Relmada Therapeutics, Inc. (Nasdaq: RLMD), a clinical-stage company developing novel therapies for the treatment of central nervous system (CNS) diseases, today announced the closing of its previously announced underwritten public offering of 3,833,334 shares of its common stock, which includes the exercise in full by the underwriters of their option to purchase up to 500,000 additional shares of common stock, at a public offering price of $30.00 per share. The gross proceeds from the offering, before deducting underwriting discounts and offering expenses, were approximately $115.0 million.

Jefferies, SVB Leerink and Guggenheim Securities acted as joint book-running managers for the offering.

About Relmada Therapeutics, Inc.

Relmada Therapeutics is a clinical-stage, publicly traded biotechnology company developing novel medicines that potentially address areas of high unmet medical need in the treatment of central nervous system (CNS) diseases. Relmada's lead program, dextromethadone (REL-1017), is an N-methyl-D-aspartate (NMDA) receptor antagonist. NMDA receptor antagonists may have potential in the treatment of a range of psychiatric and neurological disorders associated with a variety of cognitive, neurological and behavioral symptoms.