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MYnd Analytics files for common stock offering on behalf of selling stockholders

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MYnd Analytics files for common stock offering on behalf of selling stockholders

MYnd Analytics Inc. filed a registration statement relating to the sale of up to 1,630,906 common shares by certain selling stockholders.

The shares being offered are comprised of 1,263,406 shares issued upon conversion of certain secured convertible notes, 167,500 shares issued to certain current and former directors and officers, and 200,000 shares issued to accredited investors in private placement transactions.

The filing lists a proposed maximum aggregate offering price of about $14.8 million, or $9.05 per share.

MYnd will not receive any proceeds from the sale of shares by the selling stockholders.