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Stock impact report

Vericel Corporation Announces Proposed Public Offering of Common Stock

Vericel Corporation (VCEL) 
Last vericel corporation earnings: 2/25 08:00 am Check Earnings Report
US:NASDAQ Investor Relations: investors.vcel.com/investor-relations
Company Research Source: GlobeNewswire
CAMBRIDGE, Mass., May 30, 2018 (GLOBE NEWSWIRE) -- Vericel Corporation (NASDAQ:VCEL), a leader in advanced cell therapies for the sports medicine and severe burn care markets, today announced that it intends to offer and sell, subject to market and other conditions, 3,750,000 shares of its common stock in an underwritten public offering.  Vericel also intends to grant the underwriters a 30-day option to purchase up to an additional 562,500 shares of common stock on the same terms and conditions.  The offering is subject to market conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.  All of the shares in the offering are to be sold by Vericel.  Net proceeds from the offering may be used for general corporate purposes as well as to expand Vericel’s business by in-licensing or acquiring, as the case may be, product candidates, technologies, other assets, commercial products or businesses which Show less Read more
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