HAIFA, ISRAEL--(BUSINESS WIRE)--Pluristem Therapeutics Inc. (Nasdaq: PSTI) (DAX: PJT) today announced that it has entered into definitive agreements with selected institutional and private investors to sell restricted common stock and warrants for aggregate gross proceeds of approximately $5.25 million. The offering includes 4,375,000 shares of common stock at a per share purchase price of $1.20 and four year warrants to purchase 2,625,000 shares of common stock at an exercise price of $1.80 per share, exercisable six months following the issuance thereof. The closing is scheduled to take place no later than October 18, 2010.
