BioTime, Inc. Announces Proposed Public Offering of Common Stock

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BioTime (BTX) Prices 7.3M Stock Offering at $2.39/Share

June 16, 2016 9:56 AM EDT

BioTime, Inc. (NYSE: BTX) announced the pricing of an underwritten public offering of 7,322,176 shares of its common stock at a public offering price of $2.39 per share. The gross proceeds to BioTime, Inc. from this offering are expected to be approximately $17.5 million, before deducting underwriting discounts and commissions and other estimated offering expenses payable by BioTime, Inc. The offering is expected to close on or... More