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Pluristem Therapeutics (PSTI) Trading Halted with News Pending

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Pluristem Therapeutics (PSTI) Enters $30M Equity Investment Agreement with China's Innovative Medical

October 25, 2016 6:41 AM EDT

Pluristem Therapeutics Inc. (Nasdaq: PSTI) announced it has signed a term sheet for an investment of approximately $30,000,000 by China-based Innovative Medical Management Co., Ltd. (Innovative Medical) (stock code: 002173), a publicly listed Chinese Company active in the healthcare industry and an affiliate of Zheshang Venture Capital Co., Ltd. (ZSVC). ZSVC has ¥ 30 billion yuan ($4.45 billion)... More