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ATAI Life Sciences ( (ATAI) ) has provided an announcement.
On October 20, 2025, atai Life Sciences announced the successful closing of its public offering of 27,283,750 common shares, raising approximately $149.5 million. The proceeds, along with existing cash resources, will fund the advancement of clinical trials for its product candidates, including the Phase 3 program for BPL-003 and Phase 2 trials for VLS-01 and EMP-01. This financing is expected to support operations into 2029, reflecting strong investor confidence in atai’s mission to transform mental health treatment.
The most recent analyst rating on (ATAI) stock is a Buy with a $10.00 price target. To see the full list of analyst forecasts on ATAI Life Sciences stock, see the ATAI Stock Forecast page.
Spark’s Take on ATAI Stock
According to Spark, TipRanks’ AI Analyst, ATAI is a Neutral.
ATAI Life Sciences’ stock is influenced significantly by strong technical momentum and positive corporate events, despite financial challenges. The company’s reliance on external funding and negative valuation metrics pose risks, but strategic initiatives provide growth potential.
To see Spark’s full report on ATAI stock, click here.
More about ATAI Life Sciences
atai Life Sciences is a clinical-stage biopharmaceutical company focused on developing effective treatments for mental health disorders. Its pipeline includes psychedelic-based therapies such as BPL-003 for treatment-resistant depression, VLS-01 for the same condition, and EMP-01 for social anxiety disorder. The company is also working on a drug discovery program for novel, non-hallucinogenic therapies for depression and opioid use disorder.
Average Trading Volume: 6,480,131
Technical Sentiment Signal: Buy
Current Market Cap: $1.5B
For detailed information about ATAI stock, go to TipRanks’ Stock Analysis page.