INM InMed Pharmaceuticals Inc.
Price Chart
Executive Summary
InMed Pharmaceuticals has regained compliance with Nasdaq's minimum bid price requirement, closing a delisting notice received on March 27, 2026. The company demonstrated a closing bid price at or above $1.00 for 10 consecutive business days through June 2, 2026. This is a procedural compliance update — it removes an immediate delisting overhang but does not change the company's operational or financial trajectory.
Actionable Insight
Nasdaq compliance removes near-term delisting risk but does not change INM's weak fundamental outlook — the stock still trades near the $1 threshold with minimal analyst support. Monitor upcoming quarterly results for any revenue or pipeline catalyst that could sustain the bid price above $1.
Key Facts
- InMed received a Nasdaq deficiency notice on March 27, 2026 for non-compliance with the $1.00 bid price rule (Rule 5550(a)(2))
- Nasdaq confirmed compliance on June 3, 2026, based on 10 consecutive business days (May 19–June 2, 2026) with closing bid at or above $1.00
- The matter is now closed with no further action required by Nasdaq
- Company has a market cap of ~$4M and analyst consensus is 0% bullish (3 Hold, 4 Sell, 1 Strong Sell)
Financial Impact
No direct financial impact; removal of delisting risk removes a potential liquidity and capital-access overhang
Risk Factors
- Stock could fall back below $1.00, triggering a new deficiency process
- No revenue or operational catalyst announced — continued listing remains dependent on share price stability
- Low market cap and bearish analyst consensus suggest limited institutional support
Market Snapshot
Documents Analyzed
This report is based on 5 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001062993-26-003132 |
| Exhibit: exhibit99-1.htm | 0001062993-26-003132 |
| Document: 0001062993-26-003132-index-headers.html | 0001062993-26-003132 |
| Document: 0001062993-26-003132-index.html | 0001062993-26-003132 |
| Document: 0001062993-26-003132.txt | 0001062993-26-003132 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 11, 2026
4d ago
|
Insider Cluster
| $1.51 awaiting T+5 | awaiting T+5 | — | $1.51 (−0.00%) |
|
Jun 10, 2026
5d ago
|
8-K
| $1.51 awaiting T+5 | awaiting T+5 | — | $1.51 (+0.33%) |
|
May 19, 2026
26d ago
|
425
| $1.60 $1.69 | ▲ +5.63% | ▲ +3.38% | $1.51 (−5.63%) |
|
May 19, 2026
26d ago
|
8-K
| $1.60 $1.69 | ▲ +5.63% | ▲ +3.38% | $1.51 (−5.63%) |
|
May 19, 2026
27d ago
|
8-K
| $1.60 $1.66 | ▼ −3.75% | ▼ −1.45% | $1.51 (+5.63%) |
|
Apr 27, 2026
6w ago
|
8-K
| $0.7010 $0.7480 | ▼ −6.70% | ▼ −5.01% | $1.51 (−115.41%) |
|
Apr 3, 2026
10w ago
|
8-K
| $0.6950 $0.7130 | ▲ +2.59% | ▼ −1.54% | $1.51 (+117.27%) |
|
Apr 3, 2026
10w ago
|
424B5
| $0.6950 $0.7130 | ▼ −2.59% | ▲ +1.54% | $1.51 (−117.27%) |
|
Mar 31, 2026
10w ago
|
EFFECT
| $0.6450 $0.6470 | ▼ −0.31% | ▲ +3.63% | $1.51 (−134.11%) |
|
Mar 20, 2026
12w ago
|
S-3
| $0.7610 $0.6150 | ▲ +19.19% | ▲ +15.62% | $1.51 (−98.42%) |
US Market Status
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