"The Company sold a total of 12,845,500 units, which includes the underwriter's full over-allotment option. The Company sold the units at a public offering price of $1.45 per unit and received total proceeds, net of offering expenses, underwriting discounts and commissions, of approximately $17.3 million. Each unit sold consists of one share of common stock, par value $.01 per share, and a warrant to purchase one half share of common stock. The warrants have an exercise price of $1.80 per share, are exercisable immediately, and will expire five years from the date of issuance."
This blog covers the stocks that are part of the GDT::Portfolio.
Tuesday, October 8, 2013
Bought Some More StemCells (STEM) at $1.49
I need my head examined, but I added more StemCells (STEM) today (02013.10.08) at $1.49. I decided to buy some STEM after the company announced they had completed a public offering. From the press release.
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