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Monday, August 11, 2025

BioXcel Therapeutics Raises $30.4M, Meets Financing Covenant

 BioXcel Therapeutics announced its CEO, Vimal Mehta, will participate in a fireside chat at the Canaccord Genuity 45th Annual Growth Conference on August 12, 2025. The company has successfully met its Oaktree Financing Covenant by raising approximately $30.4 million through various financings, including public offerings and an at-the-market program, as of August 8, 2025. This financial achievement strengthens BioXcel’s operational stability and supports its ongoing development efforts.

https://www.tipranks.com/news/company-announcements/bioxcel-therapeutics-raises-30-4m-meets-financing-covenant

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