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Medgenics, Inc. Announces Filing of Shelf Registration


10/17/2012 9:41:28 AM

MISGAV, Israel & SAN FRANCISCO--(BUSINESS WIRE)--Medgenics, Inc. (NYSE MKT: MDGN and AIM: MEDU, MEDG) (the “Company”) today announced that it has filed a shelf registration statement on Form S-3 with the Securities and Exchange Commission (“SEC”). Under the shelf registration statement, once declared effective by the SEC, the Company may offer and sell from time to time in the future, in one or more offerings, common stock, warrants, rights or units consisting of any combination of the foregoing. The aggregate offering price of all securities that may be sold under the registration statement will not exceed $150,000,000. The shelf registration statement is intended to give Medgenics additional flexibility to finance business opportunities in the future by accessing the capital markets on a timely and cost effective basis. The specifics of any future offering, along with the prices and terms of any such securities offered by the Company, will be determined at the time of any such offering and will be described in detail in a prospectus supplement filed in connection with such offering.

Read at BioSpace.com

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