Forecast Ledgerinterventional psychiatry and psychedelic medicineQuoted, dated predictions scored against public outcomes under one written method. Every score links to the words, the rule and the evidence.

Pending · due 16 May 2027

Rules 1.1.0 · as of 14 Sep 2026

Quote

“It of course always depends on the broader macro environment for biotech, but if all 4 phase 2 trials are successful atai should trade at a multiple of where it trades today.”
· Christian Angermayer on X (reply): if all 4 phase 2 trials are successful atai should trade at a multiple · tweet

Reply to a follower asking about the share price after the DoubleBlind profile; conditional call that success in atai's four Phase 2 trials would lead to a multiple of the then share price.

Intake

EventA proposition written from a template on the asset, with a resolution criterion and a named public source, before the outcome is looked up. The same event resolves every person's items on it. Method ›
atai share price at or above twice its 16 May 2025 close
AreaOne of five topic classes: regulatory decisions, clinical trial outcomes, company and market outcomes, payer and policy, practice adoption. Every event has one area. Method ›
Company and market outcomes
DeadlineThe date by which the event must happen for the item to be true. It comes only from the person's words through the anchor table. Method ›
None stated · undated panelItems with no deadline in the person's words, scored on a uniform 24-month window from the statement date. Part of the headline panel since rules 1.1.0; also shown on its own. Method ›, 24-month window to 16 May 2027
Probability
0.70 LexiconThe fixed five-bin table that turns a phrase into a probability. The strongest phrase in the claim sentence decides; coders never read tone. Method › · binOne of five lexicon steps: A 'will' 0.90, B 'probably' 0.70, C 'may' 0.50, D 'unlikely' 0.30, E 'never' 0.10. A stated number goes to the nearest bin for calibration only. Method › B · “should trade at a multiple of where it trades today”
Base rateThe probability a published external study gives an event of that class and stage, fixed at intake. Halved when the item window is shorter than the class median time to decision. Never learned from the ledger's own items. Method ›
None in the table
Tags
affiliated, conditional, retrospective
Coder BCohen's kappa: agreement between two coders beyond chance, from -1 to 1. Reported for admit, event, deadline, bin and asserts from the second-coder match test. Method ›
admittedA statement that passed intake: sincere, the person's own claim, forward-looking, inside the five areas, and not excluded by a reason code. Only admitted statements become items. Method › · event E-0103 · deadline none · bin B
Registry entry

The Nasdaq closing price of atai Life Sciences (ATAI, or its successor listing) is at or above two times its closing price on 16 May 2025, per Nasdaq closing prices.

Resolved on the named data series only: the Nasdaq daily closing price of atai Life Sciences common stock (ATAI, or its successor listing), adjusted for any split or reverse split. The reference price is the ATAI Nasdaq close on 2025-05-16. TRUE on the first trading day after the statement date on which the closing price is at or above 2.0 times the reference price. The threshold is in the forecaster's words ('a multiple of where it trades today', read at its lower bound of two times), so it resolves as binary at 2.0 with no band. FALSE at the window end when no close has reached 2.0 times the reference price. If the shares stop trading with no successor listing and no price series has published 12 months after the window end, the event is unresolvable. Realized values are stored, not scored.

Resolution source: Nasdaq daily closing prices for ATAI (or successor listing)

Readings: 'A multiple of where it trades today' is read at its lower bound: a closing price at least two times the 2025-05-16 close, the smallest multiple.; 'Where it trades today' = the Nasdaq closing price on the statement date, 2025-05-16, a fact fixed on that date.; 'It of course always depends on the broader macro environment for biotech' is a hedge, not an observable condition; it is not coded as a condition.

How to read
The event, criterion and deadline were written at intake, before the outcome1 if the registry event happened on or before the item's deadline, 0 if it did not. Written by a resolver who never sees p. Method › was looked up. Coder B coded the statement independently.

Coder A

Resolution

State
PendingAn item whose deadline has not passed. Counted, never scored. Method ›
Effective deadlineAn item enters the score only when its deadline has passed and the outcome is true or false. A claim already known true still waits for its deadline. Method ›
16 May 2027
Outcome1 if the registry event happened on or before the item's deadline, 0 if it did not. Written by a resolver who never sees p. Method ›
occurred on 21 Jul 2025 · checked through 14 Sep 2026
Resolver note
Reference close 2025-05-16 = USD 1.65; threshold = USD 3.30. Closes after that date: 2025-07-17 2.79, 2025-07-18 3.23, 2025-07-21 3.53. The first close at or above 2.0 times the reference is 2025-07-21 at USD 3.53, a ratio of 2.14. Two independent republishers of the Nasdaq close (Macrotrends and Yahoo Finance) give identical values for 2025-05-16, 2025-07-18 and 2025-07-21. No split or reverse split is recorded in the series. The price stayed far above the threshold afterwards (USD 5.48 October 2025 offering price; USD 7.35 close on 2026-09-11). Eli Lilly completed its acquisition of AtaiBeckley on 2026-09-11, ending the ATAI listing, after the event had resolved.
BrierThe squared gap between a probability and the outcome, (p - o)^2. 0 is perfect, 0.25 is the constant coin flip, 1 is confidently wrong. Lower is better. Method ›
Not scored
Adversarial recheck

