m_and_a
confidence high
sentiment neutral
materiality 0.85
atai to acquire Beckley Psytech for 105M shares; $30M PIPE priced at $1.84
ATAI Life Sciences N.V.
- Entire issued capital of Beckley Psytech acquired for 105,044,902 new ATAI shares; subject to shareholder approval.
- Concurrent $30M PIPE: 9,993,341 shares at $1.84 plus pre-funded warrant for 6,311,006 shares at $0.01 exercise price.
- Beckley's Phase 2b BPL-003 TRD topline data expected mid-2025; company to rename to atai Beckley N.V.
- Founder's family office (Apeiron, 21.1% owner) enters voting and lock-up agreements; supports redomicile to Delaware.
- Cosmo Feilding-Mellen and Michael Norris warrantors; break fee up to $10M if shareholder approval not obtained.
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