Neuralstem Closes $7 Mln Registered Direct Offering

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9/19/2012 5:48 PM ET

Neuralstem, Inc. (CUR: Quote) said Monday that it has closed its registered direct offering of 7 million shares of its common stock, offered at a price of $1.00 per share.

The gross proceeds from this offering to the company were $7 million, before deducting the placement agent fees and other estimated offering expenses payable by Neuralstem.

Aegis Capital Corp. acted as sole placement agent for the offering.

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