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Stock Market & Financial Investment News

News Breaks
June 13, 2014
09:34 EDTBCLIBrainStorm Cell raises $10.5M in a private placement
BrainStorm announced that it has entered into definitive agreements with a group of investors, including several healthcare-focused funds, in connection with a private placement of common stock and warrants to purchase common stock. Upon the closing of this financing, BrainStorm will receive gross proceeds of $10.5M, resulting from the issuance and sale of 42M shares of common stock at a price per share of 25c. Maxim Group LLC acted as sole placement agent for the financing.
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