Clearmind Medicine secures $10 million financing agreement

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Clearmind Medicine Secures $10 million Securities Purchase Agreement to Explore Strategic Opportunities

September 19, 2025 8:20 AM EDT

Vancouver, Canada, Sept. 19, 2025 (GLOBE NEWSWIRE) -- Clearmind Medicine Inc. (Nasdaq: CMND), (FSE: CWY0) (Clearmind or the "Company"), a clinical-stage biotech company focused on discovery and development of novel psychedelic-derived therapeutics to solve major under-treated health problems, today announced that it has entered into securities purchase agreements (the SPAs) with institutional investors (the Holders). Pursuant to the SPAs, the Company may issue and sell, from time to time, convertible promissory notes (the Notes) in an aggregate principal amount of up to $10,000,000. Upon the execution of the SPAs (the First Initial Closing), the Company issued and sold to the Holders... More