# EDGAR Filing Document

**Accession Number:** 0001728328
**File Stem:** 0001213900-26-048064
**Filing Date:** 2026-4
**Character Count:** 21724
**Document Hash:** 1abaff492363d1baf1d6b7e8ef95a38f
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001213900-26-048064.hdr.sgml**: 20260427

**ACCESSION NUMBER**: 0001213900-26-048064

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 15

**CONFORMED PERIOD OF REPORT**: 20260421

**ITEM INFORMATION**: Entry into a Material Definitive Agreement

**ITEM INFORMATION**: Material Modifications to Rights of Security Holders

**ITEM INFORMATION**: Other Events

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20260427

**DATE AS OF CHANGE**: 20260427

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** InMed Pharmaceuticals Inc.
- **CENTRAL INDEX KEY:** 0001728328
- **STANDARD INDUSTRIAL CLASSIFICATION:** PHARMACEUTICAL PREPARATIONS [2834]
- **ORGANIZATION NAME:** 03 Life Sciences
- **EIN:** 000000000
- **STATE OF INCORPORATION:** A1
- **FISCAL YEAR END:** 0630

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-39685
- **FILM NUMBER:** 26901835

**BUSINESS ADDRESS:**
- **STREET 1:** 1445-885 WEST GEORGIA ST.
- **CITY:** VANCOUVER
- **STATE:** A1
- **ZIP:** V6C 3E8
- **BUSINESS PHONE:** (604) 669-7207

**MAIL ADDRESS:**
- **STREET 1:** 1445-885 WEST GEORGIA ST.
- **CITY:** VANCOUVER
- **STATE:** A1
- **ZIP:** V6C 3E8

?xml version='1.0' encoding='ASCII'?

**UNITED STATES** 

**SECURITIES AND EXCHANGE COMMISSION** 

**WASHINGTON, D.C. 20549** 

**FORM 8-K**

**CURRENT REPORT** 

**Pursuant to Section 13 or 15(d)** 

**of the Securities Exchange Act of 1934** 

**Date of Report (Date of earliest event reported): April 21, 2026**

**INMED PHARMACEUTICALS INC.**

**(Exact Name of Company as Specified in Charter)** 

---

| | | |
|:---|:---|:---|
| **British Columbia** | **001-39685** | **98-1428279** |
| **(State or Other Jurisdiction <br> of Incorporation)** | **(Commission File Number)** | **(IRS Employer <br> Identification No.)** |

---

---

| | |
|:---|:---|
| **InMed Pharmaceuticals Inc.**<br> **Suite 1445 - 885 W. Georgia Street,**<br> **Vancouver, B.C.**<br> **Canada** | **V6C 3E8** |
| **(Address of Principal Executive Offices)** | **(Zip Code)** |

---

**Company's telephone number, including area code: (604) 669-7207**

**Not applicable** 

**(Former Name or Former Address, if Changed Since Last Report)** 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (*see* General Instruction A.2. below):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

---

| | | |
|:---|:---|:---|
| **Title of each class** | **Trading Symbol(s)** | **Name of each exchange<br> on which registered** |
| **Common Shares, no par value** | **INM** | **The Nasdaq Stock Market LLC** |

---

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

**Item 1.01 Entry into a Material Definitive Agreement.**

<u>Preferred Investment Option Amending Agreement with Sabby Volatility Warrant Master Fund, Ltd.</u>

As previously reported, pursuant to the terms of the Preferred Investment Options dated October 26, 2023 and June 26, 2025 (together, the "Sabby Preferred Investment Options" and each a "Sabby Preferred Investment Option"), InMed Pharmaceuticals Inc. (the "Company") provided Sabby Volatility Warrant Master Fund, Ltd. ("Sabby") with the right to subscribe for and purchase from the Company, in the aggregate, up to 2,151,478 common shares in the capital of the Company at an exercise price per common share of $2.436, subject to adjustment (the "Sabby Exercise Price"). The Sabby Preferred Investment Options were offered in private placements pursuant to Section 4(a)(2) of the Securities Act of 1933, as amended (the "Securities Act"), and Regulation D promulgated thereunder.

On April 21, 2026, the Company entered into a Preferred Investment Option Amending Agreement (the "Sabby Preferred Investment Option Amending Agreement") with Sabby to amend the Sabby Exercise Price contained in each Sabby Preferred Investment Option from $2.436 to $0.80.

The foregoing description of the Sabby Preferred Investment Option Amending Agreement is not complete and is qualified in its entirety by the full text of the Sabby Preferred Investment Option Amending Agreement, a copy of which is filed as Exhibit 10.1 to this Current Report on Form 8-K (this "Report") and incorporated herein by reference.

