INM

NASDAQ · Pharmaceuticals

Inmed Pharmaceuticals Inc

Penny Stocks Pharmaceutical Stocks Healthcare Stocks

$1.55

+0.05 (+3.33%)

As of Jun 24, 10:18 PM ET ·

INM News2 articles

InMed Stock Retreats After 135% Merger Rally; Deal Dilution Weighs

InMed Pharmaceuticals shares fell 14.4% in pre-market trading Wednesday, giving back some of Tuesday's 135% surge on news of an all-stock merger with Mentari Therapeutics and a $290 million private placement.

InMed Shares Surge 109% on $290M Migraine Deal with Mentari

InMed Pharmaceuticals shares surged 108.6% to $1.42 after announcing an all-stock merger with Mentari Therapeutics, backed by a $290 million private placement, pivoting to migraine prevention.