Mind Medicine (MindMed) Inc MNMD

Sale starting tomorrow up to 40%

[Silentbull]

11,364,000 units of the Company (the "Units") at a price of C$4.40 per Unit (the "Issue Price") for aggregate gross proceeds to the Company of C$50,001,600 (the "Offering")

one-half of one Subordinate Voting Share purchase warrant of the Company (each whole warrant, a "Warrant"). Each Warrant shall be exercisable to acquire one Subordinate Voting Share at an exercise price of C$5.75 per Subordinate Voting Share for a period of 3 years

cash commission equal to 6% of the gross proceeds of the Offering and to receive Unit purchase warrants of the Company (the "Underwriters' Warrants") equal to 6% of the number of Units sold under the Offering, with each Underwriters' Warrant being exercisable to acquire one Unit at the Issue Price for a period of 36 months from the closing of the Offering.

[Silentbull]

Cannacord Genuity is the other name for shorting, it will make sure it sucks the life out of mmed. Once any co gets into its trap, its done. The price jump today was simply triggered by the shorting event and retail investors will see over the next few days what it means to be in bed with cannacord genuity team. 6% is just peanuts for facilitating the funds, the warrants and the details shared by

[Bubbsy2014]

You have no clue silent what you are talking about. Sell at open then and see what you lose. Bought deals have to be below market value, you don’t buy 50 million worth of shares at market value. Bubbs

[Silentbull]

@Bubbsy2014 you should always listen to the pros when they say sell, you should sell This is going below $3.80 soon, just keep looking at the charts. When cannacord genuity is involved, its heavily shorted, period!

[RiskyBiz928]

Yep - got out of it all today. With such a quick spike its always best to take profit. Definitely keep my eye on this one though. Maybe even get back in at less than my original position. Good luck all!