upheld (date): Attacked the first-true date: the 2025-07-01 Phase 2b topline and the mid-July financing both moved ATAI sharply, so an earlier close could have crossed 2.0x. It did not. The Nasdaq daily close series (Yahoo Finance chart data, NasdaqGM) gives 2025-05-16 = 1.65, so the threshold is 3.30. Every close from 2025-05-19 to 2025-07-17 stays below it; the post-topline peak is 2.79 on 2025-07-17, and 2025-07-18 closes at 3.23 (confirmed at 3.22-3.23 by a third-party report of that session). The first close at or above 3.30 is 2025-07-21 at 3.53, a ratio of 2.14. No split or reverse split appears in the series, so no adjustment changes the ratio. Reference and threshold both rest on closing prices only, as the criterion requires. Recorded state and date stand.

How to read
State at window close; the outcome comes from the registry, the score from the rule.

Registry

Timeline

1 claim against 28 events in the field.

saiddueevent
30 May 2025 · Lykos Therapeutics: Lykos completes the first close of a Series B co-led by the Gracias Family Found2 Jun 2025 · atai Life Sciences / Beckley Psytech: atai agrees an all-share combination with Beckley Psytech, contingent on BPL-00316 Jun 2025 · Supernus Pharmaceuticals / Sage Therapeutics: Supernus agrees to acquire Sage Therapeutics (Zurzuvae) after Sage rebuffed Biog23 Jun 2025 · Compass Pathways: Compass shares fall sharply as investors judge the 3.6-point COMP005 effect size30 Jun 2025 · Cybin: Cybin announces a financing of up to $500M in convertible debentures to fund its20 Aug 2025 · Lykos Therapeutics: Lykos names former Point72 capital markets head Nick McEntire as president under28 Aug 2025 · Lykos Therapeutics / Resilient Pharmaceuticals: Lykos Therapeutics rebrands as Resilient Pharmaceuticals following the Gracias-l22 Oct 2025 · Mindbloom: A wrongful-death lawsuit is filed against at-home ketamine provider Mindbloom ov31 Oct 2025 · MindMed: MindMed closes an upsized underwritten public offering after positive phase 3 pl5 Nov 2025 · AtaiBeckley: atai and Beckley Psytech complete their combination to form AtaiBeckley; a $150M19 Nov 2025 · Done Global: A federal jury convicts Done founder Ruthia He and clinical president David Brod17 Dec 2025 · Done Global: A federal grand jury indicts Done Global itself over the alleged $100M Adderall 5 Jan 2026 · Cybin / Helus Pharma: Cybin rebrands as Helus Pharma and moves its US listing to Nasdaq under ticker H12 Jan 2026 · MindMed / Definium Therapeutics: MindMed rebrands as Definium Therapeutics (Nasdaq: DFTX from Jan 15) and guides 21 Jan 2026 · Johnson & Johnson (Spravato): J&J full-year 2025 results show Spravato sales of about $1.7B, with Q4 2025 up 618 Feb 2026 · Compass Pathways: Compass prices a $150M public offering the day after COMP006 topline; with warra1 Mar 2026 · Alto Neuroscience: Alto closes a $120M private placement led by Commodore Capital at $20 per share,17 Mar 2026 · Neuronetics: Neuronetics appoints Dan Reuvers as CEO as 2025 revenue nearly doubles after the7 Apr 2026 · Neuronetics: Neuronetics' top shareholder says the company has 'chronically underperformed' a29 Apr 2026 · GH Research: GH Research prices a $117.5M underwritten offering at $18 per share to fund the 13 May 2026 · Compass Pathways: Compass Q1 2026 update: rolling NDA sections already submitted, final submission25 Jun 2026 · Definium Therapeutics: Definium closes an upsized $805M public offering at $34 per share three days aft25 Jun 2026 · Helus Pharma: Helus completes a $50M underwritten offering, lifting cash to about $207M ahead 8 Jul 2026 · Done Global: Done founder Ruthia He is sentenced to 72 months in prison and fined $90M for th15 Jul 2026 · Johnson & Johnson (Spravato): J&J Q2 2026 results show Spravato sales of $584M, up 25% quarter over quarter an16 Jul 2026 · Eli Lilly / AtaiBeckley: Lilly agrees to acquire AtaiBeckley for $6.75 per share cash plus a CVR of up to3 Aug 2026 · Helus Pharma: Helus Pharma appoints Michael Halstead as chief executive officer ahead of its p11 Sep 2026 · Eli Lilly / AtaiBeckley: Eli Lilly completes its acquisition of AtaiBeckley, taking BPL-003 and VLS-01 inELI LILLY / ATAIBECKLEY: ELI LILLY COMPLETES ITS ACQUISITION OF ATAIBECKLEY, TAKING BPL-003 AND VLS-01 INATAI SHARE PRICE…atai share price at or above twice its 16 May 2025 close · stated 16 May 2025atai share price at or above twice its 16 May 2025 close · restated 16 May 2025 · p 70%70%TODAY20262027

Company and market outcomes