Navigation Links
NeoStem Announces Pricing of Concurrent Offerings for $19 Million in Gross Proceeds
Date:11/16/2010

NEW YORK, Nov. 16, 2010 /PRNewswire-FirstCall/ -- NeoStem, Inc. (NYSE Amex: NBS) ("NeoStem" or the "Company")  an international biopharmaceutical company with product and service revenues, global research and development capabilities and operations in three distinct business units, U.S. adult stem cells, China adult stem cells, and China pharmaceuticals today announced the pricing of concurrent offerings.

An underwritten registered offering of 6,337,980 common units at $1.45 per unit. Each unit consists of one share of common stock and a warrant to purchase 0.5 of a share of common stock with a per share exercise price of $1.85.  Cowen and Company, LLC acted as sole book-running manager and Maxim Group LLC and National Securities Corporation acted as co-managers for this offering.

A registered direct offering of 10,582,011 preferred units. Each unit consists of one share of series E 7% senior convertible preferred stock convertible at $2.0004, maturing May 20, 2013, a warrant to purchase 0.25 of a share of common stock with a per share exercise price of $2.0874 and 0.0155 shares of common stock.  Cowen and Company, LLC and LifeTech Capital, a Division of Aurora Capital, LLC, acted as co-placement agents for this offering.

From the two offerings, which are running concurrently, the company expects to receive $19 million in gross proceeds, prior to deducting underwriting discounts and commissions, placement agent fees and offering expenses payable by the company.  These funds will give NeoStem the ability to proceed with its acquisition of Progenitor Cell Therapy LLC, and focus on growing the cord blood and adult stem cell banking, cellular manufacturing and therapeutic business, as well as expand our businesses in Asia and other countries. Additionally, the company will be able to continue to develop its intellectual property and acquire new te
'/>"/>

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

Page: 1 2 3

Related medicine technology :

