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Addex Therapeutics Secures $2.8 Mln Via ATM Sale; Cash Runway Extended To Q4 2027;Stock Up

Source: Nasdaq

Healthcare & BiotechPrivate Markets & VentureCompany Fundamentals

Addex Therapeutics raised $2.8 million in gross proceeds by selling 0.44 million ADS under its at-the-market (ATM) offering (ADS representing 52.54 million shares). The financing provides incremental runway for the clinical-stage company, though the reported amount is modest and likely limits near-term share price impact.

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