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Benzinga

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Lara Goldstein

Major Goals For ATAI: $175M Secured In Term Loan Facility, Plus Q2 Earnings Report

ATAI Hercules Capital Hercules Nasdaq Srinivas Rao Depression

Clinical-stage psychedelics company ATAI Life Sciences N.V. (NASDAQ:ATAI) announced its financial results for the quarter ended June 30, 2022 and business updates, including a term loan facility agreement for up to $175 million provided by Hercules Capital Inc. (NYSE:HTGC).

The company expects the new non-dilutive financing facility, together with the total existing cash in hand, will provide cash runway until 2025, as the flexible draw availability provides options to optimize liquidity and capital structure moving forward in ATAI’s developments.

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Isaias strengthens into Category 2 hurricane; halts 63% of Gulf oil output, 1.3 mln barrels a day off market

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Missouri Deputy Struck Persephone Berger, 16, as Family Accuses Police of Misleading Them About Hit-And-Run

Missouri Deputy Struck Persephone Berger, 16, as Family Accuses Police of Misleading Them About Hit-And-Run

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Isaias strengthens into Category 2 hurricane; halts 63% of Gulf oil output, 1.3 mln barrels a day off market

Isaias strengthens into Category 2 hurricane; halts 63% of Gulf oil output, 1.3 mln barrels a day off market

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Florida Drops Moral Exemption From Vaccine Rule but Still Plans to End Four School and Child Care Requirements

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Florida removed a proposed moral vaccine exemption but still plans to end four school shot rules. What parents should know after Thursday's hearing.

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Missouri Deputy Struck Persephone Berger, 16, as Family Accuses Police of Misleading Them About Hit-And-Run

Missouri Deputy Struck Persephone Berger, 16, as Family Accuses Police of Misleading Them About Hit-And-Run

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How to watch NASCAR at Charlotte II: Weekend schedule, start time, entry list, TV

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