Thiel-backed psychedelics startup Atai valued at over $3 bln in Nasdaq debut

AtaiBeckley

18/06/2021 16:36

June 18 (Reuters) - Shares of Atai Life Sciences B.V.,
backed by billionaire investor Peter Thiel, jumped 40% in their
U.S. stock market debut on Friday, giving the German
psychedelics startup a market capitalization of $3.19 billion. 
    
      

 (Reporting by Sohini Podder and Niket Nishant in Bengaluru;
Editing by Devika Syamnath)
 ((sohini.podder@thomsonreuters.com;))