- Alto Neuroscience has entered an underwriting agreement to sell 3,776,436 shares of common stock at $26.48 per share in a registered direct offering.
- The company expects to raise approximately $93.9 million, with proceeds aimed at supporting the accelerated clinical development of ALTO-207, including a planned Phase 3 trial.
- Closing of this offering is anticipated on July 14, 2026, pending customary conditions.