COMPASS Pathways (CMPS) launches proposed public offering

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Go back to COMPASS Pathways (CMPS) launches proposed public offering

COMPASS Pathways launches proposed public offering

April 27, 2021 5:22 PM EDT

London, UK, April 27, 2021 (GLOBE NEWSWIRE) -- COMPASS Pathways plc (Nasdaq: CMPS) (COMPASS), a mental health care company dedicated to accelerating patient access to evidence-based innovation in mental health, today announced the launch of a proposed public offering of 4,000,000 American Depositary Shares (ADSs), each representing one ordinary share.

Each of the ADSs is being offered by COMPASS. COMPASS expects to grant the underwriters a 30-day option to purchase up to an additional 600,000 ADSs. The proposed offering is subject to market and other conditions, and there can be no... More