Cognition Therapeutics Closes $30 Million Direct Offering

MT Newswires Live

2025/09/03

Cognition Therapeutics (CGTX) said late Tuesday it has closed a direct offering of 14.7 million shares at $2.05 apiece to two new institutional investors, raising around $30 million.

The company said the proceeds will help support its phase 3 development of zervimesine for neurodegenerative disorders.

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