other material
confidence high
sentiment neutral
materiality 0.70
Ovid Therapeutics receives $53.9M from exercise of Series A warrants; issues 33.6M common shares
Ovid Therapeutics Inc.
- Series A warrants from Oct 2025 private placement expired on April 17, 2026; 38,481,325 underlying shares.
- Investors exercised 33,597,860 shares at $1.40 each and 4,883,464 pre-funded warrants at $1.399 each.
- Gross proceeds of approximately $53.9 million to the company.