![]() The transaction is expected to close in June following special meetings of shareholders of both companies. After the transaction, Novamind shareholders would hold about 18% of the company on a pro-forma, fully diluted basis. ![]() The offer price represents a premium of 51% to Novamind’s 20-day volume-weighted average price on the Canadian Securities Exchange. ![]() Free forex prices, toplists, indices and lots more. Novamind (NM) stock price, charts, trades & the US's most popular discussion forums. Under the accord, shareholders of Novamind would receive 0.84 of a common share of Numinus for each Novamind share held, implying an offer price of 44 cents per Novamind Share. Summary of all time highs, changes and price drops for Novamind Historical stock prices Current Share Price: US0.29: 52 Week High: US1. Latest stock price today and the US's most active stock market forums. Yaron Conforti, CEO of Novamind, said the combined entity is supported with more than $50-million (Canadian) in pro-forma capital and positioned with distinct capabilities to serve a growing and diverse group of stakeholders. “We expect this acquisition will significantly bolster our financial performance, growing Numinus’ annual revenue to more than five times our current levels, and driving meaningful margin improvement through identified operating efficiencies,” he added. platform through eight established, reputable, efficiently operating and revenue-producing clinics,” Payton Nyquvest, CEO of Numinus, said in a statement. “The Novamind acquisition presents a transformational opportunity for Numinus to launch a strong U.S. The combined company will operate 13 wellness clinics and will be positioned as a leading psychedelic-assisted therapy provider in North America, leading its peer group in revenue with approximately $10-million (Canadian) in annual pro-forma revenue based on the trailing four quarters. Or, for lively sector discussion, visit Stockhouse’s new Cannabis Bullboards page.Numinus (TSX:NUMI OTCQX:NUMIF) agreed to acquire Novamind (CSE:NM OTCQB:NVMDF FSE:HN2) in a stock swap, by way of a court-approved plan of arrangement, for total consideration of about $26.2-million (Canadian). įor more of the latest info on Cannabis, check out the Cannabis Trending News hub. Do not invest anything you cannot afford to lose. Novamind Investors Club (CSE: NM OTC: NVMDF FSE: HN2) Content here should not be considered advice. New to investing in Cannabis? Check out Stockhouse tips on How to Invest in Cannabis Stocks and some of our Top Cannabis Stocks. Numinus To Acquire Novamind For 20.74M In Stock - Benzinga. Each Warrant entitles the holder to purchase common shares at an exercise price of CDN$0.50 per common share at any time on or prior to January 26, 2027. Novamind Stock Forecast, 'NM' Share Price Prediction Charts Is 'Novamind Inc' a Good Investment Current price today: 0.295 CAD (+0.000001) This forecast isn't updated for some reason: missing data or revoked stock. Pursuant to the PP, the company issued 4,750,000 common shares, 7,750,000 common share equivalents (consisting of pre-funded warrants exercisable into common shares) and warrants to purchase up to an aggregate of 12,500,000 common shares, at a purchase price of CDN$0.40 per common share and associated warrant. Novamind Inc Search Stock, FX pair, Crypto, or Commodity. ( CSE.NM) – a leading mental health company specialized in psychedelic medicine – has announced that it has closed its previously announced private placement (PP) to an institutional investor of its common shares and warrants to purchase common shares for gross proceeds to the company of approximately CDN$5 million.
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