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Cryo-Cell International Inc (CCEL) has provided an announcement.
Cryo-Cell International, Inc. has announced its intention to spin off its subsidiary, Celle Corp., to its shareholders and is considering various strategies to enhance shareholder value for the remaining company. These strategies may include fundraising through equity or debt, or possibly selling or merging the company. This move is aimed at maximizing the benefits to Cryo-Cell’s investors.
For a thorough assessment of CCEL stock, go to TipRanks’ Stock Analysis page.