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DATED APRIL 4, 2000
PROSPECTUS
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3,396,226 SHARES OF COMMON STOCK
AASTROM BIOSCIENCES, INC.
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This Prospectus relates to the offer and sale of 3,396,226 shares of common
stock being offered by RGC International Investors, LDC. These shares include
1,132,075 shares that are issuable upon exercise of warrants.
Our common stock is quoted on the Nasdaq National Market under the symbol
"ASTM." The selling stockholder will determine the price it may offer or sell
shares of our common stock independent of Aastrom. On March 17, 2000, the last
sale price of our common stock was $5.8125.
INVESTING IN THE COMMON STOCK INVOLVES A HIGH DEGREE OF RISK. YOU SHOULD
CONSIDER CAREFULLY THE RISK FACTORS BEGINNING ON PAGE 4 OF THIS PROSPECTUS
BEFORE MAKING A DECISION TO PURCHASE OUR STOCK.
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NEITHER THE SECURITIES AND EXCHANGE COMMISSION NOR ANY STATE SECURITIES
COMMISSION HAS APPROVED OR DISAPPROVED THESE SECURITIES OR DETERMINED IF THIS
PROSPECTUS IS TRUTHFUL OR COMPLETE. ANY REPRESENTATION TO THE CONTRARY IS A
CRIMINAL OFFENSE.
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THE DATE OF THIS PROSPECTUS IS APRIL 4, 2000.
