Pasithea Therapeutics Corp. (KTTA)

NASDAQ: KTTA · IEX Real-Time Price · USD
0.370
-0.020 (-5.13%)
At close: Dec 29, 2023, 4:00 PM
0.365
-0.005 (-1.41%)
After-hours: Dec 29, 2023, 7:33 PM EST
-5.13%
Market Cap 7.71M
Revenue (ttm) 240,712
Net Income (ttm) -16.03M
Shares Out 20.84M
EPS (ttm) -0.62
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 267,120
Open 0.384
Previous Close 0.390
Day's Range 0.360 - 0.420
52-Week Range 0.263 - 0.870
Beta 0.71
Analysts Strong Buy
Price Target 2.00 (+440.54%)
Earnings Date Nov 13, 2023

About KTTA

Pasithea Therapeutics Corp., a biotechnology company, engages in research and discovery of treatments for Central Nervous System disorders, RASopathies, and other diseases. It operates through two segments, Therapeutics and Clinics. The company provides business support services to anti-depression clinics, entities, and registered healthcare providers. Its lead product candidate PAS-004, a next-generation mitogen-activated protein kinase, or MEK inhibitor designed to be macrocyclic for use in the treatment of a range of RASopathies, including n... [Read more]

Industry Biotechnology
Sector Healthcare
IPO Date Sep 15, 2021
Employees 15
Stock Exchange NASDAQ
Ticker Symbol KTTA
Full Company Profile

Financial Performance

In 2022, KTTA's revenue was $486,559, an increase of 3130.37% compared to the previous year's $15,062. Losses were -$13.94 million, 541.2% more than in 2021.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for KTTA stock is "Strong Buy." The 12-month stock price forecast is $2.0, which is an increase of 440.54% from the latest price.

Price Target
$2.0
(440.54% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Pasithea Therapeutics Announces Adjournment of Reconvened Meeting of Stockholders to December 29, 2023

Pasithea Therapeutics (Nasdaq: KTTA) adjourns stockholder meeting again to Dec 29 for voting on charter amendments, after partial adjournment on Dec 19.

3 days ago - GlobeNewsWire

Pasithea Therapeutics Announces Results from 2023 Annual Meeting

SOUTH SAN FRANCISCO, Calif. and MIAMI, Dec. 19, 2023 (GLOBE NEWSWIRE) -- Pasithea Therapeutics Corp. (“Pasithea” or the “Company”) (NASDAQ: KTTA), today announced that it held its annual meeting of st...

12 days ago - GlobeNewsWire

Pasithea Therapeutics Announces Positive In Vivo Preclinical Efficacy Data for PAS-004 from NRAS Mutation Cancer Xenograft Models

Pasithea Therapeutics (Nasdaq: KTTA) announced positive preclinical efficacy in models conducted ahead of its planned Phase I, in-human trials in 1Q24.

20 days ago - GlobeNewsWire

Pasithea Therapeutics Announces Adjournment of 2023 Annual Meeting of Stockholders

SOUTH SAN FRANCISCO, Calif. and MIAMI, Nov. 29, 2023 (GLOBE NEWSWIRE) -- Pasithea Therapeutics Corp. (“Pasithea” or the “Company”) (NASDAQ: KTTA), today announced that its annual meeting of stockholde...

4 weeks ago - GlobeNewsWire

Pasithea Therapeutics Announces Outcome of Pre-IND Meeting with FDA for PAS-004 Clinical Development

-- Company on track to submit PAS-004 IND application in current quarter -- -- Pasithea plans to begin PAS-004 Phase 1 dose escalation trial in advanced solid tumor patients harboring RAS, RAF and NF1...

4 weeks ago - GlobeNewsWire

Pasithea Therapeutics Selects PAS-003 Lead Development Candidate, a Humanized Monoclonal Antibody that Targets α5β1 Integrin for the Treatment of both Sporadic and Familial ALS

Pasithea Tx (Nasdaq: KTTA) Selects Lead Development Candidate, Humanized mAb that Targets α5β1 Integrin for Treatment of both Sporadic and Familial ALS

7 weeks ago - GlobeNewsWire

Pasithea Therapeutics Corp. Announces Final Results of Tender Offer

PALO ALTO, Calif. and MIAMI, Sept.

3 months ago - GlobeNewsWire

Pasithea Therapeutics to Participate in H.C. Wainwright 25th Annual Global Investment Conference

-- Attendees may request 1 x 1 meeting with management at meetings@hcwco.com --  PALO ALTO, Calif. and MIAMI, Fla., Sept. 07, 2023 (GLOBE NEWSWIRE) -- Pasithea Therapeutics Corp. (NASDAQ: KTTA) (“Pasi...

4 months ago - GlobeNewsWire

Pasithea Therapeutics publishes study in Proceedings of the National Academy of Sciences (PNAS) that shows an increase in α5 integrin expression in ALS human and mouse brain tissue, and further demonstrates targeting α5 integrin results in improved survival and motor function

-- PAS-003 is a monoclonal antibody targeting α 5/ β1 integrin for the treatment of amyotrophic lateral sclerosis (“ALS”) --   -- Lead α 5/ β1 integrin drug candidate to be selected in H2 2023 --

5 months ago - GlobeNewsWire

Pasithea Therapeutics Announces Intention to Commence a $4.0 Million Tender Offer for its Common Stock at Price of $0.70 per Share in Cash

PALO ALTO, Calif. and MIAMI, July 20, 2023 (GLOBE NEWSWIRE) -- Pasithea Therapeutics Corp. (NASDAQ: KTTA) (“Pasithea” or the “Company”), a biotechnology company focused on the discovery, research, and...

