Private Placement – Cytori to raise $4.2 million in private placement

Cytori Therapeutics, a US-based developer of regenerative medicine, has entered into definitive agreements to raise approximately $4.2 million through a private placement with select investors (via private placement memorandum). The transaction was executed independently without a placement agent.

At closing, Cytori will issue and sell to investors 1.86 million units at a purchase price of $2.28 per unit. Each unit consists of one unregistered share of the company’s common stock and 1.75 warrants.

The warrants will be exercisable immediately after the closing of the transaction at an exercise price of $2.62 per share and have a five year term.

The funds will be used for sales and marketing activities related to the commercialization of the Celution system and consumables as well as other related and complementary products in Europe, for ongoing clinical studies of the Celution system for breast reconstruction and cardiovascular disease, and for general working capital.

Article: http://www.tradingmarkets.com/.site/news/Stock%20News/2317564/

About Us

PPM is the leading U.S. entrepreneurial firm that specializes in writing private placement memorandums (PPM) and linking investors with entrepreneurs.

Since 1999, the founders of PPM have provided professional business writing services, such as a PPM or business plan, to more than 2,000 businesses worldwide. Our company is considered to be the most cost effective, efficient consultants for private placement memorandum development in the United States. We are Wall Street’s, and by extension, the New York private placement (PPM) leaders.

PPM.co’s main service is the creation of private placement memorandum regulation d (Reg. d) documents. However, we offer much more. In case the entrepreneur needs additional services, such as a business plan, website, or additional legal work, PPM can create one pricing package for all required documentation or service. Because we simultaneously work with many companies both in and out of the U.S., the ability to adapt to the individual needs – as well as to regional and global demands – helps our clients save needed capital and time.

We are leaders in:

• New York Private Placement
• Real Estate Private Placement
• Technology Private Placement
• Debt Private Placement
• Equity Private Placement
• Technology Private Placement Memorandum Writing
• New York Private Placement Memorandum Writing
• Real estate Private Placement Memorandum Writing
• Debt Private Placement Memorandum Writing
• Equity Private Placement Memorandum Writing