BrainStorm Cell Therapeutics Announces Pricing of $4.0 Million Registered Direct Offering

June 27, 2024

https://www.prnewswire.com/news-releases/brainstorm-cell-therapeutics-announces-pricing-of-4-0-million-registered-direct-offering-302184547.html

NEW YORK, June 27, 2024 /PRNewswire/ — BrainStorm Cell Therapeutics Inc. (NASDAQ: BCLI) (the “Company”), a leading developer of adult stem cell therapeutics for neurodegenerative diseases, today announced that it has entered into a securities purchase agreement with a single institutional investor (the “Holder”) for the purchase and sale of 11,111,111 shares of the Company’s common stock (or prefunded warrants in lieu thereof) at a purchase price of $0.36 per share in a registered direct offering.

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