BrainStorm Cell Therapeutics Enters Securities Purchase Agreement

Tip Ranks
2025.11.14 22:32
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BrainStorm Cell Therapeutics entered a securities purchase agreement with Labrys Fund II, L.P., issuing a $143,750 promissory note and receiving $121,500 after fees. The note is convertible into shares upon default. BrainStorm also announced a decrease in net loss for Q3 2025 and updates on its NurOwn Phase 3b ALS trial. Analysts rate BCLI stock as Hold with a $6.60 price target, but TipRanks' AI Analyst rates it as Underperform due to financial challenges and skepticism about NurOwn's efficacy.