May. 9 at 11:54 PM
$CGTX The FDA meeting on May 20, 2026 (very soon) with the Division of Psychiatry is specifically to discuss plans for a registration study. This builds on prior productive Type C/end-of-Phase 2 meetings. Positive alignment here could de-risk the path forward and support a faster/more focused development program. 
• Financials are solid for a micro-cap biotech: Cash ~
$31M +
$25.6M in NIH grant funds → runway into Q2 2027. Q1 net loss narrowed significantly (lower R&D spend as trials wind down/optimize). No immediate dilution pressure.