other_material
confidence high
sentiment neutral
materiality 0.70
Cognition Therapeutics raises ~$30.1M via registered direct offering of 14.7M shares at $2.05/share
COGNITION THERAPEUTICS INC
- Gross proceeds of $30.1M from sale of 14.7M shares at $2.05/share in a registered direct offering.
- Offering expected to close on or about August 29, 2025; Titan Partners is sole placement agent.
- Placement agent fee 7.0% of gross proceeds plus warrants for 514,500 shares at $2.78 exercise price.
- 60-day lock-up on securities sales by the company, directors, and executive officers after closing.
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