other material
confidence high
sentiment positive
materiality 0.75
Pasithea raises ~$60M in public offering of common stock and pre-funded warrants
Pasithea Therapeutics Corp.
- Gross proceeds of $60.0M; net proceeds of ~$54.9M after fees and expenses.
- Offering priced at $0.75 per share/warrant; 80M shares (or pre-funded warrants) sold.
- Led by healthcare investors including Vivo Capital, Janus Henderson, Coastlands Capital.
- Insiders (CEO, CFO, board members) bought 400k shares at same price.
- Cash runway extended through at least first half 2028.