1. NeoStem Reports Positive Stem Cell Industry Research Trends From The Journal of the American Medical Association and Third Annual Stem Cell Summit
2. China Biopharmaceuticals Holdings, Inc. Shareholders Overwhelmingly Support Merger with NeoStem, Inc., a NYSE AMEX Listed Company Trading Under Symbol NBS
3. NeoStem Acquires China Biopharmaceuticals Holdings, Inc.; Obtains Controlling Interest in Profitable Leading Chinese Pharmaceutical Company
4. NeoStem, Inc. Names Edward Geehr, M.D. to Board of Directors; Biotechnology Executive Brings Scientific and Business Experience in Global Operations
5. NeoStem Announces Warrant Exercise by Principal Shareholder
6. NeoStem, Inc. Officially Launches Adult Stem Cell Collection Center and R&D Laboratory in Cambridge, Massachusetts
7. NeoStem Pharmaceutical Subsidiary Announces Two cGMP Lines are Now Fully Operational in New Facility
8. NeoStem Adds Distinguished Researcher to its World-Class Scientific Advisory Board
9. NeoStem Comments on Recent Court Ruling Blocking the Federal Governments Funding of Embryonic Stem Cell Research
10. NeoStem and Progenitor Cell Therapy Announce Entry Into Merger Agreement
11. NeoStem to Present at Cell Therapy Industry Summit to be held on November 3-5, 2010 in Carlsbad, California
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:2/26/2015)... , Feb. 26, 2015 Legislation passed today ... pharmacy provision to help prevent inappropriate prescriptions in Medicare ... Protecting the Integrity of Medicare Act (PIMA) of 2014 ... Kevin Brady (R-TX) and Ranking Member Jim ... drug abuse epidemic and implement the right policies, said ...
(Date:2/26/2015)... Calif. , Feb. 26, 2015  BD Life ... Company) (NYSE: BDX ), a leading ... innovative company focused on enabling high-resolution biology, today ... unique solutions for highly multiplexed cell isolation and ... are promoting BD,s powerful BD FACS™ single-cell sorting ...
(Date:2/26/2015)... , Feb. 26, 2015 Integrity Applications, ... the GlucoTrack ® model DF-F, a noninvasive  device that ... Lutz Heinemann , Ph.D., will head its new scientific ... leaders in the field of Diabetes research, monitoring and ... Ph.D has been Chief Executive Officer and Head, Business ...
Breaking Medicine Technology:PCMA Statement on the 'Protecting the Integrity of Medicare Act' 2BD and Cellular Research Announce Co-marketing Efforts for Single-Cell Sequencing 2BD and Cellular Research Announce Co-marketing Efforts for Single-Cell Sequencing 3Integrity Applications Names Prof. Lutz Heinemann to Advisory Board 2Integrity Applications Names Prof. Lutz Heinemann to Advisory Board 3Integrity Applications Names Prof. Lutz Heinemann to Advisory Board 4
... Trinity Orthopedics LLC, a medical device company that develops and markets ... a Notice of Allowance from the U.S. Patent and Trademark Office for ... posterior fixation system in the United States under the ReStor ... "Recent clinical studies ...
... 21 AstraZeneca (NYSE: AZN ) announced today that it is providing ... St. Louis . , , , ... , , ... , , AstraZeneca,s ...
Cached Medicine Technology:Trinity Orthopedics Receives Patent Allowance for Sagittally Stable Spinal Fixation System 2AstraZeneca and Grace Hill Neighborhood Health Centers, Inc. Provide Medicines to Missouri's Uninsured 2AstraZeneca and Grace Hill Neighborhood Health Centers, Inc. Provide Medicines to Missouri's Uninsured 3
(Date:2/26/2015)... 27, 2015 2015 Deep Market ... a professional and in-depth study on the current ... with a focus on the Chinese situation. ... research are Wuhan Youji, Tongtai, Tenlong, Zhiyuan, MILAN, ... CHEMIE and W.ULRICH. , The report provides a ...
(Date:2/26/2015)... 2015 As the great passage beyond ... deeper meaning, more substantial roles and connections that span ... I live a life that still matters? As The ... Younger Next Year Total Immersion Retreat , answers to ... unbelievable results and jump-starts a healthier life. A new ...
(Date:2/26/2015)... 2015 Dr. Parsa Mohebi, a world-renowned hair ... contest winner’s surgery on Friday, February 27, 2015. ... is all set to receive his grand prize of 2000 ... procedure will be done on a live feed which will ... surgery, go to the website and experience everything from the ...
(Date:2/26/2015)... PartnerTech Inc . has announced it has been named ... , The Movers & Makers Awards are presented in ... distribution of tangible products and will be held on March ... as Georgia’s largest local awards ceremony for manufacturing and supply ... local industry and business leaders. , “We are thrilled ...
(Date:2/26/2015)... (PRWEB) February 26, 2015 In a nested-case ... of the world with a relatively low incidence of liver ... liver cancer, according to a new study published February ... Institute. , Previous studies have reported this association but ... high liver cancer incidence rate, such as Asia. Katherine A. ...
Breaking Medicine News(10 mins):Health News:Global Sodium Benzoate Industry Analysis Report 2015-2020 Now at DeepResearchReports.com 2Health News:Global Sodium Benzoate Industry Analysis Report 2015-2020 Now at DeepResearchReports.com 3Health News:The Aspen Club on Actively Aging: Telling a New Story on Aging 2Health News:Hair Transplant Contest Winner’s Surgery to be Streamed LIVE 2Health News:PartnerTech Named a Finalist for Gwinnett County Chamber of Commerce 2015 Movers & Makers Award 2Health News:PartnerTech Named a Finalist for Gwinnett County Chamber of Commerce 2015 Movers & Makers Award 3
... China, April 22 /Xinhua-PRNewswire-FirstCall/ --,China-Biotics, Inc. (OTC Bulletin ... specializing in the manufacture,research, development, marketing and distribution ... Shining(R) retail centers in the,first quarter of 2008. ... 60,stores in six major cities in China., ...
... time for Earth,Day, Bragada(R) Luxury Mattress, Inc. ( ... high-end mattresses that demonstrate Bragada,s commitment,to protecting the ... While all Bragada Luxury Mattresses still feature ... resource -- the company,s,new PUR Collection goes a ...
... April 22 Diversified Agency Services, a,division of Omnicom ... clean sweep,by healthcare and pharmaceutical agencies Cline Davis Mann, ... Year Awards at the 19th Annual,Manny Awards., Cline ... 1, topping all,agencies with annual revenue of more than ...
... Bioponic,Phytoceuticals, Inc. (OTC Bulletin Board: BPYT) ("Bioponic" ... Anne Nabrit-Stephens, MD, MBA,FAAP has joined the ... board-certified pediatrician with over 30 years of,health ... Nabrit-Stephens will,help validate and formulate Bioponic,s strategies ...
... TUESDAY, April 22 (HealthDay News) -- Skin lesions ... likely than smaller lesions to be melanoma skin ... supports the current widespread use of diameter guidelines ... "ABCDE" screening method is based on five features ...
... Show is a daily video program hosted by ... through Friday on:, http://tv.wallst.net/3-min-press/3-min-press.php . WallSt.net,s 3-Minute ... on their company and most recent press releases.,The ... into a company,s most,recent press release, and its ...
Cached Medicine News:Health News:China-Biotics, Inc. Expands Retail Network to 60 Shining Retail Centers 2Health News:China-Biotics, Inc. Expands Retail Network to 60 Shining Retail Centers 3Health News:Bragada(R) Luxury Mattress, Inc. Goes Green 2Health News:Omnicom's Diversified Agency Services Healthcare Agencies Top Med Ad News' Manny Awards 2Health News:Bioponic Phytoceuticals Appoints Renowned Physician Dr. Barbara Nabrit-Stephens to Scientific Advisory Board 2Health News:Bioponic Phytoceuticals Appoints Renowned Physician Dr. Barbara Nabrit-Stephens to Scientific Advisory Board 3Health News:Larger Skin Lesions More Likely to Be Melanoma 2Health News:Featured Stocks on Today's Edition of WallSt.net's 3-Minute Press Show: CYRX, RHWI 2
... ARUP Laboratories is a national reference laboratory ... research and development. ARUP offers an extensive ... medical tests in clinical and anatomic pathology. ... Laboratories' clients include more than half of ...
... reference laboratory and a worldwide leader in ... an extensive test menu of highly complex ... anatomic pathology. Owned by the University of ... half of the nation's university teaching hospitals ...
... a national reference laboratory and a worldwide ... ARUP offers an extensive test menu of ... clinical and anatomic pathology. Owned by the ... more than half of the nation's university ...
... is a national reference laboratory and a ... development. ARUP offers an extensive test menu ... in clinical and anatomic pathology. Owned by ... include more than half of the nation's ...
Medicine Products: