Capitalizing leadership acumen
for life science innovations

SALT LAKE CITY, April 16, 2018 (GLOBE NEWSWIRE) -- PolarityTE, Inc. (Nasdaq:COOL), a commercial-stage biotechnology and regenerative biomaterials company focused on transforming the lives of patients by discovering, designing and developing a range of regenerative tissue products for the fields of medicine, biomedical engineering and material sciences, today closed its previously announced public offering of 2,031,250 shares of its common stock, plus an additional 304,687 shares sold upon full exercise of the underwriter’s option to purchase additional shares at the public offering price less underwriting discounts and commissions. Net proceeds to the Company from the offering are expected to be approximately $34.2 million after deducting underwriting discounts and commissions and estimated offering expenses.