Cellect Biotechnology (APOP) Prices IPO at $6.50/ADS

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Cellect Biotechnology Ltd. Announces Pricing of U.S. Initial Public Offering and NASDAQ Listing

July 29, 2016 8:47 AM EDT

KFAR SABA, Israel, July 29, 2016 (GLOBE NEWSWIRE) -- Cellect Biotechnology Ltd. (NASDAQ: APOP) (NASDAQ: APOPW) (TASE:CLBD), a developer of innovative technology which enables the functional selection of stem cells, today announced the pricing of its initial public offering in the United States of 1,292,308 American Depository Shares (ADSs) and warrants to purchase up to 969,231 ADSs. Each ADS, representing 20 ordinary shares of the Company, and each warrant to purchase ADSs (in an amount equal to 75% of the ADSs purchased) are offered at a combined price to the public of $6.50.... More