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Axsome Therapeutics Announces Successful Completion of $225 Million Public Offering

Axsome Therapeutics, a renowned biopharmaceutical company specializing in the development and delivery of innovative therapies for central nervous system (CNS) disorders, has recently concluded its highly anticipated underwritten public offering. This offering, which involved the sale of 3,000,000 shares of the company's common stock at a price of $75.00 per share, successfully generated aggregate gross proceeds of $225.0 million. With this significant influx of capital, Axsome aims to advance its late-stage pipeline, fund ongoing and potential new clinical programs, and expand its commercialization efforts.

Fueling Innovation in CNS Disorders

Axsome Therapeutics stands at the forefront of cutting-edge research and development in the field of central nervous system diseases. The company's commitment to addressing unmet medical needs and improving patient outcomes has guided its strategic endeavors. By harnessing the power of innovative therapies, Axsome seeks to provide effective treatment options for conditions that currently lack satisfactory solutions.

A Successful Offering

The recently concluded underwritten public offering has been a resounding success for Axsome Therapeutics. The company issued 3,000,000 shares of common stock to investors at a price of $75.00 per share, resulting in an impressive total of $225.0 million in gross proceeds. This achievement highlights the strong investor interest and confidence in Axsome's potential to revolutionize the management of CNS disorders.

Lead Bookrunning Manager and Joint Bookrunning Managers

Axsome Therapeutics enlisted the expertise of reputable firms to facilitate the public offering. SVB Securities served as the lead bookrunning manager, overseeing the entire process. Guggenheim Securities, Truist Securities, William Blair, and Cantor acted as joint bookrunning managers, working alongside Axsome to ensure the success of the offering.

Expanding the Late-Stage Pipeline

The significant proceeds generated from the public offering will play a crucial role in advancing Axsome Therapeutics' late-stage pipeline. The company aims to allocate the funds towards existing and potential new clinical programs, products, and product candidates. This strategic investment will enable Axsome to accelerate the development of innovative therapies and bring them closer to commercialization.

Strengthening Commercialization Efforts

Axsome recognizes the importance of effectively commercializing its novel therapies to reach the patients who need them most. With the proceeds from the public offering, the company plans to expand its commercialization efforts. By investing in marketing and distribution channels, Axsome aims to ensure that its innovative treatments are accessible to healthcare professionals and patients worldwide.

About Axsome Therapeutics, Inc.

Axsome Therapeutics, Inc. is a leading biopharmaceutical company dedicated to developing and delivering groundbreaking therapies for central nervous system (CNS) conditions. With a focus on addressing unmet medical needs, Axsome aims to improve the lives of individuals living with CNS disorders. The company's innovative approach and commitment to scientific excellence have positioned it as a key player in the field of CNS therapeutics.

Securities and Exchange Commission (SEC) Compliance

Axsome Therapeutics conducted its public offering in compliance with the regulations set forth by the Securities and Exchange Commission (SEC). The company's offering was made under a previously filed shelf registration statement on Form S-3, which became effective upon filing with the SEC. This ensures that the offering is conducted transparently and in accordance with the established guidelines.

Obtaining the Prospectus

Investors and interested parties can access the necessary information regarding Axsome Therapeutics' public offering through the Securities and Exchange Commission's (SEC) website at The final prospectus supplement and accompanying prospectus are available for download and review. Additionally, physical copies of the prospectus can be obtained by contacting SVB Securities LLC.


Axsome Therapeutics has successfully concluded its underwritten public offering, raising $225.0 million in gross proceeds. This significant achievement underscores the company's commitment to advancing the treatment options available for individuals with central nervous system disorders. With this capital infusion, Axsome is poised to accelerate the development of its late-stage pipeline, expand commercialization efforts, and ultimately improve the lives of patients worldwide.

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