Compass Pathways Raising Up To $107.2 million For IPO, Valuation $500+ Million

Compass Pathways has announced the terms for its IPO. Compass is seeking to raise up to $107.2 million as it prepares to list on the NASDAQ (symbol “CMPS”).

The financing will encompass 6.7 million American Depository Shares, priced between $14 and $16. Altogether, Compass will have 34.01 million shares outstanding by its IPO date.

Compass is preparing to go to market at a valuation at or about $544.1 million. In its most recent filing (June30th), Compass reported a loss of $24.8 million for the six months ending June 30, 2020.
 
Compass logo by is licensed under
Logo

NEW BULL MARKET ALERT

Psychedelics Have Proven Potential To Disrupt Entire Mental Healthcare Industry

Get Your Guide To “Ground Floor” Opportunity In Psychedelic Stocks Now

© 2019 - 2024 Psychedelic Stock Watch, Privacy Policy, Disclaimer