5 months ago - GlobeNewsWire

Pasithea Therapeutics Special Committee Rejects Unsolicited Bid from Lucy Scientific Discovery, Inc.

Proposal Does Not Adequately Reflect Pasithea's Strategic Value and Prospects for Continued Growth Proposal Does Not Adequately Reflect Pasithea's Strategic Value and Prospects for Continued Growth

5 months ago - GlobeNewsWire

Pasithea Therapeutics Confirms Previous Creation of Independent Special Committee of its Board of Directors

Special Committee Continues to Actively Evaluate Unsolicited Proposal from Lucy Scientific Discovery Inc. Special Committee Continues to Actively Evaluate Unsolicited Proposal from Lucy Scientific Dis...

6 months ago - GlobeNewsWire

Pasithea Therapeutics Confirms Receipt of Unsolicited Proposal from Lucy Scientific Discovery Inc.

PALO ALTO, Calif. and MIAMI, June 06, 2023 (GLOBE NEWSWIRE) -- Pasithea Therapeutics Corp. (NASDAQ: KTTA) (“Pasithea” or the “Company”), a biotechnology company focused on the discovery, research, and...

7 months ago - GlobeNewsWire

Pasithea Therapeutics Abstract Accepted for Poster Presentation at 2023 Neurofibromatosis Conference

PALO ALTO, Calif. and MIAMI, June 01, 2023 (GLOBE NEWSWIRE) -- Pasithea Therapeutics Corp. (NASDAQ: KTTA) (“Pasithea” or the “Company”), a biotechnology company focused on the discovery, research, and...

7 months ago - GlobeNewsWire

Pasithea Therapeutics to Participate in EF Hutton Inaugural Global Conference

PALO ALTO, Calif. and MIAMI, Fla., May 03, 2023 (GLOBE NEWSWIRE) -- Pasithea Therapeutics Corp. (NASDAQ: KTTA) (“Pasithea” or the “Company”), a biotechnology company focused on the discovery, research...

8 months ago - GlobeNewsWire

Pasithea Therapeutics Chairman, Prof. Lawrence Steinman to Deliver Dr. Kenneth P.

Event theme, “MS: Going Viral” touches on the role of viruses in MS, particularly Epstein-Barr, a topic related to Company's PAS-002 drug discovery program

11 months ago - GlobeNewsWire

Pasithea Therapeutics Chairman, Prof. Lawrence Steinman to Receive Pioneer in Medicine Award

Prestigious award presented by Society for Brain Mapping & Therapeutics (SBMT) and the World Brain Mapping Foundation Prestigious award presented by Society for Brain Mapping & Therapeutics (SBMT) and...

11 months ago - GlobeNewsWire

Pasithea Therapeutics Signs CMC Development and Manufacturing Agreement for the Production of PAS-004

-- Plans to Initiate a Phase 1 Clinical Trial in the U.S. for Neurofibromatosis Type 1 (NF1) in 2H 2023 -- MIAMI BEACH, Fla., Jan. 18, 2023 (GLOBE NEWSWIRE) -- Pasithea Therapeutics Corp. (NASDAQ: KTT...

1 year ago - GlobeNewsWire

Majority of Stockholders Support Pasithea Directors at Special Meeting

MIAMI BEACH, Fla., Dec. 14, 2022 (GLOBE NEWSWIRE) -- Pasithea Therapeutics Corp. (Nasdaq: KTTA) (“Pasithea” or the “Company”), a biotechnology company focused on the discovery, research and developmen...

1 year ago - GlobeNewsWire

Pasithea Therapeutics Announces Comprehensive Settlement Agreement with the Camac Group

MIAMI BEACH, Fla., Dec. 12, 2022 (GLOBE NEWSWIRE) -- Pasithea Therapeutics Corp. (Nasdaq: KTTA) (“Pasithea” or the “Company”), a biotechnology company focused on the discovery, research and developmen...

1 year ago - GlobeNewsWire

Investor Group Recommends Stockholders Vote the WHITE Proxy Card for Boardroom Change at Pasithea Therapeutics

NEW YORK & TORONTO--(BUSINESS WIRE)--Camac Partners, LLC, affiliates of Concord Investment Partners Ltd., and Leonite Capital LLC (collectively with their affiliates, the “Investor Group” or “we”), ...

1 year ago - Business Wire

Pasithea Therapeutics to Present at Annual Meeting of the Antibody Society Conference

PAS-003 is a first in class monoclonal antibody targeting Alpha 5 Beta 1 integrin as a treatment for amyotrophic lateral sclerosis (ALS) and other neuroinflammatory-driven CNS diseases PAS-003 is a fi...

1 year ago - GlobeNewsWire

Pasithea Therapeutics Postpones Special Meeting until December 9, 2022 at 9:00 AM Eastern Time

MIAMI BEACH, Fla., Nov. 28, 2022 (GLOBE NEWSWIRE) -- Pasithea Therapeutics Corp. (Nasdaq: KTTA) (“Pasithea” or the “Company”), a biotechnology company focused on the discovery, research and developmen...

1 year ago - GlobeNewsWire

Pasithea Therapeutics to Present Tolerizing Vaccine Program Results at Immunotherapy 2022 International Course and Symposium

Pasithea's Chairman, Prof. Lawrence Steinman, to be Awarded Honorary Doctorate by University of Buenos Aires Pasithea's Chairman, Prof. Lawrence Steinman, to be Awarded Honorary Doctorate by Universit...

1 year ago - GlobeNewsWire

Investor Group Comments on Pasithea Therapeutics' Seemingly Defensive and Ill-Timed Acquisition of AlloMek Therapeutics

NEW YORK & TORONTO--(BUSINESS WIRE)--Camac Partners, LLC, affiliates of Concord Investment Partners Ltd.

1 year ago - Business Wire