Cybin Inc (CYBN) Prices 24.26M Unit Offering at $0.34/sh

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Go back to Cybin Inc (CYBN) Prices 24.26M Unit Offering at $0.34/sh

Cybin Announces Size and Pricing of Previously Announced Overnight Marketed Public Offering of Units

August 1, 2023 9:32 AM EDT

TORONTO--(BUSINESS WIRE)-- Cybin Inc. (NYSE American: CYBN) (NEO: CYBN) (Cybin or the Company), a clinical-stage biopharmaceutical company committed to revolutionizing mental healthcare by developing new and innovative psychedelic-based treatment options, announced today the pricing of its previously announced overnight marketed public offering (the Offering) of an aggregate of 24,264,706 units of the Company (the Units) at a price of US$0.34 per Unit for aggregate gross proceeds of US$8,250,000.

Each Unit will be comprised of one common share in the capital of the Company (a Common... More