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Sichenzia Ross Ference LLP Represents A.G.P./Alliance Global Partners as Sole Placement Agent in $3M Registered Direct Offering of Cellect Biotechnology Ltd.

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Press Release – New York, NY – January 10, 2020 – Sichenzia Ross Ference LLP announced today that it represented A.G.P./Alliance Global Partners as sole placement agent in a registered direct offering of 1,000,000 American Depositary Shares (“ADSs”) of Cellect Biotechnology Ltd (Nasdaq: “APOP”), a developer of innovative technology enabling the functional selection of stem cells. Each of the ADSs represents 100 of APOP’s ordinary shares. The offering price was $3.00 per ADS for gross proceeds of approximately $3,000,000, less fees and other estimated offering expenses.

The offering was made pursuant to an effective shelf registration statement on Form S-3 (File No. 333-219614) previously filed with the U.S. Securities and Exchange Commission.

The Sichenzia Ross Ference LLP team was led by partners Gregory Sichenzia, Avital Perlman, Barrett DiPaolo and associate Yian Pan.

Sichenzia Ross Ference LLP