other_material
confidence high
sentiment negative
materiality 0.75
InMed reduces exercise price of Sabby and Wainwright preferred investment options to $0.80
InMed Pharmaceuticals Inc.
- Sabby options now exercisable at $0.80 (was $2.436) for up to 2,151,478 shares.
- Wainwright options exercise price reduced to $0.80 from $82.50, $20.75, and $3.2013 for 153,236 shares.
- Amendments signed April 21 and April 24, 2026; announced April 27.
- Lower exercise price could lead to exercise and dilution of existing shareholders.
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