Cesca Therapeutics Inc. Announces Pricing of Public Offering of up to 900,000 shares of Common Stock
CESCA THERAPEUTICS INC COMMON (KOOL)
Last cesca therapeutics inc common earnings: 8/13 04:05 pm
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US:NASDAQ Investor Relations:
investors.cescatherapeutics.com/investor-relations
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Source: GlobeNewswire
RANCHO CORDOVA, Calif., Nov. 29, 2017 (GLOBE NEWSWIRE) -- Cesca Therapeutics Inc. (“Cesca”) (NASDAQ:KOOL) a market leader in automated cell processing and point-of-care, autologous cell-based therapies, today announced that it has priced a best efforts registered public offering of up to an aggregate of 900,000 shares of the Company’s common stock at a price to the public of $3.00 per share. The offering is expected to close on or about December 1, 2017, subject to the satisfaction of customary closing conditions. Dawson James Securities, Inc. is acting as exclusive placement agent for the offering. The aggregate gross proceeds of the offering are anticipated to be up to approximately $2.7 million. After deducting the placement agent's commission and other estimated offering expenses payable by the Company, the net proceeds to the Company are anticipated to be up to approximately $2.3 million. Cesca intends to use the net proceeds from this offering for general corporate purpo
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