Pasithea Therapeutics Corp. Common Stock
KTTAPasithea Therapeutics Corp. is a biotechnology company focused on developing novel therapies for psychiatric and neurological disorders. The company specializes in psychedelic and psychoplastogenic compounds, aiming to create innovative treatments for conditions such as depression, anxiety, and related mental health issues. Pasithea combines scientific research with clinical development to advance its therapeutic pipeline.
Company News
Pasithea Therapeutics raised $60 million through a public offering of 80 million shares at $0.75 per share, led by healthcare investors. The proceeds will support ongoing research and extend the company's cash runway through the first half of 2028.
U.S. stocks traded higher toward the end of trading, with the Dow Jones index gaining around 100 points on Monday. The Dow traded up 0.26% to 36,341.44 while the NASDAQ rose 0.12% to 14,421.98. The S&P 500 also rose, gaining, 0.30% to 4,618.11. Check This Out: This Analyst With 84% Accuracy Rate Sees More Than 7% Upside In Broadcom - Here Are 5...
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