Pluristem Therapeutics Inc (PSTI): POS Pluristem gonna dilute again: PSTI N...

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Wednesday, 06/18/2008 5:23:47 PM

Wednesday, June 18, 2008 5:23:47 PM

POS Pluristem gonna dilute again: PSTI NEWS

Pluristem Therapeutics Files $15M Common Stock Shelf >PSTI Last update: 6/18/2008 5:19:03 PM DOW JONES NEWSWIRES

Pluristem Therapeutics Inc. (PSTI) on Wednesday registered with the Securities and Exchange Commission to sell from time to time up to $15 million of common stock and warrants.

The Israel-based stem cell production technology company said it intends to use the net proceeds for research and product development activities, and for working capital and other general corporate purposes.

No underwriters were listed in the SEC filing.

Shares of the company closed Wednesday at $1.63 each, down 11 cents, or 6.32%. -Denise Jia, Dow Jones Newswires; 202-862-1359; denise.jia@dowjones.com (END) Dow Jones NewswiresJune 18, 2008 17:19 ET (21:19 GMT)

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