Athersys, Inc. Announces Exercise of Overallotment Option
11/7/2012 9:39:33 AM
CLEVELAND, Nov. 6, 2012 (GLOBE NEWSWIRE) -- Athersys, Inc. (Nasdaq:ATHX) announced today that it received $2.8 million of net proceeds from the exercise, in full, of the underwriters' over-allotment option for 2,970,300 shares of its common stock. Taking this into account, Athersys sold a total of 22,772,300 shares of its common stock, representing gross proceeds of $23 million, to new and existing investors who participated in the underwritten offering.