Pasithea Therapeutics Corp ( KTTA )15 Jun 2026 22:14
$0.56...-5.26%..(-0.031) Today
( D ) has Analysts expect the price to increase by 408%.
https://www.nasdaq.com/market-activity/spos
12/01/2025 Priced 0.75 .
Goggle finance does not show the Secondary Public Offer 12/1/26 .
The filing was Pasithea Therapeutics Corp 11/18/2025 ( 18th November )$11,134,999
( They refer to a much larger 60, 000,000 )
They might be referring to it as November 2025 as price is the same as were the warrants
These Pre-Funded Warrants were offered as an alternative for investors who would otherwise exceed ownership limits (typically 4.99% or 9.99%) by purchasing common stock .
Does show .
November 2025 Public Offering: The company closed a major $60 million public offering on December 1, 2025.
This raise involved the issuance of 80 million shares of common stock (or pre-funded warrants) and was led by healthcare-focused investors .
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May 2025, the company completed a smaller $5 million public offering at $1.40 per share to fund research and clinical trials for its lead candidate, PAS-004.
14/01/2026 was trying to buy at 0.75
Pasithea declined sharply by approximately 22% this June. Recent regulatory designations and earnings beats initially provided support, but severe downward technical momentum and delisting risks have soured sentiment. Analysts project potential long-term upside contingent on upcoming PAS-004 clinical data, though near-term consensus remains cautious due to persistent price weakness.
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Nasdaq Delisting Compliance Risk: The company is currently under notice for non-compliance with Nasdaq's $1.00 minimum bid price requirement. With the stock trading at approximately $0.56, it must regain compliance by 19 August 2026, or it may face delisting or be forced to implement a reverse stock split.
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Significant Technical Downward Trend: Technical indicators suggest strong bearish momentum as the 10-day moving average crossed below the 50-day average in late May. The stock has fallen in 7 of the last 10 trading days, and analysts indicate a 90% probability of continued downward movement in the short term.
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