StemCells closes $10M debt financing StemCells announced that it has closed a $10M debt financing from Silicon Valley Bank. The loan funds will be used for general corporate purposes, and increase the Company's December 31 pro forma cash balance to $34.4M. This total also includes $2M in net proceeds received subsequent to the end of the year from the exercise of warrants and the sale of shares of common stock.
News For STEM From The Last 14 Days
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