i) each of at least 20 trading days, whether or not consecutive, during the 30 consecutive trading days ending on, and including, the trading day immediately before the date the Company sends the related redemption notice; and (ii) the trading day immediately before the date the Company sends such notice. However, the Company may not redeem less than all of the outstanding Notes unless at least $50.0 million aggregate principal amount of Notes are outstanding and not called for redemption as of the time the Company sends the related redemption notice. In addition, calling any Note for redemption will constitute a Make-Whole Fundamental Change with respect to that Note, in which case the conversion rate applicable to the conversion of that Note will be increased in certain circumstances if it is converted after it is called for redemption.

 

If a “Fundamental Change” (as defined in the Indenture) occurs, then, subject to certain conditions and except as set forth in the Indenture, noteholders may require the Company to repurchase their Notes at a cash repurchase price equal to the principal amount of the Notes to be repurchased, plus accrued and unpaid interest, if any, to, but excluding, the fundamental change repurchase date. The definition in the Indenture of a Fundamental Change includes certain business combination transactions involving the Company and certain de-listing events with respect to the Common Stock.

 

 
 

 

The Notes will have customary provisions relating to the occurrence of “Events of Default” (as defined in the Indenture), which include the following: (i) certain payment defaults on the Notes (which, in the case of a default in the payment of interest on the Notes, will be subject to a 30-day cure period); (ii) the Company’s failure to send certain notices under the Indenture within specified periods of time; (iii) the Company’s failure to convert a Note in accordance with the Indenture within a specified period of time; (iv) the Company’s failure to comply with certain covenants in the Indenture relating to the Company’s ability to consolidate with or merge with or into, or sell, lease or otherwise transfer, in one transaction or a series of transactions, all or substantially all of the assets of the Company and its subsidiaries, taken as a whole, to another person; (v) a default by the Company in its other obligations or agreements under the Indenture or the Notes if such default is not cured or waived within 60 days after notice is given in accordance with the Indenture; (vi) certain defaults by the Company or any of its significant subsidiaries with respect to indebtedness for borrowed money of at least $15,000,000; (vii) certain events of bankruptcy, insolvency and reorganization involving the Company or any of its significant subsidiaries; and (viii) certain judgments being rendered against the Company or any of its significant subsidiaries for the payment of at least $15,000,000.

 

If an Event of Default involving bankruptcy, insolvency or reorganization events with respect to the Company (and not solely with respect to a significant subsidiary of the Company) occurs, then the principal amount of, and all accrued and unpaid interest, if any, on, all of the Notes then outstanding will immediately become due and payable without any further action or notice by any person. If any other Event of Default occurs and is continuing, then, the Trustee, by notice to the Company, or noteholders of at least 25% of the aggregate principal amount of Notes then outstanding, by notice to the Company and the Trustee, may declare the principal amount of, and all accrued and unpaid interest, if any, on, all of the Notes then outstanding to become due and payable immediately. However, notwithstanding the foregoing, the Company may elect, at its option, that the sole remedy for an Event of Default relating to certain failures by the Company to comply with certain reporting covenants in the Indenture consists exclusively of the right of the noteholders to receive special interest on the Notes for up to 365 days, at a rate per annum equal to 0.25% of the principal amount of the Notes for the first 180 days on which special interest accrues and, thereafter, at a rate per annum equal to 0.50% of the principal amount thereof.

 

The above description of the Underwriting Agreement, the Indenture and the Notes is a summary and is not complete. The Underwriting Agreement contains customary representations, warranties, covenants, indemnification obligations of the Company and the Underwriters, including for liabilities under the Securities Act of 1933, as amended, and other obligations of the parties. The representations, warranties and covenants contained in the Underwriting Agreement were made only for purposes of such agreement and as of specific dates, were solely for the benefit of the parties to such agreement and may be subject to limitations agreed upon by such parties. A copy of the Underwriting Agreement, the Base Indenture, the Supplemental Indenture and the form of the certificate representing the Notes are filed as Exhibits 1.1, 4.1, 4.2 and 4.3, respectively, to this Current Report on Form 8-K, and the above summary is qualified in its entirety by reference to the terms of the Underwriting Agreement, the Base Indenture, the Supplemental Indenture and the Notes set forth in such exhibits.

 

The Notes contain a beneficial ownership limitation, and as a result of such limitation, noteholders do not have the right to convert all or any portion of the Notes held by such noteholder, to the extent that immediately prior to, or immediately after giving effect to such conversion by such noteholder, together with its affiliates and any other persons acting as a group together with such noteholder or any of such noteholder’s affiliates, would beneficially own in excess of 4.99% of the number of shares of our Common Stock outstanding immediately prior to, and immediately after giving effect to, the conversion of all or any portion of the Notes; provided, that such 4.99% beneficial ownership can be increased or decreased at the discretion of the noteholder; provided further, that such limitation in no event can exceed 19.99%.

 

The net proceeds from the Offering, after deducting underwriting discounts and commissions and offering expenses, were approximately $194.5 million, including the proceeds from the Underwriters’ exercise of their over-allotment option in full. The Company intends to use the net proceeds from the Offering for working capital and general corporate purposes, which may include capital expenditures, research and development expenditures, clinical trial expenditures, commercial launch expenditures, expansion of business development activities and other general corporate purposes.

