Bright Minds (NASDAQ: DRUG) even numbered day Spike Higher

August 24, 2022 8:08 a.m. EDT

(24/7 MARKET NEWS) – Bright Minds Biosciences (NASDAQ: DRUG) is trading is this morning’s premarket at $1.74, up $0.41 (+30.83%), on over 3.7 million shares.

Today’s price spike is the third even numbered day in a row to see a price spike.

The biotechnology company announced, last night, the pricing of its previously announced offering of an aggregate of 2,858,000 units at a price of $1.40 per Unit, for about $4 million in aggregate gross proceeds, with each Unit is comprised of one common share in the capital of the Company and one common share purchase warrant.

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