FCM MM Holdings Condemns ISS Report on Mind Medicine (MNMD)

Go back to FCM MM Holdings Condemns ISS Report on Mind Medicine (MNMD)

ISS Appears to Rely on MindMed's False and Misleading Statements to Justify the Company's Abysmal Performance; Seemingly Ignores MindMed's Apparent Disregard of Patient Safety

June 5, 2023 6:19 AM EDT

ISS Dismissed 47% Stock Price Drop Following September 2022 Financing as In Line with Sectoral Trends, in a Baffling Lack of Critical Analysis and Seemingly in Opposition to the Factual Circumstances

After Recommending Removal of Chair Vallone in 2022, ISS Appears to Blindly Accept Vallones and MindMeds Justifications for Poor Development Decisions, Destructive Financing, and Bloated Compensation

ISS Report Reiterates MindMeds False Statements About General and Administrative Costs; Ignores FCMs Explicit Refutation

Flawed and Superficial ISS Analysis of MindMeds Clinical Strategy Leans Heavily on... More