other material
confidence high
sentiment neutral
materiality 0.60
Minerva enters $75M ATM offering; Phase 3 roluperidone relapse phase extended to 52 weeks
Minerva Neurosciences, Inc.
- Up to $75M in common stock may be sold at-the-market through Leerink Partners; 3% commission.
- Phase 3 C19 trial relapse assessment phase extended from 40 to 52 weeks after FDA feedback.
- Topline efficacy results from C19 trial expected H2 2027; relapse data expected H2 2028.
- No obligation to sell any shares; program provides capital-raising flexibility.