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Technology | 2009.11.16

Advanced Cell Technologies Strengthens Balance Sheet Through Completion of Private Placements

WORCESTER, Mass.--(BUSINESS WIRE)--Advanced Cell Technology, Inc. (“Advanced Cell”, or the “Company”) (OTCBB: ACTC), announced today that it has entered into definitive agreements on three private placements with institutional and other accredited investors under which the Company has received definitive commitments in excess of $15 million. The three investments are expected to provide proceeds sufficient to fund the Company’s general operations and working capital

 

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http://www.businesswire.com/news/home/20091116005524/en

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