Peter Thiel-Backed Psychedelics Start-Up Plans to Raise $100 Million in IPO

The Berlin-headquartered company, which counts billionaire investor Peter Thiel as one of its main backers, submitted an S-1 filing to the Securities and Exchange Commission. The filing shows that ATAI has raised an aggregate of $362.3 million from private investors so far. Underwriters for the IPO include Credit Suisse, Citigroup,...