other material
confidence high
sentiment neutral
materiality 0.65
Cingulate raises $11.7M, extends cash runway through Q2 2025; NDA for CTx-1301 targeted mid-2025
Cingulate Inc.
- Raised approximately $11.7 million in capital during August and September 2024.
- Cash and cash equivalents of approximately $10 million as of September 30, 2024.
- Cash runway extended through second quarter of 2025 to fund clinical, manufacturing, and regulatory activities.
- NDA filing for CTx-1301 targeting mid-2025 for potential FDA approval.