NeoStem Announces Proposed Public Offering of Common Stock

NeoStem NBS today announced that it intends to offer and sell shares of its common stock and warrants in an underwritten public offering. All of the shares and warrants in the offering will be sold by NeoStem. The offering is subject to market conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering. The shares will be issued pursuant to a prospectus supplement filed as part of an effective shelf registration statement previously filed with the Securities and Exchange Commission (SEC) on Form S-3. Lazard Capital Markets, LLC and JMP Securities are acting as joint book-runners of the offering. Morgan Joseph TriArtisan LLC, Maxim Group LLC and National Securities Corporation are acting as co-managers of the offering.