Cognition Therapeutics Closes $30 Million Direct Offering-February 2024-www.financetom.com

Cognition Therapeutics Closes $30 Million Direct Offering

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Cognition Therapeutics Closes $30 Million Direct Offering

Sep 2, 2025 3:14 PM

05:40 PM EDT, 09/02/2025 (MT Newswires) -- Cognition Therapeutics ( CGTX ) said late Tuesday it has closed a direct offering of 14.7 million shares at $2.05 apiece to two new institutional investors, raising around $30 million.

The company said the proceeds will help support its phase 3 development of zervimesine for neurodegenerative disorders.

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