Navigation Links
NeoStem Raises $5 Million in Registered Direct Offering
Date:6/25/2010

NEW YORK, June 25 /PRNewswire-Asia-FirstCall/ -- NeoStem, Inc. (NYSE Amex: NBS) ("NeoStem" or the "Company"), an international biopharmaceutical company with operations in the U.S. and China, announced today that the Company has entered into definitive agreements with certain accredited investors (the "Investors") to sell in a registered direct offering 2,325,582 units with an aggregate gross offering price of $5 million. Each unit was priced at $2.15 and consists of one share of common stock and a warrant which will allow the Investor, for a period of two years, to purchase .25 share of common stock at a per share price of $2.75. The warrants may be called by the Company in the event that the common stock trades over $4.50 for 10 consecutive trading days. If fully exercised the warrants would result in additional gross proceeds to the Company of $1,598,837.

On the conclusion of the direct offering, Dr. Robin Smith, Chairman and CEO noted, "We were pleased by the participation of new institutional investors. We remain committed to expanding our revenue opportunities in China, both through our pharmaceutical business and recently launched adult stem cell initiatives." The Company intends to use the net proceeds from this offering for the construction of lab facilities in China, stem cell-related research and development projects, development and licensing of new pharmaceutical products in China, and for working
'/>"/>

SOURCE NeoStem, Inc.
Copyright©2010 PR Newswire.
All rights reserved

Page: 1 2 3 4

Related biology technology :

1. NeoStem Selected to Present at American Society for Apheresis
2. NeoStems Advanced Adult Stem Cell Technology to be Featured at Upcoming Conference
3. NeoStem to Ring Opening Bell at New York Stock Exchange on May 27, 2010
4. NeoStem Announces Conversion of Convertible Preferred Stock by Principal Shareholder
5. NeoStem Provides Update on its Pharmaceutical Subsidiary Suzhou Erye
6. NeoStem, Inc. to Present at NASDAQ MarketSite
7. NeoStem, Inc. and ImmuneRegen BioSciences(R) Announce a Collaborative Agreement to Advance Stem Cell Technology
8. NeoStem Appoints Deloitte & Touche as New Independent Registered Public Accounting Firm
9. NeoStem Announces Presentation Time Change at Roth Capital Partners 22nd Annual OC Growth Stock Conference
10. NeoStem Enters into SRA with University of Michigan; Funding from NIH Stem Cell Research Grant
11. NeoStem Prices Public Offering of 5,000,000 Shares of Common Stock
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:9/18/2014)... , Sept. 18, 2014 Research and ... "Global and Chinese Stem Cell Industry Report, 2014-2017" ... are undifferentiated biological cells that can differentiate into specialized ... stem cells. Stem cell therapy can be applied to ... system disease), nervous system diseases, damage or lesion of ...
(Date:9/18/2014)...  U.S. biotech company Kultevat has strengthened ... technology developed by the Donald Danforth Plant Science ... for applications in production of natural rubber in ... developed under the direction of Roger Beachy , ... of the Danforth Plant Science Center, and is used ...
(Date:9/18/2014)... , Sept. 18, 2014   Sigma-Aldrich ... it has entered into a new gene editing ... School,s Vector Core. Under the partnership, Sigma-Aldrich will ... experimental design consultation, and dedicated gene editing bioinformaticians. ... gene editing-based research at the U-M Medical School. ...
(Date:9/18/2014)... loss and diabetes prevention, could actually hasten the development ... it in a surprising way: by changing the composition ... population of bacteria residing in our intestines. These findings, ... published today in Nature . Among other things, ... Department, who led this research together with Prof. Eran ...
Breaking Biology Technology:Global and Chinese Stem Cell Industry Report, 2014-2017 2Global and Chinese Stem Cell Industry Report, 2014-2017 3Kultevat obtains license of gene switch technology 2Sigma-Aldrich, University of Michigan Medical School Establish CRISPR Core Lab Partnership 2Sigma-Aldrich, University of Michigan Medical School Establish CRISPR Core Lab Partnership 3Sigma-Aldrich, University of Michigan Medical School Establish CRISPR Core Lab Partnership 4Gut bacteria, artificial sweeteners and glucose intolerance 2Gut bacteria, artificial sweeteners and glucose intolerance 3
... one cell at a ... ... This year marks 10 years of,Guava Technologies bringing sophisticated, yet uniquely ... and clinicians worldwide. Since 1998, the company has,experienced continued success, achieving ...
... WASHINGTON, Feb. 5 Linc Facility Services(R), ... it has acquired Morse Medical,Inc., the largest ... in the Pacific Northwest. The acquisition,is part ... to strengthen its,healthcare service portfolio, and accelerate ...
... N.J., Feb. 5 Memory Pharmaceuticals,Corp. (Nasdaq: ... and Chief,Executive Officer, will provide a company update ... on Tuesday, February 12, 2008 at 10:15 a.m. ... Interested parties may access the live webcast ...
Cached Biology Technology:Guava Technologies Celebrates Tenth Anniversary 2Linc Facility Services Acquires Morse Medical 2
(Date:9/19/2014)... evolve for the sake of fairness per se but ... so say Frans de Waal, PhD, and Sarah Brosnan, ... (IA), which is defined as a negative reaction to ... . , Their conclusion comes after the co-authors ... hypothesis that it is the evolution of forestalling partner ...
(Date:9/18/2014)... researchers have developed a unique method to use microbes ... rural areas. , The first microbe-powered, self-sustaining wastewater ... way to clean up waste from large farming operations ... , Professor Haluk Beyenal and graduate student Timothy Ewing ... the system in the online edition of Journal ...
(Date:9/18/2014)... 2014 New research into the Crimean-Congo hemorrhagic fever ... hemorrhagic disease in humans similar to that caused by ... infection. This discovery has the potential to lead to ... , The research, reported in a paper published ... conducted by scientists at the Texas Biomedical Research Institute ...
Breaking Biology News(10 mins):Evolution of responses to (un)fairness 2Evolution of responses to (un)fairness 3Researchers develop unique waste cleanup for rural areas 2Research milestone in CCHF virus could help identify new treatments 2
... a group of novel genes that are critical in organ ... the zebrafish secretome. This group of genes makes proteins that ... the body, and are responsible for directing "patterning" in the ... properly form vital organs in the correct places during development. ...
... that animals use song as a way of attracting mates, ... way of scaring off predators ?by singing to them. , ... wild gibbons in Thailand have developed a unique song as ... the gibbons appear to use the song not just to ...
... cells of the testis, providing an explanation for the ... active antiretroviral therapy. The related report by Roulet et ... infection in situ and in vitro,?appears in the December ... According to the most recent World Health Organization data, ...
Cached Biology News:U of MN researchers find novel genes critical in organ development 2Singing for survival 2Singing for survival 3Human testis harbors HIV-1 in resident immune cells 2
The sealed ice cooling unit is used to absorb heat that is generated during transfers performed in the Criterion blotter....
Printer paper for Model 680 series readers is used with the thermal printers of the Model 680 and Model 680 XR microplate readers. Supplied as 2 rolls....
... with the drug discovery process in mind. ... performance, Safire is the ideal instrument to ... high throughput screening. Safire is a fully ... a range of high speed detection techniques. ...
... cocktail is tailored to efficiently ... suspensions of non-human primate (Rhesus ... using the StemSep (or compatible ... system, achieving a 2.6 Log ...
Biology Products: