Bright Minds Biosciences’ $35M Private Placement Boost

Bright Minds Biosciences (TSE:DRUG) has released an update.

Bright Minds Biosciences has announced a US$35 million non-brokered private placement, offering common shares and pre-funded warrants to support its drug development and operational needs. The shares are priced at US$21.70 each, with the pre-funded warrants available at a slightly lower price. This strategic move aims to boost the company’s research capabilities and strengthen its financial standing in the pharmaceutical sector.

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