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Psyence Biomedical ( (PBM) ) has provided an update.
On January 8, 2026, Psyence Biomedical Ltd. filed a Form 6-K announcing that it will hold its annual and special meeting of shareholders in person in Cape Town on January 22, 2026. At the meeting, shareholders will consider the company’s audited financial statements for the year ended March 31, 2025 and interim results for the six months ended September 30, 2025, vote on the appointment of MNP LLP as auditor and the election of directors, and decide on a special resolution to approve one or more consolidations of the company’s common shares. The board is unanimously recommending that investors support all resolutions, including the proposed share consolidation, signaling a potential move to adjust Psyence’s capital structure that could have implications for its trading profile and compliance with market listing standards.
More about Psyence Biomedical
Psyence Biomedical Ltd. is a Toronto-based life sciences company focused on developing psychedelic-based therapeutics and related biomedical technologies. Its shares are listed in the United States, and it reports as a foreign private issuer under the Securities Exchange Act of 1934, with a shareholder base that votes by proxy and in person across multiple jurisdictions.
Average Trading Volume: 1,368,464
Technical Sentiment Signal: Sell
Current Market Cap: $1.38M
Learn more about PBM stock on TipRanks’ Stock Analysis page.