Clearmind Medicine Shares Fall on $7.5M Public Offering - MarketWatch

2 years ago 39

By Adriano Marchese

Clearmind Medicine Inc. shares were trading little Tuesday greeting aft the institution announced a nationalist offering to rise $7.5 cardinal and its caller listing connected the Nasdaq Capital Market.

Shares successful New York were trading much than 29% little astatine $5.57, portion connected the Canadian Securities Exchange, person fallen 7.6% to C$7.29.

The Vancouver-based psychedelic-medicine biotech institution said it would connection 1.2 cardinal shares astatine a terms of $6.50 apiece, and has granted its underwriter the close to acquisition up to 173,077 much shares to screen immoderate over-allotments.

Clearmind besides said it has been approved for listing connected the Nasdaq Capital Market and volition statesman trading determination nether the awesome CMND.

The institution is present dual-listed connected the Canadian Securities Exchange and the Nasdaq Capital Market.

Write to Adriano Marchese astatine adriano.marchese@wsj.com

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