Geron Corporation Announces Full Exercise of Over-Allotment Option

MENLO PARK, Calif.--(BUSINESS WIRE)--Geron Corporation (Nasdaq: GERN) announced today that, in connection with its previously announced public offering, the underwriters have exercised in full their option to purchase 2,608,695 additional shares of the Company’s common stock at the public offering price of $5.00 per share. With the full exercise of the over-allotment option, the total gross proceeds to Geron from the public offering are expected to be $100.0 million, before deducting underwriting discounts and commissions and estimated offering expenses. The closing of the public offering, including the over-allotment option, is expected to occur on December 10, 2010, subject to customary closing conditions.
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