News Image

atai Life Sciences Announces $50 Million Private Placement Financing

Provided By GlobeNewswire

Last update: Jul 1, 2025

NEW YORK and AMSTERDAM, July 01, 2025 (GLOBE NEWSWIRE) -- atai Life Sciences (NASDAQ: ATAI) (“atai”), a clinical-stage biopharmaceutical company on a mission to develop highly effective mental health treatments to transform patient outcomes, today announced it had entered into subscription agreements relating to the purchase of 18,264,840 ordinary shares of atai with a nominal value of €0.10 per share (“Common Shares”) and pre-funded warrant to purchase 4,566,210 Common Shares (the “Pre-Funded Warrant”). The financing is expected to result in gross proceeds of approximately $50 million, before deducting placement agents’ fees and other expenses. The net proceeds from the financing are expected to be used by atai for general corporate purposes, including for working capital and to advance the clinical development of the Company’s product candidates and programs. The private placement is subject to certain closing conditions, including the expiration of the waiting period pursuant to the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (the “HSR Act”) related to the filing expected to be made by Christian Angermayer in connection with Apeiron’s investment in this financing. The financing is expected to close in the third quarter of 2025.

Read more at globenewswire.com

ATAI LIFE SCIENCES NV

NASDAQ:ATAI (7/18/2025, 8:00:01 PM)

After market: 3.3 +0.07 (+2.17%)

3.23

+0.44 (+15.77%)



Find more stocks in the Stock Screener

ATAI Latest News and Analysis

Follow ChartMill for more