<u>Preferred Investment Option Amending Agreement with Affiliates of H.C. Wainwright & Co., LLC</u>

As previously reported, pursuant to the terms of Preferred Investment Options dated November 21, 2022, October 26, 2023 and June 26, 2025 (together, the "Wainwright Preferred Investment Options" and each a "Wainwright Preferred Investment Option"), the Company provided three affiliates of H.C. Wainwright & Co., LLC ("Wainwright" and, such affiliates of Wainwright, the "Wainwright Parties" and each, a "Wainwright Party") with the right to subscribe for and purchase from the Company, in the aggregate, up to 153,236 common shares in the capital of the Company (on a post-consolidation basis) at an exercise price per common share of $82.50, $20.75 and $3.2013 (in each case, on a post-consolidation basis), respectively, subject to adjustment in each case (together, the "Wainwright Exercise Prices"). The Wainwright Preferred Investment Options were offered in private placements pursuant to Section 4(a)(2) of the Securities Act and Regulation D promulgated thereunder.

On April 24, 2026, the Company entered into Preferred Investment Option Amending Agreements (the "Wainwright Preferred Investment Option Amending Agreements") with each Wainwright Party to amend the Wainwright Exercise Prices contained in each Wainwright Preferred Investment Option to $0.80.

The foregoing description of the Wainwright Preferred Investment Option Amending Agreements is not complete and is qualified in its entirety by the full text of the Wainwright Preferred Investment Option Amending Agreements, a copy of a form of which is filed as Exhibit 10.2 to this Report and incorporated herein by reference. The Wainwright Preferred Investment Option Amending Agreements are identical to each other except the names of the Wainwright Parties and the number of common shares that can be purchased by each Wainwright Party.

**Item 3.03 Material Modification to Rights of Security Holders.**

To the extent required by Item 3.03 of Form 8-K, the information contained in Item 1.01 of this Report is incorporated by reference herein.

**Item 8.01 Other Events.**

On April 27, 2026, the Company issued a press release announcing the amendments to the Sabby Preferred Investment Options and the Wainwright Preferred Investment Options. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated by reference herein. The press release contains forward-looking statements and includes cautionary statements identifying important factors that could cause actual results to differ materially from those in the forward-looking statements.

**Item 9.01 Financial Statements and Exhibits.**

(d) Exhibits.

---

| | |
|:---|:---|
| **Exhibit No.** | **Description** |
| 10.1 | [Sabby Preferred Investment Option Amending Agreement](ea028772801ex10-1.htm) |
| 10.2 | [Form of Wainwright Preferred Investment Option Amending Agreement](ea028772801ex10-2.htm) |
| 99.1 | [Press Release](ea028772801ex99-1.htm) |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document and included as Exhibit 101) |

---

**SIGNATURES** 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

---

| | | |
|:---|:---|:---|
|  | INMED PHARMACEUTICALS INC. | INMED PHARMACEUTICALS INC. |
| Date: April 27, 2026 | By: | /s/ Eric A Adams |
|  |  | Eric A Adams <br> President & CEO |

---

## Exhibit 10.1

**Exhibit 10.1**

**preferred investment option AMENDING AGREEMENT**

**THIS PREFERRED INVESTMENT OPTION AMENDING AGREEMENT (the "Agreement") is dated April 21, 2026 between:**

**SABBY VOLATILITY WARRANT MASTER FUND, LTD.**

**(the "Holder")**

-and-

**INMED PHARMACEUTICALS INC.**

**(the "Company").**

**WHEREAS**:

(A) pursuant to the terms of Preferred Investment Options dated October 26, 2023 and June 26, 2025 (together,
the "**Preferred Investment Options** ", and each, a "**Preferred Investment Option** "), the Company has
provided the Holder with the right to subscribe for and purchase from the Company, in the aggregate, up to 2,151,478 Common Shares in
the capital of the Company at an exercise price per Common Share of $2.436, subject to adjustment (the "**Exercise Price** ");

(B) the parties wish to amend the Exercise Price contained in each Preferred Investment Option, in each case
in accordance with Section 5. l) thereof; and

(C) capitalized terms used but not defined herein shall have the meanings given to such terms in the Preferred
Investment Options.

**NOW THEREFORE**, in consideration of the mutual covenants and agreements contained in this Agreement and other good and valuable consideration (the sufficiency and receipt of which are hereby acknowledged), the Holder and the Company agree as follows:

1. Section 2. b) of each Preferred Investment Option is, without any further action on the part of any Person,
hereby amended by deleting "$2.436" and replacing it with "$0.80".

2. For certainty, the parties hereto agree that, except as specifically provided herein, the terms and conditions
of each Preferred Investment Option are hereby confirmed and continue in full force and effect.

3. All questions concerning the construction, validity, enforcement and interpretation of this Agreement
shall be governed by and construed and enforced in accordance with the internal laws of the State of New York, without regard to the principles
of conflicts of law thereof.

