Company: CMND
Filing Date: 2025-11-17
Form Type: 424B5
Source: 0001213900-25-111233
Chunk: 43

Company: Clearmind Medicine Inc.
Filing Date: 2025-11-17
Form: 424B5
Chunk 43
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 broke out
on October 7, 2023, our operations have not been adversely affected by this situation, and we have not experienced disruptions to our
clinical studies, facilities or the manufacturing or supply of our drug candidates. However, at this time, it is not possible to predict
the intensity or duration of the war, nor can we predict how this war will ultimately affect Israel’s economy in general and we
continue to monitor the situation closely and examine the potential disruptions that could adversely affect our operations.

In connection with the
Israeli security cabinet’s declaration of war against Hamas and possible hostilities with other organizations, several hundred
thousand Israeli military reservists were drafted to perform immediate military service. While none of our employees in Israel have been
called to active military duty, we rely on service providers located in Israel and have entered into certain agreements with Israeli
counterparties. Employees of such service providers or contractual counterparties may be called for service in the current or future
wars or other armed conflicts with Hamas and such persons may be absent from their positions for a period of time. As of December 22,
2023, we have not been impacted by any absences of personnel at our service providers or counterparties located in Israel. However, military
service call ups that result in absences of personnel from us, our service providers or contractual counterparties in Israel may disrupt
our operations and absences for an extended period of time may materially and adversely affect our business, prospects, financial condition
and results of operations.

Following the attack by
Hamas on Israel’s southern border, Hezbollah, a terrorist organization in Lebanon has also launched missile, rocket, and shooting
attacks against Israeli military sites, troops, and Israeli towns in northern Israel. In response to these attacks, the Israeli army
has carried out a number of targeted strikes on sites belonging to Hezbollah in southern Lebanon. It is possible that other terrorist
organizations, including Palestinian military organizations in the West Bank, as well as other hostile countries, such as Iran, will
join the hostilities. Such hostilities may include terror and missile attacks. Any hostilities involving Israel or the interruption or
curtailment of trade between Israel and its trading partners could adversely affect our operations and results of operations. Our insurance
policies do not cover losses that may occur as a result of events associated with war and terrorism. Although the Israeli government
currently covers the reinstatement value of direct damages that are caused by terrorist attacks or acts of war, we cannot assure you