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Stock Market & Financial Investment News

News Breaks
June 17, 2014
09:05 EDTBTXBioTime subsidiary Asterias Biotherapeutics raises $12.5M
BioTime (BTX) announced today that its subsidiary Asterias Biotherapeutics, has raised $12.5M through the sale of 5,000,000 BioTime common shares held by Asterias and the issuance of warrants to purchase 5,000,000 shares of Asterias Series B Common Stock. he investors purchased 5,000,000 BioTime common shares from Asterias at a price of $2.50 per share. The investors have agreed not to offer or sell any of those shares for a period of 275 days.
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