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InMed Pharmaceuticals Inc.

corporate_fare Company Profile

InMed Pharmaceuticals Inc.

INM·NASDAQ·Life Sciences·CIK 0001728328

InMed Pharmaceuticals Inc. is a pharmaceutical drug development company focused on creating small molecule drug candidates. These candidates are designed to interact with CB1 and CB2 receptors, which are part of the endocannabinoid system found throughout the human body, as well as other receptor targets linked to human diseases. CB1 receptors are mainly in the brain and central nervous system, while CB2 receptors help regulate neuroinflammation and immune responses. The company's research aims to treat diseases with significant unmet medical needs. On March 4, 2026, InMed's Board approved the decision to close down BayMedica's commercial operations business segment. This segment was InMed's only revenue-generating commercial operation. By June 30, 2026, BayMedica had ceased all operating activities, and its two remaining employees left on July 31, 2026. A commercial lease for BayMedica will end in August. Following the closure of commercial operations, InMed's activities have focused on the preclinical development of its product candidates: INM-901 for Alzheimer's disease, INM-089 for dry Age-related Macular Degeneration (dry AMD), and INM-755 (cannabinol) cream. InMed does not currently plan to allocate substantial resources to advancing these product candidates, and further development would depend on securing additional financing. The company has developed a library of novel, proprietary drug candidates, which are patentable new chemical entities (NCEs) for pharmaceutical development. Its current potential pharmaceutical pipeline includes three programs targeting Alzheimer's disease, dry AMD, and Epidermolysis Bullosa (EB).

InMed Pharmaceuticals Inc. (NASDAQ:INM) is a publicly traded company in the Life Sciences sector. Wiseek has independently scored 44 items for INM at importance 7 or higher on its 1–10 market-impact scale. Its most recent item scored 7 or higher is dated 2026-11-03, rated 7/10. Across its 20 most recent items scored 7 or higher, the top rating is 9/10, with 12 rated 8 or above. Recent SEC coverage for INM spans 8-K, 10-Q, 425, 424B3.

Recent high-impact activity:

  • InMed Posts $2.33M Q1 Loss, Cash Down to $1.0M, Nasdaq Cure Deadline Extended to March 15, 2027
  • InMed Posts $2.3M Quarterly Loss as Cash Runs to Mid-November Ahead of Mentari Merger Vote
  • InMed 10-Q: Equity Turns Negative, $1.1M Cash Lasts Into Q4 2026
  • InMed Sets 1-for-10 Share Consolidation Ahead of November 4 Mentari Merger Vote
  • InMed Sets 1-for-10 Reverse Split Ahead of Mentari Merger Vote

Financial Snapshot

Fiscal year ended June 30, 2026
Net Income
-$12.56M
Diluted EPS
-$3.12
Op. Cash Flow
-$8.64M
Cash & Equivalents
$2.19M
Debt / Equity
0.00×
Shares Outstanding
5.34M sh
Source: 10-K · filed 2026-09-09 · accession 0001213900-26-098419

Short Interest & Short Volume

1.00 days to cover

FINRA reported short interest of 6,634 shares in INM as of the October 15, 2026 settlement, a 80.5% decrease from the prior period — about 1.0 days to cover at its recent average daily volume. On November 3, 2026, 51.4% of INM volume reported to FINRA trade-reporting facilities was marked short.

Short interest (bi-monthly positions)6,634 shares as of October 15, 2026
Change vs prior period▼ 80.5%
Days to cover1.00 at avg daily volume of 34,106
Daily short volume (FINRA facilities)51.4% of 91,606 shares on November 3, 2026
5-day average short volume52.7%

Daily short sale volume covers trades reported to FINRA trade-reporting facilities and is not the same as short interest (bi-monthly reported positions). Source: FINRA — FINRA is the owner and source of this short interest and short sale volume data; it may not be redistributed.

Dilution Risk

Low risk

Filing-implied dilution signals for INM, detected from its recent SEC filings · based on capital-structure filings through 2026-10-01.

Reverse Merger Vote Set for Nov 4 · Exchange Ratio Finalized at 2.0065

A filing-implied signal, not a realized share count. How Wiseek tracks dilution →

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$1.67 -0.60% today
52-week range · as of 2026-11-03 $0.575 – $2.33
Market cap
$9.23M
Volume
174.8K (2.9× avg)
3-mo avg 60.1K
Live data · 2026-11-04 04:44 UTC · Market overnight

