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Neuralstem Announces Exercise Of Entire Over-Allotment Option By Aegis Capital Corp.
Date:8/15/2012

ROCKVILLE, Md., Aug. 15, 2012 /PRNewswire/ -- Neuralstem, Inc. (NYSE MKT: CUR) today announced the full exercise of the over-allotment option granted to the underwriters to purchase 900,000 additional common shares, at a public offering price of $0.40 per share, in connection with its previously announced underwritten public offering of 6,000,000 shares of common stock, bringing total gross proceeds from the offering to $2,760,000.

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Aegis Capital Corp. is acting as sole book running manager for this offering.

The offering is being made pursuant to a shelf registration statement that Neuralstem filed with the Securities and Exchange Commission ("SEC") and is effective. A preliminary prospectus supplement and accompanying base prospectus relating to the offering were filed with the SEC and a final prospectus supplement and accompanying base prospectus will be filed with the SEC. When available, copies of the final prospectus supplement and accompanying base prospectus relating to the offering may be obtained by contacting Aegis Capital Corp., Prospectus Department, 810 Seventh Avenue, 18th Floor, New York, NY, 10019, telephone: 212-813-1010 or email: prospectus@aegiscap.com. Electronic copies of the final prospectus supplement and accompanying base prospectus will also be available on the website of the SEC at http://www.sec.gov.

This press release does not constitute an offer to sell, or the solicitation of an offer to buy, these securities, nor will there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale is not permitted.

About Neuralstem

Neuralstem's patented technology enables the ability to produce neural stem cells of the human brain and spinal
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SOURCE Neuralstem, Inc.
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