StemCells (STEM) halted on LUDP
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StemCells (STEM) Halted on Fourth LUDP
August 16, 2016 12:59 PM EDTStemCells (NASDAQ: STEM) Halted on Fourth LUDP
... MoreStemCells (STEM), Microbot Medical Affirm Entering Merger Agreement
August 16, 2016 9:16 AM EDTStemCells, Inc. (Nasdaq: STEM) and Microbot Medical Ltd., a private company organized under the laws of the State of Israel (Microbot), announced that they have entered into a definitive merger agreement, with plans to pursue the development of robotics based medical devices for the treatment of cerebrospinal fluid and gastrointestinal disorders, as well as other conditions.
This transaction concludes an extensive search for strategic alternatives conducted by StemCells since... More
StemCells (STEM) Enters Merger Agreement with Microbot Medical
August 16, 2016 9:10 AM EDTStemCells (NASDAQ: STEM) disclosed the following on Monday night:
Item 1.01 Entry Into a Material Definitive Agreement.
Merger Agreement
On August 15, 2016, StemCells, Inc., a Delaware corporation (the Company), entered into an Agreement and Plan of Merger and Reorganization (the Merger Agreement) with Microbot Medical Ltd., a private medical device company organized under the laws of the State of Israel (Microbot) and C&RD Israel Ltd., an Israeli corporation and wholly-owned subsidiary of the Company (Merger Sub). Pursuant to the terms and subject to the conditions set forth in the Merger Agreement, Merger Sub will be... More
