DALLAS, TEXAS : StockGuru announces that Fibrocell Science Inc (OTCBB: FCSC) is in the StockGuru Spotlight.    Fibrocell Science, Inc. is a biotechnology company focused on the development of autologous (personalized) cell therapies for aesthetic, medical and scientific applications. Fibrocell Science is committed to advancing the scientific, medical and commercial potential of autologous skin and tissue, as well its innovative cellular processing technology and manufacturing excellence.

On Tuesday, the company put out news announcing that between December 8, 2010 and February 9, 2011 it entered into agreements with certain accredited investors, pursuant to which the Company sold to the purchasers in the aggregate approximately $7.8 million of the Company’s Series D convertible preferred stock, which is convertible into shares of common stock at a conversion price of $0.50 per share. Each purchaser also received a warrant to purchase the same number of shares of common stock acquired in the offering at an exercise price of $0.50 per share. None of the securities issued to the investors nor the shares underlying the securities issued to the investors have been registered under the Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.

Shares for Fibrocell Science Inc (OTCBB: FCSC) were up during the afternoon of trading on Tuesday and closed up one cent at closing.


To view our StockGuru Spotlight on Fibrocell Science Inc (OTCBB: FCSC), please visit: http://stockguru.com/category/latest-spotlights/

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