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feed INM - Latest Insights

INM
Nov 03, 2026, 4:47 PM EST
Filing Type: 8-K
Importance Score:
7
Price at Filing: $1.70
Real-time Price: $1.67 info
Change: Reverse Stock Split info
Market Cap: $9.229M info
INM
Nov 03, 2026, 7:30 AM EST
Source: TMX Newsfile
Importance Score:
7
Price at Filing: $1.56
Real-time Price: $1.67 info
Change: Reverse Stock Split info
Market Cap: $9.229M info
INM
Nov 02, 2026, 7:26 PM EST
Filing Type: 10-Q
Importance Score:
8
Price at Filing: $1.56
Real-time Price: $1.67 info
Change: Reverse Stock Split info
Market Cap: $9.229M info
INM
Nov 02, 2026, 4:56 PM EST
Filing Type: 425
Importance Score:
7
Price at Filing: $1.63
Real-time Price: $1.67 info
Change: Reverse Stock Split info
Market Cap: $9.229M info
INM
Nov 02, 2026, 4:15 PM EST
Source: TMX Newsfile
Importance Score:
7
Price at Filing: $1.63
Real-time Price: $1.67 info
Change: Reverse Stock Split info
Market Cap: $9.229M info
INM
Oct 01, 2026, 4:18 PM EDT
Filing Type: 424B3
Importance Score:
9
Price at Filing: $1.35
Real-time Price: $1.67 info
Change: Reverse Stock Split info
Market Cap: $9.229M info
INM
Sep 29, 2026, 5:07 PM EDT
Filing Type: S-4/A
Importance Score:
9
Price at Filing: $1.38
Real-time Price: $1.67 info
Change: Reverse Stock Split info
Market Cap: $9.229M info
INM
Sep 18, 2026, 5:11 PM EDT
Filing Type: 8-K
Importance Score:
8
Price at Filing: $1.36
Real-time Price: $1.67 info
Change: Reverse Stock Split info
Market Cap: $9.229M info
INM
Sep 16, 2026, 6:58 PM EDT
Filing Type: 4
Importance Score:
7
Price at Filing: $1.28
Real-time Price: $1.67 info
Change: Reverse Stock Split info
Market Cap: $9.229M info
INM
Sep 09, 2026, 5:11 PM EDT
Filing Type: S-4/A
Importance Score:
9
Price at Filing: $1.29
Real-time Price: $1.67 info
Change: Reverse Stock Split info
Market Cap: $9.229M info
INM
Sep 09, 2026, 4:31 PM EDT
Filing Type: 10-K
Importance Score:
9
Price at Filing: $1.31
Real-time Price: $1.67 info
Change: Reverse Stock Split info
Market Cap: $9.229M info
INM
Sep 09, 2026, 4:30 PM EDT
Source: TMX Newsfile
Importance Score:
7
Price at Filing: $1.31
Real-time Price: $1.67 info
Change: Reverse Stock Split info
Market Cap: $9.229M info
INM
Jul 22, 2026, 4:31 PM EDT
Filing Type: 425
Importance Score:
9
Price at Filing: $1.73
Real-time Price: $1.67 info
Change: Reverse Stock Split info
Market Cap: $9.229M info
INM
Jul 22, 2026, 4:30 PM EDT
Filing Type: 425
Importance Score:
9
Price at Filing: $1.75
Real-time Price: $1.67 info
Change: Reverse Stock Split info
Market Cap: $9.229M info
INM
Jul 22, 2026, 4:28 PM EDT
Filing Type: 8-K
Importance Score:
9
Price at Filing: $1.71
Real-time Price: $1.67 info
Change: Reverse Stock Split info
Market Cap: $9.229M info
INM
Jul 22, 2026, 7:00 AM EDT
Source: PR Newswire
Importance Score:
8
Price at Filing: $2.92
Real-time Price: $1.67 info
Change: Reverse Stock Split info
Market Cap: $9.229M info
INM
Jul 20, 2026, 4:26 PM EDT
Filing Type: 425
Importance Score:
7
Price at Filing: $1.52
Real-time Price: $1.67 info
Change: Reverse Stock Split info
Market Cap: $9.229M info
INM
Jul 10, 2026, 4:04 PM EDT
Filing Type: 425
Importance Score:
8
Price at Filing: $1.61
Real-time Price: $1.67 info
Change: Reverse Stock Split info
Market Cap: $9.229M info
INM
Jul 10, 2026, 4:03 PM EDT
Source: Wiseek News
Importance Score:
7
Price at Filing: $1.82
Real-time Price: $1.67 info
Change: Reverse Stock Split info
Market Cap: $9.229M info
INM
Jul 10, 2026, 4:02 PM EDT
Filing Type: 8-K
Importance Score:
8
Price at Filing: $1.64
Real-time Price: $1.67 info
Change: Reverse Stock Split info
Market Cap: $9.229M info
Research tools: Filing Impact Index Dilution Tracker Split Calendar Open Datasets