NeoStem says no new securities issued in previous filing NeoStem is clarifying that it is not engaged in a new financing. The registration statement filed earlier is a renewal of an outstanding registration statement covering the issuance of shares underlying warrants that were issued in 2011 and 2012 and remain outstanding. The underlying shares were previously registered, but the registration statement is expiring under SEC rules and needs to be refreshed. No new securities are being offered by NeoStem.
NeoStem spikes higher, levels to watch The shares are spiking sharply, last up more than 45% to $3.30. At that price next resistance is at the session high at $3.47 and then at $3.71. Support is at $3.17.