Brainstorm Cell Therapeutics Arranges Up to $1.0 Million Private Placement at $0.60, Adds Warrants

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2026.02.27 21:35
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Brainstorm Cell Therapeutics has arranged a private placement of up to $1.0 million with an accredited investor, offering common stock at $0.60 per share and pre-funded warrants at $0.5995. The deal includes common warrants with 120% coverage at a $1.00 exercise price. The transaction will close in multiple tranches until September 25, 2026, with the first closing of $125,000 already completed on February 24, 2026. Proceeds will be utilized for working capital.