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MapLight Therapeutics Raises $258.9 Million in Unconventional IPO Amid US Government Shutdown
ByAinvest
Sunday, Oct 26, 2025 6:00 pm ET1min read
MapLight Therapeutics Inc. has raised $258.9 million in an initial public offering and private placement. The biotechnology firm developing treatments for neurological disorders sold 14.75 million shares at $17 each. The IPO values the company at $704.3 million, following a previous funding round that valued it at $816 million. MapLight's experimental therapy is in mid-stage trials for schizophrenia and Alzheimer's disease psychosis.
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