ALAMEDA, Calif.--(BUSINESS WIRE)--Aug. 22, 2006--Advanced Cell Technology, Inc. (OTCBB:ACTC) announced today plans to privately offer up to $11,295,000 of senior secured convertible debentures and warrants. The timing of the closing of the offering will be subject to market conditions. The Company intends to use the net proceeds of the offering for general corporate purposes, which may include repayment of debt and additions to working capital.
