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Stock Market & Financial Investment News

News Breaks
January 27, 2014
09:24 EDTKOOLThermogenesis raises $6.67M in a private placement
Thermogenesis announced that it has entered into definitive agreements with institutional investors in connection with a private placement of common stock and warrants to purchase common stock. Upon the closing of this financing, ThermoGenesis will receive gross proceeds of approximately $6.67 million resulting from the issuance and sale of approximately 3.33M shares of common stock at a price per share of $2.00. The purchasers will also receive warrants to purchase up to approximately 1.66M shares of common stock at an exercise price of $2.81 per share. The warrants are non-exercisable for six months after the closing of the financing and have a term of 5 years.
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May 4, 2015
06:20 EDTKOOLCesca Therapeutics appoints Dan Bessey as interim CFO
Cesca Therapeutics (KOOL) announced that Dan T. Bessey has resigned as CFO of Cesca Therapeutics effective May 9. Bessey has accepted a position as CFO of Hawaiian Telcom (HCOM). Michael Bruch has been appointed the Company's Interim CFO. Bruch has served as Controller since joining the Company in 2003, during which time he has had responsibility for the Accounting and Internal Control functions.

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