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BioWorld - Sunday, March 15, 2026
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Home » Kadimastem signals Nasdaq listing, lands $3.2M from Ilex Medical
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Kadimastem signals Nasdaq listing, lands $3.2M from Ilex Medical

Nov. 29, 2021
By Catherine Longworth
Ilex Medical Ltd. has injected $3.2 million into cell therapy company Kadimastem Ltd., as it prepares to list on the Nasdaq. As part of the investment, Ilex Medical was granted a total of 1,407,130 options (60% coverage) in two series, at exercise prices of $2.2 and $2.7 per share (up to 100% from the share price at the transaction). If exercised, it would increase the total investment to $6.7 million.
Financings Medical technology Stem cells Middle East North Africa

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