H.C. Wainwright Maintains Buy on Atai Beckley (ATAI) Following Breakthrough Therapy and Merger Completion

5 days ago 8

Sheryar Siddiq

Tue, November 25, 2025 astatine 7:39 AM CST 2 min read

Atai Beckley NV (NASDAQ:ATAI) ranks among the most oversold biotech stocks to put in. H.C. Wainwright reaffirmed its Buy standing and $15 terms people for Atai Beckley NV (NASDAQ:ATAI) connected November 14 pursuing the company’s third-quarter report. The steadfast highlighted a fig of important events from the report, including the company’s BPL-003 receiving Breakthrough Therapy Designation (BTD) successful treatment-resistant slump and the decision of the merger betwixt Atai Life Sciences and Beckley Psytech.

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Atai Beckley NV (NASDAQ:ATAI) reported coagulated findings from the open-label hold survey successful its Phase 2b objective proceedings for BPL-003. The survey recovered that administering a 12 mg dose of BPL-003 8 weeks aft the archetypal dose resulted successful accelerated antidepressant effects that lasted up to 8 weeks.

In addition, the study covered Atai Beckley NV (NASDAQ:ATAI) shareholders approving the acquisition of Beckley Psytech Limited and the company’s anticipated redomiciliation successful Delaware. In that context, the institution besides filed a connection for the resale of up to 5.3 cardinal shares successful transportation with its acquisition of Beckley Psytech.

Atai Beckley NV (NASDAQ:ATAI), headquartered successful the Netherlands, is simply a clinical-stage biopharmaceutical institution processing innovative treatments for intelligence wellness disorders, including depression, anxiety, and substance usage disorders.

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