Lincoln Park Capital to invest up to $20M in Cytori Therapeutics

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Lincoln Park Capital to invest up to $20M in Cytori Therapeutics

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Lincoln Park Capital LLC plans to invest up to $20 million in Cytori Therapeutics Inc.

The companies entered a stock purchase agreement under which Cytori Therapeutics can issue shares to the institutional investor over a 30-month period.

Funds raised will help Cytori meet its working capital requirements.

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Lincoln Park Capital to invest up to $20M in Cytori Therapeutics