Title:TOI-1201 b: A mini-Neptune transiting a bright and moderately young M dwarf

Abstract:We present the discovery of a transiting mini-Neptune around TOI-1201, a relatively bright and moderately young early M dwarf ($J \approx$ 9.5 mag, $\sim$600-800 Myr) in an equal-mass $\sim$8 arcsecond-wide binary system, using data from the Transiting Exoplanet Survey Satellite (TESS), along with follow-up transit observations. With an orbital period of 2.49 d, TOI-1201 b is a warm mini-Neptune with a radius of $R_\mathrm{b} = 2.415\pm0.090 R_\oplus$. This signal is also present in the precise radial velocity measurements from CARMENES, confirming the existence of the planet and providing a planetary mass of $M_\mathrm{b} = 6.28\pm0.88 M_\oplus$ and, thus, an estimated bulk density of $2.45^{+0.48}_{-0.42}$ g cm$^{-3}$. The spectroscopic observations additionally show evidence of a signal with a period of 19 d and a long periodic variation of undetermined origin. In combination with ground-based photometric monitoring from WASP-South and ASAS-SN, we attribute the 19 d signal to the stellar rotation period ($P_{rot}=$ 19-23 d), although we cannot rule out that the variation seen in photometry belongs to the visually close binary companion. We calculate precise stellar parameters for both TOI-1201 and its companion. The transiting planet is an excellent target for atmosphere characterization (the transmission spectroscopy metric is $97^{+21}_{-16}$) with the upcoming James Webb Space Telescope. It is also feasible to measure its spin-orbit alignment via the Rossiter-McLaughlin effect using current state-of-the-art spectrographs with submeter per second radial velocity precision.