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InMed Pharmaceuticals Inc INM

InMed Pharmaceuticals Inc. is a pharmaceutical company. It develops a pipeline of small molecule drug candidates targeting the CB1/CB2 receptors. Its InMed Pharmaceuticals segment is engaged in the research and development of small molecule pharmaceuticals drug candidates. Its BayMedica Commercial segment is engaged in the manufacturing technologies to produce and commercialize bulk rare cannabinoids for sale as ingredients in the health and wellness industry. Its pharmaceutical pipeline consists of three programs, with drug candidates targeting Alzheimer’s disease, dry age-related macular degeneration, and Epidermolysis Bullosa. Its INM-901 is a drug candidate being developed as a potential treatment for Alzheimer’s disease. Its INM-089 is cannabinoid analog being studied for its potential as a treatment for age-related macular degeneration. Its INM-755 is a cannabinol topical cream which has completed Phase 2 clinical trial studies for the treatment of epidermolysis bullosa.


NDAQ:INM - Post by User

Bullboard Posts
Post by David8888on Mar 19, 2018 8:09pm
226 Views
Post# 27743363

Free Trading Shares from Private Placement

Free Trading Shares from Private PlacementQuestion:

When are the shares that were purchased through the private placement going to be free trading?

The normal hold time is 4 months.

If Private Placement price was at $0.70 cents, this may cause downward pressure on share price as PP investors take profits.

If the financing closed on January 4, 2018, am I correct in these shares being free trading on May 4, 2018?
Bullboard Posts