Brainstorm Cell Therapeutics Inc. announced a definitive agreement for a $1 million strategic private placement. The common stock was priced at $0.60 per share, with 120% five-year warrant coverage exercisable at $1.00 per share, and the financing will close in two $500,000 tranches. The company said proceeds will support regulatory initiatives, prepayments for its planned Phase 3b NurOwn ALS trial, and general corporate purposes, and it plans to file a resale registration statement within 45 days.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Brainstorm Cell Therapeutics Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202602200600PR_NEWS_USPR_____LN92233) on February 20, 2026, and is solely responsible for the information contained therein.
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