The California Stem Cell Report

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The California Stem Cell Report
StemCells, Inc., 'Winding Down' Its Business; Shareholders Could Be Left in Cold

StemCells, Inc., 'Winding Down' Its Business; Shareholders Could Be Left in Cold

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David Jensen
May 31, 2016
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The California Stem Cell Report
StemCells, Inc., 'Winding Down' Its Business; Shareholders Could Be Left in Cold
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StemCells, Inc., a publicly traded firm that once held close ties to the $3 billion California stem cell agency, this morning said that it was going to close its doors and that its shareholders may not receive a dime in the liquidation.

The announcement was buried deep in a press release focusing largely on the termination of the firm's spinal cord injur…

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