Mind Medicine (MNMD) Announces Proposed Share Offering

Go back to Mind Medicine (MNMD) Announces Proposed Share Offering

Mind Medicine (MindMed) Inc. Announces Proposed Public Offering

August 9, 2024 6:00 AM EDT

NEW YORK--(BUSINESS WIRE)-- Mind Medicine (MindMed) Inc. (NASDAQ: MNMD) (the Company or MindMed), a clinical stage biopharmaceutical company developing novel product candidates to treat brain health disorders, today announced that it intends to offer and sell, subject to market conditions, common shares and, to certain investors, pre-funded warrants to purchase common shares in an underwritten public offering. All of the common shares and pre-funded warrants are being offered by MindMed.

MindMed intends to use the net proceeds from this offering to fund the research and development of its product candidates and working... More