Compass Pathways Raising Up To $107.2 million For IPO, Valuation $500+ Million

  • 09/15/2020
  • Source:
  • by: PSW Editor
Compass Pathways has announced the terms for its IPO. Compass is seeking to raise up to $107.2 million as it prepares to list on the NASDAQ (symbol “CMPS”).

The financing will encompass 6.7 million American Depository Shares, priced between $14 and $16. Altogether, Compass will have 34.01 million shares outstanding by its IPO date.

Compass is preparing to go to market at a valuation at or about $544.1 million. In its most recent filing (June30th), Compass reported a loss of $24.8 million for the six months ending June 30, 2020.
 
Thumbnail Photo Credit: N/A by N/A is licensed under N/A N/A

Exclusives

Wall Street traders are currently smiling -- high atop their ivory towers and perched for a fall. The REAL rally in markets today is in gold.


DYNAMIC WEALTH RESEARCH

Analysis and insights into the newest trends and industries shaping the world and your wealth.

The world is more dynamic than at any time in History.
New Markets are opening up. Technology is accelerating. It’s changing everything.

And creating fortunes in the process.

Dynamic Wealth Research exposes the biggest and most profitable changes for our readers.
SHARE DYNAMIC WEALTH RESEARCH