Atai Life Sciences Raises $149.5 Million From Public Offering

MT Newswires Live
Oct 21

Atai Life Sciences (ATAI) said late Monday it has closed its public offering of around 27.3 million shares, including the full exercise of an over-allotment option, raising about $149.5 million.

The clinical-stage biopharmaceutical company said it expects its funds will be sufficient to cover its operations into 2029.

Shares of the company were up about 2% in after-hours activity.

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