trending Market Intelligence /marketintelligence/en/news-insights/trending/8KKMRULNHuB5vd0vM5XN9Q2 content esgSubNav
Log in to other products

 /


Looking for more?

Contact Us
In This List

Athersys plans public offering of common stock

Blog

COVID-19 Impact & Recovery: Healthcare Outlook for H2 2021

Video

Climate Credit Analytics: Linking climate scenarios to financial impacts

Blog

Global M&A Infographic Q1 2021

Blog

Q1 2021 Global Capital Markets Activity: SPAC IPOs, Issuance in Consumer Discretionary Sector Surge


Athersys plans public offering of common stock

Athersys Inc. plans to start an underwritten public offering of its common shares.

The company will grant underwriters the option to buy up to an additional 15% of the common shares offered.

Athersys plans to use the net proceeds for working capital, general corporate purposes, funding for its phase 3 MultiStem administration for stroke treatment and enhanced recovery clinical study and other ongoing clinical programs.

William Blair & Co. LLC is acting as sole book-running manager, and Needham & Co. LLC is acting as lead manager for the offering.