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Stock impact report

InMed Enters Into Standby Equity Purchase Agreement [Yahoo! Finance]

InMed Pharmaceuticals Inc. - Common Shares (INM) 
Company Research Source: Yahoo! Finance
with YA II PN, LTD, allowing the company to sell up to 10 million common shares over 36 months to raise capital on an as-needed basis. The agreement provides flexibility and an extended runway to accelerate pharmaceutical programs and business development initiatives. The shares will be priced at 97% of the market price during a specified three-day pricing period, with InMed reserving the right to set a minimum acceptable price. The agreement is subject to certain conditions, including the effectiveness of a registration statement with the Securities and Exchange Commission. Generated by Yahoo Finance AI Yahoo Finance used generative AI to summarize key information from this article. Some details may be inaccurate. We take that seriously. Reporting mistakes helps us improve these summaries. Was this helpful? Yes No Vancouver, British Columbia--(Newsfile Corp. - December 17, 2024) - InMed Pharmaceuticals Inc. (NASDAQ: INM) ("InMed" or the "Company"), a pharmaceutical compan Show less Read more
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