Brief: Cryo-Cell To Explore Strategic Alternatives, Spin-off Celle

Cryo-Cell International

25/03/2024 13:52

March 25 (Reuters) - Cryo-Cell International Inc
 CCEL.A :
    * CRYO-CELL ANNOUNCES PLANS TO EXPLORE STRATEGIC
ALTERNATIVES AND
SPIN-OFF CELLE CORP. TO MAXIMIZE SHAREHOLDER VALUE
    * CRYO-CELL INTERNATIONAL INC - HAS AUTHORIZED SPIN-OFF OF
ITS
NEWLY FORMED SUBSIDIARY, CELLE CORP., TO CRYO-CELL SHAREHOLDERS
    * CRYO-CELL INTERNATIONAL INC - SPIN-OFF IS CURRENTLY
ANTICIPATED
TO BE IN FORM OF A STOCK DIVIDEND TO CRYO-CELL SHAREHOLDERS

Source text for Eikon:  ID:nBw3SCDJVa 
Further company coverage:  CCEL.A 

 ((Reuters.Briefs@thomsonreuters.com;))