Replies to post #3600 on Athersys Inc (ATHXQ)

[BooDog]

Shs Float 11.74M This is shorts triggering every single stop loss there is on this. PURE manipulation. Crazy how this kind of crap continues.




The dilution picks up once the offering closes. Offering at 1.10

Athersys, Inc. (Nasdaq: ATHX) ("Athersys" or the "Company") today announced the pricing of its previously announced "best efforts" public offering of 5,004,545 shares of common stock (or common stock equivalents) and warrants to purchase 10,009,090 shares of common stock at a combined price of $1.10 per share and accompanying warrant for aggregate gross proceeds of approximately $5.5 million, before deducting placement agent fees and other offering expenses. The warrants will have an exercise price of $1.10 per share, will be exercisable immediately following the date of issuance and will expire five years from the date of issuance.