Exchange: NASDAQ·Updated 07:50 PM EDT
INM logo

INM InMed Pharmaceuticals Inc

$1.36
$0.03
(2.26%)
Today
Closed $1.36
$0.01
(0.73%)
After Hours
Reported EarningsMay 13
Mkt Cap$7.31M
Vol56,128.00

About INM

InMed Pharmaceuticals, Inc. is a pharmaceutical drug development company, which engages in developing small molecule drug candidates that are preferential signaling ligands of the endogenous CB1 and CB2 receptors as well as other receptor targets linked to human disease. The company was founded by Christopher Bogart, Sazzad Hossain, Hyder A. Khoja, and Craig D. Schneider on May 19, 1981 and is headquartered in Vancouver, Canada.
37

Bearish Sentiment

How do you feel about INM?

skyrockets_Inc
$INM Merger vote date out . 5 weeks from today, Nov 4. I'm buying shares for CVR play. CVR + value play Math: -InMed valuation 5.7m (assuming negative 4.4m cash at closing) -Mentari valuation 125m (spin-off company of Paragon Therapeutics) -PIPE investment 490m -Total NewCo valuation of 620m, INM holders get 0.97% or 6m / 5.5m shares OS = FLOOR valuation of 1.10/share -INM holders through merger also get CVRS for 3 different compounds INM-901, INM-089, and INM-755
2
skyrockets_Inc
$INM Started position here of 65k shares. If anything, for CVR's . Merger should be coming in next 30-60 days imo.
1
Ian980
$INM split due to fear of EPS came out negative but it’s ok the big positive news is coming out soon regarding the merger. Drop it before the news clearly a setou work before big news

Advertisement|Remove ads.