atai Life Sciences completes public offering, raising $63.25M
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atai Life Sciences has completed its public offering, raising $63.25 million by selling approximately 26.2 million common shares at $2.10 each. The underwriter also purchased an additional 3.9 million shares.
February 20, 2025 | 2:30 pm
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atai Life Sciences raised $63.25 million through a public offering, selling 26.2 million shares at $2.10 each. This capital infusion could support its mental health treatment initiatives.
The successful capital raise of $63.25 million provides atai Life Sciences with additional resources to fund its clinical-stage biopharmaceutical projects focused on mental health. This is likely to be viewed positively by investors, potentially boosting the stock price in the short term.
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