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0 0 0 0 -0.0275936883629191 -0.0275936883629191 0.019723865877712 0.0394477317554241
Stock impact report

Alterity Therapeutics Raises A$20.0 million in Strategic Placement

Alterity Therapeutics Limited - American Depositary Shares (ATHE) 
Company Research Source: GlobeNewswire
MELBOURNE, Australia and SAN FRANCISCO, Sept. 08, 2025 (GLOBE NEWSWIRE) -- Alterity Therapeutics (ASX: ATH, NASDAQ: ATHE) (“Alterity” or “the Company”), a biotechnology company dedicated to developing disease modifying treatments for neurodegenerative diseases, today announced it has received binding commitments for a capital raising of A$20.0 million (the “Placement”) of fully paid ordinary shares (“New Shares”) to International and Australian professional investors. "We are thankful for the continued interest from the investment community following the robust efficacy we demonstrated in our Phase 2 clinical trial in Multiple System Atrophy. We look forward to an exciting twelve months ahead as we actively pursue the path to approval,” said, David Stamler, M.D., Chief Executive Officer of Alterity. “We elected to execute this placement due to inbound interest from a high-quality international healthcare-focused fund that anchored the transaction. Based on the promising outlook Show less Read more
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