TRYPF - Atai Life Sciences (NASDAQ: ATAI) Increases Stake in Psychedelic Start-Up Compass Pathways
Atai Life Sciences (NASDAQ: ATAI), a clinical-stage biopharmaceutical company whose objective is to transform how mental health conditions are treated, has increased its stake in Compass Pathways. Compass Pathways (NASDAQ: CMPS) is a mental health care company that is focused on improving the lives of patients with mental health disorders.
Atai, which is already the biggest shareholder of Compass Pathways, purchased more than 619,000 additional shares in Compass Pathways, increasing its stake in the company to 20.8%. The Peter Thiel-backed biopharmaceutical start-up bought each share at roughly $31 and paid a total...
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