pH Partners Serves as Exclusive Financial Advisor to Sound Minds Behavioral on its $26.5 Million Capital Raise

ELLICOTT CITY, MD, July 10, 2026 – Sound Mind Behavioral, a leading outpatient behavioral health platform, announced today that it has closed a $26.5 million capital raise. The transaction included $1.5 million in equity capital from BrainsWay Ltd. (NASDAQ & TASE: BWAY) and various company insiders, along with $25 million in debt financing provided by Catalur Capital Management. pH Partners served as Exclusive Financial Advisor to Sound Mind Behavioral on the transaction.

Sound Mind Behavioral operates across Connecticut, Pennsylvania, New York, and New Jersey, providing therapy, medication management, PHP/IOP, and interventional psychiatry services to patients across a growing footprint.

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About Sound Minds Behavioral
Sound Minds Behavioral is a leading outpatient behavioral health platform providing therapy, medication management, PHP/IOP, and interventional psychiatry services across Connecticut, Pennsylvania, New York, and New Jersey.

About BrainsWay Ltd.
BrainsWay Ltd. (NASDAQ & TASE: BWAY) is an international company engaged in the development of a medical device that uses H-coil for deep transcranial magnetic stimulation (Deep TMS) as a non-invasive treatment for depression, OCD, and smoking addiction, headquartered in Burlington, Massachusetts. For more information, please visit brainsway.com.

About Catalur Capital Management
Catalur Capital Management, LP is a New York-based investment management firm that focuses on credit and special situation investments across public and private markets. For more information, please visit catalur.com.

About pH Partners
pH Partners, LLC, is a boutique investment banking firm delivering capital formation, strategic partnership, and merger and acquisition services to companies at the convergence of Healthcare, Technology and the Consumer. The pH Partners team consists of senior-level executives with extensive backgrounds in investment banking, life sciences, medicine and operations, and have collectively closed over $20B in strategic advisory transactions, and have raised more than $5B in capital for their clients. pH Partners is headquartered in Austin, Texas with offices in Houston and Portland. To learn more, visit phpartners.com.

pH Partners’ transaction leads:

Gareth Petsch
Managing Director

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