Athersys Inc. public offering raises $23 million

Story excerpt provided by Crain’s Cleveland Business.

Written by Scott Suttell.

Biotechnology company Athersys Inc. (NASDAQ:ATHX) (“Athersys”) of Cleveland announced it raised $23 million in a just-closed public offering.The company sold 22,772,300 shares of its common stock at $1.01 per share.

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Originally published February 2, 2017.