Brief: Athersys Extends Near Term Liquidity With Proceeds From Warrant Inducement
16/10/2023 22:50
Oct 16 (Reuters) - Athersys Inc ATHX.O :
* ATHERSYS EXTENDS NEAR TERM LIQUIDITY WITH PROCEEDS FROM
WARRANT
INDUCEMENT AND GLOBAL ARDS LICENSE WITH HEALIOS TO EXPLORE
STRATEGIC ALTERNATIVES
* ATHERSYS - IF CO IS UNABLE TO ENTER STRATEGIC DEAL/OBTAIN
ADEQUATE FINANCING, TO FILE FOR PROTECTION UNDER BANKRUPTCY LAWS
TO ORDERLY WIND DOWN OPERATIONS
* ATHERSYS INC - HAS ENGAGED OUTCOME CAPITAL TO ASSIST
COMPANY
WITH EVALUATING STRATEGIC ALTERNATIVES
Source text for Eikon: ID:nBw9Zkd4a
Further company coverage: ATHX.O
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