Ocata Therapeutics Announces Proposed Underwritten Offering of Common Stock

MARLBOROUGH, Mass.--(BUSINESS WIRE)--Ocata Therapeutics, Inc. (OTCBB: OCAT), a clinical stage biotechnology company developing regenerative ophthalmology therapeutics, today announced its intention to offer and sell 10,000,000 shares of its common stock in an underwritten public offering pursuant to its existing shelf registration statement. The proposed offering is subject to market conditions, and there can be no assurance as to whether or when the offering may be completed, or the actual size or terms of the offering. As part of this offering, Ocata Therapeutics intends to grant the underwriters a 30-day option to purchase up to an additional 1,500,000 shares of common stock.

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