Sec Form 13G Filing - STARR INTERNATIONAL CO INC filing for Celularity Inc (CELU) - 2023-02-13

Insider filing report for Changes in Beneficial Ownership

  • Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
  • Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934
(Amendment No. 1)*


Celularity Inc.
(Name of Issuer)

Class A Common Stock
(Title of Class of Securities)

151190105
(CUSIP Number)


December 31, 2022
(Date of Event which Requires Filing
of this Statement)



Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

[   ]     Rule 13d-1(b)
[X]     Rule 13d-1(c)
[   ]     Rule 13d-1(d)



*The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

CUSIP No. 151190105
13G
Page 2 of 9 Pages
1
NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
 
Starr International Investments Ltd.
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)  ☐
(b)  ☐
 
3
SEC USE ONLY
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Bermuda
 
NUMBER OF
SHARES
BENEFICIALLY
OWNED
BY
EACH
REPORTING
PERSON
WITH
5
SOLE VOTING POWER
 
0
6
SHARED VOTING POWER
 
15,281,389
7
SOLE DISPOSITIVE POWER
 
0
8
SHARED DISPOSITIVE POWER
 
15,281,389
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
15,281,389
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES      ☐
 
 
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
10.54%
12
TYPE OF REPORTING PERSON*
 
CO

CUSIP No. 151190105
13G
Page 3 of 8 Pages
1
NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
 
Starr International Company, Inc.
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)  ☐
(b)  ☐
 
3
SEC USE ONLY
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Switzerl and
NUMBER OF
SHARES
BENEFICIALLY
OWNED
BY
EACH
REPORTING
PERSON
WITH
5
SOLE VOTING POWER
 
0
6
SHARED VOTING POWER
 
15,281,389
7
SOLE DISPOSITIVE POWER
 
0
8
SHARED DISPOSITIVE POWER
 
15,281,389
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
15,281,389
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES      ☐
 
 
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
10.54%
12
TYPE OF REPORTING PERSON*
 
HC
 
 

EXPLANATORY NOTE:
 
This Amendment No. 1 (“Amendment No. 1”) is filed to amend the initial statement on Schedule 13G filed by the Reporting Persons with the Securities and Exchange Commission on July 26, 2021 (the “Original Schedule 13G” and, as amended herein, the “Schedule 13G”). This Amendment No. 1 amends and restates in its entirety, all information relating to the Reporting Persons and the Reporting Persons’ beneficial ownership of the Issuer’s securities, as previously reported in the Original Schedule 13G.

Item 1(a)
Name of Issuer:
   
 
Celularity Inc. (formerly known as GX Acquisition Corp.) (the “Issuer”)
   
Item 1(b)
Address of Issuer's Principal Executive Offices:
   
 
170 Park Ave
 
Florham Park, NJ 07932
   
   
Item 2(a)
Name of Person Filing:
   
 
The information required by Item 2(a) is set forth in Row 1 of the cover page hereto for each Reporting Person and is incorporated herein by reference for each such Reporting Person.
   
 
Starr International Investments Ltd. is a wholly-owned subsidiary of Starr Investment Company, Inc. and accordingly Starr International Company, Inc. may be deemed to beneficially own such shares disclosed in this form that are directly owned by Starr International Investments Ltd.
   
Item 2(b)
Address of Principal Business Office or, if none, Residence:
   
 
Starr International Investments Ltd.
 
19 Par-la-Ville Road
 
Hamilton, Bermuda HM11
   
Item 2(c)
Citizenship:
   
 
The information required by Item 2(c) is set forth in Row 4 of the cover page hereto for each Reporting Person and is incorporated herein by reference for each such Reporting Person.
   
Item 2(d)
Title of Class of Securities:
   
 
Class A Common Stock, $0.0001 par value per share (“Class A Common Stock”)
   
Item 2(e)
CUSIP Number:
   
 
151190105
   
Item 3
Statement filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c):
   
 
The information required by Item 3 is set forth in Row 12 of the cover page hereto for each Reporting Person and is incorporated herein by reference for each such Reporting Person.


Item 4
Ownership:
   
 
The information required by Items 4(a)-(c) is set forth in Rows 5-11 of the cover page hereto for each Reporting Person and is incorporated herein by reference for each such Reporting Person.
   
 
The Issuer’s securities reported on this Schedule 13G are comprised of 15,281,389 shares of Class A Common Stock. Such total amount of securities is unchanged from the Original Schedule 13G. This Schedule 13G is being filed to reflect that in the year 2022 the Reporting Persons exercised the 6,640,694 warrants to purchase shares of Class A Common Stock disclosed in the Original Schedule 13G and that, as of the date of this filing, all securities of the Issuer held by the Reporting Persons are comprised solely of Class A Common Stock.
   
 
These securities are directly owned by Starr International Investments Ltd., a wholly-owned subsidiary of Starr International Company, Inc. By virtue of this relationship, Starr International Company, Inc. may be deemed to directly own such shares disclosed in this form.
   
 
The ownership percentage disclosed in Row 11 of each cover page hereto is based on 145,013,313 outstanding shares of Class A Common Stock, as disclosed in the Issuer’s Form 10-Q filed with the Securities and Exchange Commission on November 10, 2022.
   
Item 5
Ownership of Five Percent or Less of a Class:
   

 Not Applicable
   
Item 6
Ownership of More than Five Percent on Behalf of Another Person:
   
 
Not Applicable
   
Item 7
Identification and Classification of the Subsidiary Which Acquired the Security
Being Reported on By the Parent Holding Company or Control Person:
   
 
See Exhibit 99.1.
   
Item 8
Identification and Classification of Members of the Group:
   
 
Not Applicable
   
Item 9
Notice of Dissolution of Group:
   
 
Not Applicable
   
Item 10
Certification:
   
 
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

[Remainder of page intentionally left blank]

SIGNATURE

After reasonable inquiry and to the best of the knowledge and belief of the undersigned, each of the undersigned certifies that the information set forth in this statement is true, complete and correct.

Dated:  February 13, 2023

 
STARR INTERNATIONAL INVESTMENTS LTD.
   
 
By:
/s/ Stuart Osborne                                                     
   
Name:  Stuart Osborne
   
Title:  Controller and Vice President
   
   
 
STARR INTERNATIONAL COMPANY, INC.
   
 
By:
/s/ Stuart Osborne                                                    
   
Name:  Stuart Osborne
   
Title:  President and Treasurer