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-0.00318254148670143 -0.00750170493293924 0.000227324391907353 0.000227324391907353 0.00545578540577407 0.00591043418958865 0.00565128438281438 0.00431916344623781
Stock impact report

Cybin Announces Closing of the Oversubscribed Private Placement of U.S. $150 Million

Cybin Inc. Common Shares (CYBN) 
Company Research Source: Business Wire
THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. TORONTO--(BUSINESS WIRE)--Cybin Inc. (NYSE American:CYBN) (Cboe CA:CYBN) (“Cybin” or the “Company”), a clinical-stage biopharmaceutical company committed to revolutionizing mental healthcare by developing new and innovative next-generation psychedelic-based treatment options, is pleased to announce the closing of the Company’s previously announced private placement (the “Private Placement”) of 348,837,210 common shares in the capital of the Company (the “Common Shares”) at a price of U.S.$0.43 per Common Share. Aggregate gross proceeds from the Private Placement were U.S.$150,000,000 before deducting fees and expenses of the offering.The oversubscribed Private Placement was led by Deep Track Capital and included participation from RA Capital Management, Avidity Partners, Acorn Bioventures, Altium Capital, Lo Show less Read more
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