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StemCells, Inc. Announces $12.5 Million Equity Financing.

Publication: Investment Weekly News
Publication Date: 14-NOV-09
Format: Online
Delivery: Immediate Online Access

Article Excerpt
StemCells, Inc. (NASDAQ:STEM) announced that it has entered into an agreement to raise approximately $12.5 million in gross proceeds through the sale of approximately 10 million shares of its common stock to selected institutional investors at a price of $1.25 per share. The investors will also receive warrants to...

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