Atai Life Sciences Raises $149.5 Million From Public Offering

MT Newswires Live10-21

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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