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Biotech / Medical : Geron Corp.

GERN 1.260

+1.6%

Oct 31 3:59 PM EST

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From: Savant

5/9/2014 4:05:37 PM

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Geron sets May 28, 2014 as the record date for the distribution to Geron stockholders of the Series A Common Stock from Asterias Biotherapeutics

Co announced that it has set May 28, 2014 as the record date for the distribution to Geron stockholders of the Series A Common Stock from Asterias Biotherapeutics that Geron received in the previously announced transaction to divest Geron's human embryonic stem cell assets, which closed on October 1, 2013. Geron expects to complete by the end of July 2014 the distribution of the 6,537,779 shares of Asterias Series A common stock, to be made on a pro rata basis to eligible Geron stockholders of record as of the close of business on the record date.

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