Psyence Biomedical Regains Nasdaq Compliance, Fortifying Market Position [Yahoo! Finance]
Psyence Biomedical Ltd. - Ordinary Shares (PBM)
Company Research
Source: Yahoo! Finance
Psyence Biomedical ( (PBM) ) has provided an announcement. Don't Miss Our Christmas Offers: Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter Psyence Biomedical Ltd. has regained compliance with all Nasdaq continued listing requirements after transferring from The Nasdaq Global Market to The Nasdaq Capital Market. This was achieved through a 75-for-1 share consolidation, meeting the $1 minimum bid price requirement. With a debt-free balance sheet and $5.6 million in cash, the company is now well-positioned to advance its business plans and clinical trials, having begun patient screening for the latter. This compliance restoration reinforces Psyence's market position and assures stakeholders of its operational stability. More about Psyence Biomedical Psyence Biomedical Ltd. is a vertically integrated biopharmaceutical company
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News
- Psyence Biomed Announces Closing of $2.0 Million Private Placement [Canadian Business Journal (Canada)]Canadian Business Journal
- Psyence Biomed Announces Closing of $2.0 Million Private PlacementGlobeNewswire
- Psyence Biomed Announces $2.0 Million Private Placement [Yahoo! Finance]Yahoo! Finance
- Psyence Biomed Announces $2.0 Million Private PlacementGlobeNewswire
- Psyence Biomedical regains compliance with Nasdaq [Seeking Alpha]Seeking Alpha
PBM
Sec Filings
- 1/2/25 - Form EFFECT
- 12/31/24 - Form 424B3
- 12/31/24 - Form 6-K
- PBM's page on the SEC website