<SEC-DOCUMENT>0001104659-14-052851-index.html : 20140723
<SEC-HEADER>0001104659-14-052851.hdr.sgml : 20140723
<ACCEPTANCE-DATETIME>20140723090050
ACCESSION NUMBER:		0001104659-14-052851
CONFORMED SUBMISSION TYPE:	SC 13G
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20140723
DATE AS OF CHANGE:		20140723
GROUP MEMBERS:		HEIGHTS CAPITAL MANAGEMENT, INC.

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			STEMCELLS INC
		CENTRAL INDEX KEY:			0000883975
		STANDARD INDUSTRIAL CLASSIFICATION:	BIOLOGICAL PRODUCTS (NO DIAGNOSTIC SUBSTANCES) [2836]
		IRS NUMBER:				943078125
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SC 13G
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-42389
		FILM NUMBER:		14987828

	BUSINESS ADDRESS:	
		STREET 1:		3155 PORTER DRIVE
		STREET 2:		.
		CITY:			PALO ALTO
		STATE:			CA
		ZIP:			94304
		BUSINESS PHONE:		6504753100

	MAIL ADDRESS:	
		STREET 1:		3155 PORTER DRIVE
		STREET 2:		.
		CITY:			PALO ALTO
		STATE:			CA
		ZIP:			94304

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	CYTOTHERAPEUTICS INC/DE
		DATE OF NAME CHANGE:	19930328

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CAPITAL VENTURES INTERNATIONAL
		CENTRAL INDEX KEY:			0001011712
		IRS NUMBER:				980158206
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SC 13G

	BUSINESS ADDRESS:	
		STREET 1:		WINDWARD 1
		STREET 2:		REGATTA OFFICE PARK, WEST BAY ROAD
		CITY:			GRAND CAYMAN
		STATE:			E9
		ZIP:			KY1-1103
		BUSINESS PHONE:		345-949-7576

	MAIL ADDRESS:	
		STREET 1:		WINDWARD 1
		STREET 2:		REGATTA OFFICE PARK, WEST BAY ROAD
		CITY:			GRAND CAYMAN
		STATE:			E9
		ZIP:			KY1-1103

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	CAPITAL VENTURES INTERNATIONAL /E9/
		DATE OF NAME CHANGE:	19960403
</SEC-HEADER>
<DOCUMENT>
<TYPE>SC 13G
<SEQUENCE>1
<FILENAME>a14-17552_1sc13g.htm
<DESCRIPTION>SC 13G
<TEXT>
Document 1 - file: a14-17552_1sc13g.htm

</DOCUMENT>
</SEC-DOCUMENT>