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Athersys, Inc. Files Shelf Registration Statement To Replace Prior Shelf


3/14/2014 9:47:43 AM

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CLEVELAND, March 13, 2014 (GLOBE NEWSWIRE) -- Athersys, Inc. (Nasdaq:ATHX) announced today that it has filed a shelf registration statement with the U.S. Securities and Exchange Commission ("SEC"). The new shelf registration statement will replace a similar registration statement filed in January 2013. Athersys currently does not have any immediate plans to offer or sell the securities under this registration statement. As with the prior registration statement, the replacement registration statement is intended to provide Athersys with financial flexibility to raise capital, over the next three years, from the offering of up to 20,000,000 shares of common stock and/or warrants.

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