Brief: Bioxcel Therapeutics Announces Termination Of Proposed Public Offering

BioXcel Therapeutics

13/02/2024 15:28

Feb 13 (Reuters) - BioXcel Therapeutics Inc  BTAI.O :
    * BIOXCEL THERAPEUTICS ANNOUNCES TERMINATION OF PROPOSED
PUBLIC
OFFERING
    * TERMINATED ITS PROPOSED PUBLIC OFFERING OF $60.0 MILLION
OF
SHARES OF ITS COMMON STOCK
    * CURRENT MARKET CONDITIONS ARE NOT CONDUCIVE FOR AN
OFFERING ON
TERMS THAT WOULD BE IN BEST INTERESTS OF STOCKHOLDERS
    * INTENDS TO FOCUS ON ITS UPCOMING MEETING WITH FDA ON FEB
20, FOR
ITS PHASE 3 TRANQUILITY AT HOME TRIAL

Source text for Eikon:  ID:nGNX2539L2 
Further company coverage:  BTAI.O 

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