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ATAI -12.33% CUPR -1.92%

Christian Angermayer is a big believer in the future of psychedelic medicines. Which is exactly why he’s pouring tens of millions of dollars into acquiring more of atai Life Sciences.

What’s happening:

  • Christian Angermayer has publicly disclosed he has purchased $19M USD worth of common shares in atai Life Sciences (NASDAQ: ATAI) through new filings made with the United States Securities and Exchange Commission

By the numbers:

  • Christian Angermayer purchased roughly 8.6M common shares of atai Life Sciences at a price of $2.19 USD per share
  • The new purchase brings Christian Angermayer’s total equity stake in atai Life Sciences to more than 51M common shares

Why it matters:

Going deeper: