Core Viewpoint - Revive Therapeutics Ltd. has successfully closed a second tranche of its private placement, raising gross proceeds of $91,400 by issuing 4,352,381 units at a price of $0.021 per unit [1][2]. Group 1: Private Placement Details - Each unit consists of one common share and one common share purchase warrant, with each warrant allowing the holder to acquire one common share at an exercise price of $0.05 for 36 months post-closing [2]. - The funds raised will be allocated for working capital and the payment of certain trade payables [2]. - All issued securities are subject to a hold period of four months and one day, expiring on January 19, 2026 [2]. Group 2: Company Overview - Revive Therapeutics is focused on developing innovative therapeutics for critical medical needs, leveraging FDA regulatory incentives for rapid advancement and market entry [3]. - The company is currently concentrating on the potential of Bucillamine for infectious diseases and medical countermeasures, including treatments for nerve agent exposure [3]. - Revive is also advancing its Psilocybin and molecular hydrogen therapeutic programs, exploring new frontiers in medical science [3].

Core Insights - Revive Therapeutics Ltd. has successfully closed a second tranche of its private placement, issuing 4,352,381 units at a price of $0.021 per unit, resulting in gross proceeds of $91,400 [1][2] Group 1: Private Placement Details - Each unit consists of one common share and one common share purchase warrant, with each warrant allowing the holder to acquire one common share at an exercise price of $0.05 for 36 months post-closing [2] - The gross proceeds from this private placement will be allocated for working capital and the payment of certain trade payables [2] - All securities issued are subject to a hold period of four months and one day, expiring on January 19, 2026 [2] Group 2: Company Overview - Revive Therapeutics is focused on developing innovative therapeutics for critical medical needs, leveraging FDA regulatory incentives for rapid advancement and market entry [3] - The company is currently concentrating on the potential of Bucillamine for infectious diseases and medical countermeasures, including treatments for nerve agent exposure [3] - Revive is also advancing its Psilocybin and molecular hydrogen therapeutic programs, exploring new frontiers in medical science [3]

Core Viewpoint - Revive Therapeutics Ltd. is extending its private placement offering to raise up to $650,000, with a first tranche already closed generating $60,900 [1][3]. Group 1: Private Placement Details - The private placement consists of up to 30,952,381 units priced at $0.021 per unit, with gross proceeds expected to be up to $650,000 [1]. - A first tranche of 2,900,000 units was issued at the same price, resulting in total gross proceeds of $60,900 [1]. - The company may close an additional $589,000 worth of units as part of this offering [1]. Group 2: Unit Composition and Terms - Each unit includes one common share and one common share purchase warrant, allowing the holder to acquire one common share at an exercise price of $0.05 for 36 months post-closing [2]. - The issue price per unit is based on the 20-day volume-weighted average price (VWAP) of shares traded on the CSE [2]. Group 3: Use of Proceeds - Gross proceeds from the private placement will be allocated for working capital and payment of certain trade payables [3]. - The private placement may close in multiple tranches, subject to customary closing conditions [3]. Group 4: Company Overview - Revive Therapeutics is focused on developing innovative therapeutics for critical medical needs, leveraging FDA regulatory incentives for rapid advancement [4]. - The company is currently concentrating on Bucillamine for infectious diseases and medical countermeasures, as well as advancing Psilocybin and molecular hydrogen therapeutic programs [4].

Psychedelics & Spirituality - An experiment revealed that 96% of religious participants considered a psilocybin trip among their top five most spiritually significant life experiences [1]

