New Issue: Fibrocell orchestrates $3.81 million private placement of common stock

By Devika Patel

Knoxville, Tenn., March 3 - Fibrocell Science, Inc. arranged a $3.81 million private placement of stock on March 2, according to an 8-K filed Wednesday with the Securities and Exchange Commission.

The company will sell 5,076,667 common shares at $0.75 per share.

Investors also will receive warrants for 5,076,667 shares. Each warrant is exercisable at $0.98 for five years.

Viriathus Capital LLC and John Carris Investments LLC are co-placement agents.

Fibrocell is a based in Exton, Pa.

Issuer:	Fibrocell Science, Inc.
Issue:	Common stock
Amount:	$3,807,500
Shares:	5,076,667
Price:	$0.75
Warrants:	For 5,076,667 shares
Warrant expiration:	Five years
Warrant strike price:	$0.98
Agents:	Viriathus Capital LLC and John Carris Investments LLC
Pricing date:	March 2
Stock symbol:	OTCBB: FCSC
Stock price:	$0.95 at close March 2
Market capitalization:	$13.6 million

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