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Alto Neuroscience Announces $120 Million Private Placement Financing

MOUNTAIN VIEW, Calif., March 16, 2026--Alto Neuroscience, Inc. ("Alto") (NYSE: ANRO), a clinical-stage biopharmaceutical company focused on the development of novel precision medicines for neuropsychiatric disorders, announced today that it has entered into a securities purchase agreement with institutional and accredited investors to sell securities in a private placement financing (the "PIPE") for gross proceeds of approximately $120 million, before deducting offering expenses. The financing i

articleAlto Neuroscience, Inc.March 16, 20265/company/alto-neuroscience-inc/news/alto-neuroscience-announces-dollar120-million-private-placement-financing
Alto Neuroscience Announces $120 Million Private Placement Financing

About this update from Alto Neuroscience, Inc.

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More updates from Alto Neuroscience, Inc.

Driehaus Capital Managementbiopharmaceutical companycommon stocktreatment resistant depressionthe PIPETRDPIPEfixed-dose combination