4. This Agreement shall enure to the benefit of and be binding upon the parties hereto and their respective
legal representatives, heirs, executors, administrators, successors and assigns.

5. This Agreement may be executed in any number of separate counterparts and all such signed counterparts
will together constitute one and the same agreement. To evidence its execution of an original counterpart of this Agreement, a party may
send a copy of its signature on the execution page hereof to the other parties by facsimile or other means of recorded electronic transmission
(including in PDF form) and such transmission shall constitute valid delivery of an executed copy of this agreement to the receiving party.

[*Remainder of page intentionally left blank; signature page follows.*]

The undersigned hereby agree to the terms set forth herein as of the date first written above.

---

| | |
|:---|:---|
| **SABBY VOLATILITY WARRANT MASTER FUND, LTD.** | **SABBY VOLATILITY WARRANT MASTER FUND, LTD.** |
| Per: | |
|  | Name: |
|  | Title: |
| **INMED PHARMACEUTICALS INC.** | **INMED PHARMACEUTICALS INC.** |
| Per: | |
|  | Name: |
|  | Title: |

---

[*Signature Page –* Preferred Investment Option Amending Agreement]

## Exhibit 10.2

**Exhibit 10.2**

**Form OF preferred investment option AMENDING AGREEMENT**

**THIS PREFERRED INVESTMENT OPTION AMENDING AGREEMENT (the "Agreement") is dated April 24, 2026 between:**

**[ ]<sup>1</sup>**

**(the "Holder")**

-and-

**INMED PHARMACEUTICALS INC.**

**(the "Company").**

**WHEREAS**:

(A) pursuant to the terms of Preferred Investment Options dated November
 21, 2022, October 26, 2023, and June 26, 2025 (together, the "**Preferred Investment Options** "),
 the Company has provided the Holder with the right to subscribe for and purchase from the Company, in
 the aggregate, up to [ ]<sup>2</sup> Common Shares (on a post-consolidation basis) in the capital of
 the Company at exercise prices per Common Share of $3.30 (or $82.50 on a post-consolidation basis),
 $1.03750 (or $20.75 on a post-consolidation basis), and $3.2013, respectively, subject to adjustment
 in each case (the "**Exercise Price** ");

(B) the parties wish to amend the Exercise Price contained in each Preferred Investment Option, in each case
in accordance with Section 5. (l) thereof; and

(C) capitalized terms used but not defined herein shall have the meanings given to such terms in each Preferred
Investment Option.

**NOW THEREFORE**, in consideration of the mutual covenants and agreements contained in this Agreement and other good and valuable consideration (the sufficiency and receipt of which are hereby acknowledged), the Holder and the Company agree as follows:

1. Section 2. (b) of each Preferred Investment Option is, without any further action on the part of any Person,
hereby deleted in its entirety and replaced with:

"*b) <u>Exercise Price</u>. The exercise price per share of Common Shares under this Preferred Investment Option shall be $0.80, subject to adjustment hereunder (the "<u>Exercise Price</u>").*"

2. For certainty, the parties hereto agree that, except as specifically provided herein, the terms and conditions
of each Preferred Investment Option are hereby confirmed and continue in full force and effect.

3. All questions concerning the construction, validity, enforcement and interpretation of this Agreement
shall be governed by and construed and enforced in accordance with the internal laws of the State of New York, without regard to the principles
of conflicts of law thereof.

4. This Agreement shall enure to the benefit of and be binding upon the parties hereto and their respective
legal representatives, heirs, executors, administrators, successors and assigns.

5. This Agreement may be executed in any number of separate counterparts and all such signed counterparts
will together constitute one and the same agreement. To evidence its execution of an original counterpart of this Agreement, a party may
send a copy of its signature on the execution page hereof to the other parties by facsimile or other means of recorded electronic transmission
(including in PDF form) and such transmission shall constitute valid delivery of an executed copy of this agreement to the receiving party.

[*Remainder of Page Intentionally Blank; Signature Page Follows*]

<sup>1</sup> Each of the Wainright Preferred Investment Option Amending Agreements are identical except the name of the Wainright Party and the number of shares that can be purchased.

<sup>2</sup> Each of the Wainright Preferred Investment Option Amending Agreements are identical except the name of the Wainright Party and the number of shares that can be purchased.

The undersigned hereby agree to the terms set forth herein as of the date first written above.

