Item 8.01. Other Events.

On May 25, 2021, Pluristem Therapeutics Inc., or the registrant, announced that it received, through its wholly owned subsidiary, Pluristem GmbH, the receipt of a "Disbursement Offer" in the amount of €20 million (approximately $24 million) from the European Investment Bank, or the EIB, which represents the first of three tranches of funding, pursuant to the terms of its previously announced finance agreement with the EIB. Pursuant to the EIB agreement, the registrant expects to receive the first tranche of funds during June 2021. The proceeds of the first tranche will support research and development in the European Union to advance the registrant's proprietary regenerative cell therapy platform.





                 Warning Concerning Forward Looking Statements

This Current Report on Form 8-K contains forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995 and federal securities laws. For example, forward-looking statements are being used when the registrant discusses when it discusses the expected timing and use of proceeds of the first tranche of funds from the EIB. These forward-looking statements and their implications are based on the current expectations of the management of the registrant only, and are subject to a number of factors and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. The following factors, among others, could cause actual results to differ materially from those described in the forward-looking statements: changes in technology and market requirements; the registrant may encounter delays or obstacles in launching and/or successfully completing its clinical trials; the registrant's products may not be approved by regulatory agencies, the registrant's technology may not be validated as it progresses further and its methods may not be accepted by the scientific community; the registrant may be unable to retain or attract key employees whose knowledge is essential to the development of our products; unforeseen scientific difficulties may develop with our process; the registrant's products may wind up being more expensive than the registrant anticipates; results in the laboratory may not translate to equally good results in real surgical settings; results of preclinical studies may not correlate with the results of human clinical trials; the registrant's patents may not be sufficient; the registrant's products may harm recipients; changes in legislation; inability to timely develop and introduce new technologies, products and applications; loss of market share and pressure on pricing resulting from competition, which could cause the actual results or performance of the registrant to differ materially from those contemplated in such forward-looking statements. In addition, historic results of scientific research do not guarantee that the conclusions of future research would not suggest different conclusions or that historic results would not be interpreted differently in light of additional research or otherwise. Except as otherwise required by law, the registrant undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. For a more detailed description of the risks and uncertainties affecting the registrant, reference is made to the registrant's reports filed from time to time with the Securities and Exchange Commission.





                                       1

© Edgar Online, source Glimpses