| Issuer / Guarantor | Celcuity Inc |
|---|---|
| Size | USD 400mn |
| Type | Convertible |
| Leads | Jefferies, JP Morgan, TD Cowen, Guggenheim Securities, LifeSci Capital |
| Maturity | 01 Aug 2032 (6.1 years) |
| Coupon | 0.25 - 0.75% |
| Premium | 32.5 - 37.5% |
| Calls | NC3; PC @ 130% w table MW |
| Puts | t/o @ 100% |
| Div protection | Ratio adjustment (Full) |
| T/o protection | Make-whole table |
| CoCo | 130% to Apr 2032 (5.9 yrs) |
| Announced | 03 Jun 2026 |