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Mind Medicine (MindMed) Inc. Announces Proposed Public Offering To Fund The Research And Development Of Its Product Candidates, Terms Undisclosed

Author: Benzinga Newsdesk | August 09, 2024 06:04am

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 capital and general corporate purposes.

Posted In: MNMD

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