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Neuralstem arranges $20 million at-the-market offering of common stock
T.R. Winston, the agent, will be paid a 4% commission on stock sales
By Devika Patel
Knoxville, Tenn., Oct. 25 - Neuralstem Inc. negotiated a $20 million at-the-market offering of common stock with agent T.R. Winston & Co., LLC on Oct. 25, according to an 8-K filed Friday with the Securities and Exchange Commission.
T.R. Winston will be paid a 4% commission.
Proceeds will be used for general corporate purposes.
Based in Rockville, Md., Neuralstem develops technologies to transplant human neural stem cells.
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