HEALIOS K.K. Increases Investment in Athersys by Fully Exercising Warrant to Acquire Additional Shares
(Healios), exercised in full its warrant to purchase shares of Athersys common stock.
- (Healios), exercised in full its warrant to purchase shares of Athersys common stock.
- Healios purchased 4,000,000 shares at a price of $1.76 per share in accordance with the terms of the warrant, representing an additional investment of $7,040,000 in Athersys.
- This warrant was issued to Healios in March 2018 as part of an expansion of the collaboration between the companies.
- Healios previously purchased 12,000,000 shares of Athersys common stock and now owns approximately 9.4% of the current outstanding shares of Athersys.