Field Trip Intends to Use the Net Proceeds From the Offering for the Development of the Company’s FT-104 Novel Psychedelic Development Program, the Opening of New Field Trip Health Centers, and for Working Capital and General Corporate Purposes
Field Trip Health (OTC:FTRPF) announced that, due to strong demand, it has agreed with a syndicate of underwriters led by Bloom Burton Securities, to increase the size of its previously announced $50,000,015 bought deal offering. Pursuant to the upsized deal terms, the underwriters have agreed to purchase, on a bought deal basis, 12,750,000 common shares of Field Trip, at a price of $6.50, for aggregate gross proceeds of $82,875,000.
Thanks to Philanthropic Support From Several Donors, a Renowned Institution Will Create a New Research Center Dedicated Entirely to the Field of Psychedelic Medicine
More than $10 million in donations will help establish the new NYU Langone Center for Psychedelic Medicine, where researchers will continue their work on psychedelics with a focus on psychiatry, medicine, and preclinical research. It will also create a dedicated psychedelic medicine research training program, something that Dr. Michael P. Bogenschutz, professor of psychiatry at NYU Grossman School of Medicine says is necessary more now than ever given the explosion of interest in Psychedelics and their potential uses. Financial support for the center totalling more than $10 million comes from a wide range of entities and individuals including psychedelics company
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Amid the COVID-19 crisis, the global market for Cryogenic Tanks estimated at US$5.3 Billion in the year 2020, is projected to reach a revised size of US$7.9 Billion by 2027, growing at a CAGR of 5.8% over the analysis period 2020-2027.Liquid Nitrogen, one of the segments analyzed in the report, is projected to grow at a 6.5% CAGR to reach US$2.8 Billion by the end of the analysis period.After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Liquefied Natural Gas (LNG) segment is readjusted to a revised 5.4% CAGR for the next 7-year period. This segment currently accounts for a 25% share of the global Cryogenic Tanks market.
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ResearchAndMarkets.com s offering.
Amid the COVID-19 crisis, the global market for Cryogenic Tanks estimated at US$5.3 Billion in the year 2020, is projected to reach a revised size of US$7.9 Billion by 2027, growing at a CAGR of 5.8% over the analysis period 2020-2027. Liquid Nitrogen, one of the segments analyzed in the report, is projected to grow at a 6.5% CAGR to reach US$2.8 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Liquefied Natural Gas (LNG) segment is readjusted to a revised 5.4% CAGR for the next 7-year period. This segment currently accounts for a 25% share of the global Cryogenic Tanks market.
Global Cryogenic Tanks Market to Reach US$7 9 Billion by the Year 2027 - ResearchAndMarkets com - Press Release digitaljournal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from digitaljournal.com Daily Mail and Mail on Sunday newspapers.