Ovid Therapeutics prices USD 60 million private placement

Reuters03-18

Ovid <a href="https://laohu8.com/S/LENZ">Therapeutics</a> prices USD 60 million private placement

Ovid announced a PIPE private placement expected to raise USD 60 million in gross proceeds. The company agreed to sell 19,154,321 common shares at USD 2.01 per share. Ovid also agreed to sell pre-funded warrants for up to 10,701,710 common shares at USD 2.009 per warrant. The securities were sold in an unregistered transaction not involving a public offering.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ovid Therapeutics Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202603180600PRIMZONEFULLFEED9674256) on March 18, 2026, and is solely responsible for the information contained therein.

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