 

To the extent that any shares of Common Stock are issued upon conversion of the Notes, they will be issued in transactions anticipated to be exempt from registration under the Securities Act by virtue of Section 3(a)(9) thereof because no commission or other remuneration is expected to be paid in connection with conversion of the Notes and any resulting issuance of shares of Common Stock. Initially, a maximum of 5,296,034 shares of Common Stock may be issued upon conversion of the Notes based on the initial maximum conversion rate of 26.3157 shares of Common Stock per $1,000 principal amount of Notes, which is subject to customary anti-dilution adjustment provisions.

 

The Offering was made pursuant to a prospectus supplement, dated July 30, 2025 (the “Prospectus Supplement”), filed with the SEC on July 31, 2025 and an accompanying base prospectus that forms a part of the registration statement on Form S-3 (File No. 333-281887), which was declared effective by the SEC on December 2, 2024. This Current Report on Form 8-K does not constitute an offer to sell or a solicitation of an offer to buy any of the Notes.

 

A copy of the opinion of Faegre Drinker Biddle & Reath LLP, relating to the validity of the Notes and the Common Stock underlying the Notes in connection with the Offering, is filed as Exhibit 5.1 to this Current Report on Form 8-K.

 

 
 

 

Item 2.03 Creation of a Direct Financial Obligation or an Off-Balance Sheet Arrangement.

 

The disclosure set forth in Item 1.01 above is incorporated by reference into this Item 2.03.

 

Item 8.01 Other Events.

 

Pursuant to Section 5.03(A)(ii) of the Supplemental Indenture, the Company has irrevocably elected to fix the Settlement Method (as defined in the Supplemental Indenture) to Physical Settlement (as defined in the Supplemental Indenture) for any Conversion (as defined in the Supplemental Indenture) of the Notes for which the relevant Conversion Date (as defined in the Supplemental Indenture) occurs subsequent to the date hereof.

 

Forward-Looking Statements

 

This Current Report on Form 8-K contains “forward-looking” statements, as that term is defined under the federal securities laws, including but not limited to statements regarding the Offering, the Company’s expectations regarding the expected net proceeds from the Offering and the use of those net proceeds. These forward-looking statements are based on the Company’s current assumptions, expectations and beliefs and are subject to substantial risks, uncertainties, assumptions and changes in circumstances that may cause the Company’s plans to differ materially from those expressed or implied in any forward-looking statement. These risks include, but are not limited to, market risks, trends and conditions, and those risks described in the Company’s filings with the SEC from time to time, particularly under the captions “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations,” including the Annual Report on Form 10-K for the fiscal year ended December 31, 2024, the Quarterly Report on Form 10-Q for the fiscal quarter ended March 31, 2025 and subsequent filings with the SEC. Copies of these documents may be obtained by visiting the SEC’s website at www.sec.gov. These forward-looking statements represent the Company’s estimates and assumptions only as of the date of this Current Report on Form 8-K. The Company assumes no obligation and does not intend to update these forward-looking statements, except as required by law.

 

Item 9.01 Financial Statements and Exhibits.

 

(d) Exhibits

 

1.1   Underwriting Agreement, dated as of August 1, 2025, between Celcuity Inc. and the representatives of the underwriters named therein, relating to the issuance and sale of 2.750% Convertible Senior Notes due 2031.
4.1   Indenture, dated as of August 1, 2025, between Celcuity Inc. and U.S. Bank Trust Company, National Association, as trustee.
4.2   First Supplemental Indenture, dated as of August 1, 2025, between Celcuity Inc. and U.S. Bank Trust Company, National Association, as trustee.
4.3   Form of certificate representing the 2.750% Convertible Senior Notes due 2031 (included as Exhibit A in Exhibit 4.2).
5.1   Opinion of Faegre Drinker Biddle & Reath LLP.
23.1   Consent of Faegre Drinker Biddle & Reath LLP (included in Exhibit 5.1).
104   Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

 
 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

Date: August 1, 2025

 

  CELCUITY INC.
   
  By: /s/ Brian F. Sullivan
    Brian F. Sullivan
    Chief Executive Officer

 

 

 

 

FAQ

How many Viavi (VIAV) shares does Richard E. Belluzzo plan to sell?

The Form 144 lists 8,385 common shares for potential sale.

What is the dollar value of the proposed insider sale?

At the disclosed market price, the sale is valued at approximately $81,500.

What percentage of Viavi’s outstanding shares does the sale represent?

About 0.0038 % of the company’s 223,236,654 shares outstanding.

Has the insider sold Viavi stock recently?

Yes. Over the past three months Belluzzo sold 25,155 shares for roughly $234.8 k in gross proceeds.

Does the Form 144 filing indicate any change in Viavi’s business outlook?

No. A Form 144 only discloses an intent to sell shares and provides no operational or financial guidance.
Celcuity Inc

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Biotechnology
Services-medical Laboratories
United States
MINNEAPOLIS