Core Viewpoint - Revive Therapeutics Ltd. has successfully closed the first tranche of its private placement offering, raising a total of $60,900 through the issuance of 2,900,000 units at a price of $0.021 per unit, while also settling a note payable through the issuance of additional units [1][2][3]. Group 1: Offering Details - The first tranche of the offering consisted of 2,900,000 units, generating gross proceeds of $60,900 for the company [1]. - Each unit comprises one common share and one common share purchase warrant, with the warrant allowing the holder to acquire one common share at an exercise price of $0.05 for 36 months [2]. - The company issued an additional 3,209,523 units to settle a note payable of $67,400, maintaining the same issue price of $0.021 per unit [1][3]. Group 2: Use of Proceeds - The gross proceeds from the offering will be allocated for working capital and the payment of certain trade payables [2]. Group 3: Compensation Options - In connection with the offering, the company issued 100,000 compensation options to an investment dealer, allowing the dealer to purchase units at a price of $0.05 for 18 months [4]. - Each compensation unit consists of one common share and one-half of a common share purchase warrant, with the whole warrant allowing acquisition of one compensation share at an exercise price of $0.05 for 36 months [5]. Group 4: Company Overview - Revive Therapeutics is focused on developing innovative therapeutics for critical medical needs, leveraging FDA regulatory incentives for rapid advancement and market entry [6]. - The company is currently concentrating on the potential of Bucillamine for infectious diseases and medical countermeasures, as well as advancing its Psilocybin and molecular hydrogen therapeutic programs [6].

NEW YORK, Aug. 04, 2025 (GLOBE NEWSWIRE) -- From Dr. Neil Maresky, CEO, Psyence BioMed (NASDAQ: PBM) Dear Shareholders, Thank you for your continued support as we advance our mission to develop safe, effective, and naturally derived psychedelic therapies for people living with serious mental health challenges. Over the past few months, Psyence BioMed (PBM) has made meaningful progress across several fronts: clinical development, strategic positioning, regulatory compliance, and manufacturing stability. Thes ...

Core Viewpoint - Revive Therapeutics Ltd. is proposing a private placement offering of up to 30,952,381 units at a price of $0.021 per unit, aiming for gross proceeds of up to $650,000, while also settling a note payable of $67,400 through the issuance of additional units at the same price [1][3]. Group 1: Private Placement Details - The private placement will consist of units, each comprising one common share and one common share purchase warrant, with warrants allowing the purchase of one common share at an exercise price of $0.05 for 36 months post-closing [2]. - The gross proceeds from the offering will be allocated for working capital and settling certain trade payables, with the potential for the placement to close in multiple tranches [3]. Group 2: Closing Conditions and Securities - The closing of the private placement and debt settlement is subject to customary closing conditions, with the company intending to close as soon as practicable [4]. - All securities issued will be subject to a hold period of four months and one day from the issuance date [4]. Group 3: Company Overview - Revive Therapeutics is focused on developing innovative therapeutics for critical medical needs, prioritizing its drug development pipeline to leverage FDA regulatory incentives for rapid advancement and market entry [5]. - Current efforts are concentrated on the potential of Bucillamine for infectious diseases and medical countermeasures, alongside advancing Psilocybin and molecular hydrogen therapeutic programs [5].

Core Viewpoint - Revive Therapeutics Ltd. is conducting a research study on Bucillamine as a potential treatment for nerve agent exposure in collaboration with Defence R&D Canada [1][2] Group 1: Research Study Details - The research study on Bucillamine is set to continue through September 2025, with findings to be shared only with DRDC's authorization [2] - Future research collaborations with DRDC will only be considered after the current study concludes and if results are satisfactory [2] Group 2: Company Overview - Revive Therapeutics focuses on developing therapeutics for infectious diseases and medical countermeasures, leveraging FDA regulatory incentives like Emergency Use Authorization and Breakthrough Therapy designations [3] - The company is also exploring Bucillamine for long COVID treatment and advancing Psilocybin and molecular hydrogen therapeutics [3]

Core Insights - Mind Medicine (MindMed) stock experienced an increase of over 8% following legislative developments in Connecticut regarding psilocybin decriminalization, contrasting with a 0.4% drop in the S&P 500 index [1] Legislative Developments - Connecticut's House of Representatives approved a bill to decriminalize psilocybin, with a narrow vote of 74 in favor and 65 against, which will now move to the state Senate for review [2] - If the bill passes, possession of up to half an ounce of psilocybin would incur only a $150 fine, eliminating jail time for violators [4] Therapeutic Benefits - Psilocybin has been recognized for its therapeutic potential in treating various mental health issues, including PTSD, addictions, depression, and anxiety disorders, as highlighted by state representative Steve Stafstrom [5] Public Sentiment and Industry Trends - There is a growing public support for the decriminalization of drugs and psychoactive substances, indicating a shift towards legalization that is already progressing in various jurisdictions across the U.S., which is favorable for companies like MindMed involved in psychedelic medicine [6]