Business
Optimi Health Announces Closing of Oversubscribed US$15 Million Public Offering
Vancouver, British Columbia--(Newsfile Corp. - May 21, 2026) - Optimi Health Corp. (NASDAQ: OPTH) (CSE: OPTI) (FSE: 8BN0) (the "Company" or "Optimi"), a commercial-stage pharmaceutical company focused on manufacturing and distributing finished psychedelic drug products, today closed its previously announced underwritten public offering (the "Offering") in connection with the uplisting of its common shares to the Nasdaq Capital Market. The Company issued 2,400,000 common shares at a price of...
About this update from Optimi Health Corp.
[{"type":"text","content":"Vancouver, British Columbia--(Newsfile Corp. - May 21, 2026) - Optimi Health Corp. (NASDAQ: OPTH) (CSE: OPTI) (FSE: 8BN0) (the "Company" or "Optimi"), a commercial-stage pharmaceutical company focused on manufacturing and distributing finished psychedelic drug products, today closed its previously announced underwritten public offering (the "Offering") in connection with the uplisting of its common shares to the Nasdaq Capital Market. The Company issued 2,400,000 common shares at a price of US$6.25 per share. The aggregate gross proceeds to the Company from the Offering were US$15,000,000, before deducting underwriting discounts and offering expenses.","length":689,"tagName":"p"},{"type":"text","content":""This marks a significant milestone for Optimi," said Dane Stevens, Chief Executive Officer of Optimi. "This financing provides significant strength to our balance sheet and represents the necessary working capital for the growth of our business, with ample runway to scale over the next few years. We are thrilled to welcome a number of new, high-quality investors to our Nasdaq listing, who also see the benefits of psychedelic medicine."","length":460,"tagName":"p"},{"type":"text","content":"The common shares began trading on the Nasdaq Capital Market on May 20, 2026, under the symbol "OPTH." The Company's common shares will continue to trade on the Canadian Securities Exchange under the symbol "OPTI". All securities issued under the Offering were issued free from any resale restrictions under applicable Canadian and United States securities laws.","length":386,"tagName":"p"},{"type":"text","content":"Pursuant to an underwriting agreement dated May 19, 2026, between Joseph Gunnar & Co., LLC (the "Underwriter") and the Company, the Underwriter acted as sole book-running manager for the Offering. The Company granted 96,000 non-transferable common share purchase warrants entitling the Underwriter to purchase up to an aggregate of 96,000 common shares of the Company at a price of US$7.50 per share until May 21, 2031, and paid certain offering expenses of the Underwriter.","length":488,"tagName":"p"},{"type":"text","content":"A registration statement on Form F-1 (File No. 333-290086) related to the Offering of the shares described above was filed ...