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ARTICLE | Financial News

Axsome raises $9.5M in direct offering

December 8, 2017 4:17 AM UTC

CNS company Axsome Therapeutics Inc. (NASDAQ:AXSM) raised $9.5 million through the sale of 1.8 million units at $5.33 in a registered direct offering led by HC Wainwright.

Each unit represents one share of common stock and one warrant to purchase one share of common stock at $5.33. The warrants are exercisable at $5.25...