---

| | |
|:---|:---|
|  | **[ ]** |
| **INMED PHARMACEUTICALS INC.** | **INMED PHARMACEUTICALS INC.** |
| Per: | |
|  | Name: |
|  | Title: |

---

[*Signature Page –* Preferred Investment Option Amending Agreement]

## Exhibit 99.1

**Exhibit 99.1**

---

| | |
|:---|:---|
| ![](ea028772801_ex99-1img1.jpg) | <br> **NASDAQ: INM**<br>Suite 1445-885 West Georgia St.<br> Vancouver, BC, Canada V6C 3E8<br> Tel: +1.604.669.7207<br> Email: info@inmedpharma.com<br> www.inmedpharma.com |

---

**InMed Pharmaceuticals Amends Preferred Investment Options** 

Vancouver, BC – April 27, 2026 – InMed Pharmaceuticals Inc. ("**InMed**" or the "**Company**") (**Nasdaq: INM**), a pharmaceutical company focused on developing a pipeline of proprietary small molecule drug candidates for diseases with high unmet medical needs, today announces that it has entered into amending agreements in respect of preferred investment options previously entered into with each of Sabby Volatility Warrant Master Fund, Ltd. ("**Sabby**") and certain affiliates of H.C. Wainwright & Co., LLC (the "**Wainwright Parties**").

As previously reported:

&nbsp;&nbsp;&nbsp;&nbsp;· pursuant to the terms of the preferred investment
options dated October 26, 2023 and June 26, 2025 (together, the "**Sabby Preferred Investment Options** "), the Company
provided Sabby with the right to subscribe for and purchase from the Company, in the aggregate, up to 2,151,478 common shares in the capital
of the Company (on a post-consolidation basis) at an exercise price per common share of $2.436, subject to adjustment (the "**Sabby Exercise Price** "); and

&nbsp;&nbsp;&nbsp;&nbsp;· pursuant to the terms of the preferred investment
options dated November 21, 2022, October 26, 2023 and June 26, 2025 issued to the Wainwright Parties (collectively, the "**Wainwright Preferred Investment Options** ", and together with the Sabby Preferred Investment Options, the "**Preferred Investment Options** "), the Company provided the Wainwright Parties with the right to subscribe for and purchase from the Company, in the
aggregate, up to 153,236 common shares in the capital of the Company (on a post-consolidation basis) at exercise prices per common share
of $82.50, $20.75 and $3.2013 (in each case, on a post-consolidation basis), respectively, subject to adjustment in each case (collectively,
the "**Wainwright Exercise Prices** ").

The Company has entered into: (i) an amending agreement with Sabby in respect of the Sabby Preferred Investment Options to amend the Sabby Exercise Price to $0.80; and (ii) amending agreements with the Wainwright Parties in respect of the Wainwright Preferred Investment Options to amend the Wainwright Exercise Prices in the Wainwright Preferred Investment Options to $0.80.

Each of the Preferred Investment Options were offered in private placements pursuant to Section 4(a)(2) of the Securities Act of 1933, as amended, and Regulation D promulgated thereunder. No assurance can be given that any of the Preferred Investment Options will be exercised.

For further information, please see the Company's filings with the Securities and Exchange Commission, including the Company's Current Reports on Form 8-K filed with the Securities and Exchange Commission from time to time.

**About InMed**

InMed Pharmaceuticals is a pharmaceutical company focused on developing a pipeline of proprietary small molecule drug candidates targeting the CB1/CB2 receptors. InMed's pipeline consists of three separate programs in the treatment of Alzheimer's, ocular and dermatological indications. Together with our subsidiary BayMedica, we are a global leader in the manufacturing, development and commercialization of products based on rare cannabinoids and their proprietary, small molecule drug analogs. For more information, visit www.inmedpharma.com.

**Investor Contact:** 

Colin Clancy

Vice President, Investor Relations

and Corporate Communications

T: +1.604.416.0999

E: ir@inmedpharma.com

**Cautionary Note Regarding Forward-Looking Information:**

This news release contains "forward-looking information" and "forward-looking statements" (collectively, "forward-looking information") within the meaning of applicable securities laws. Forward-looking information is based on management's current expectations and beliefs and is subject to a number of risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Without limiting the foregoing, forward-looking information in this news release includes, but is not limited to, statements about the exercise of the Preferred Investment Options prior to their expiration.

With respect to the forward-looking information contained in this news release, InMed has made numerous assumptions regarding, among other things: the ability to obtain all necessary regulatory approvals on a timely basis, or at all; and continued economic and market stability. While InMed considers these assumptions to be reasonable, these assumptions are inherently subject to significant business, economic, competitive, market and social uncertainties and contingencies. Additionally, there are known and unknown risk factors which could cause InMed's actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information contained herein. A complete discussion of the risks and uncertainties facing InMed's stand-alone business is disclosed in InMed's Annual Report on Form 10-K, InMed's Quarterly Report on Form 10-Q and other filings with the Security and Exchange Commission on www.sec.gov.

All forward-looking information herein is qualified in its entirety by this cautionary statement, and InMed disclaims any obligation to revise or update any such forward-looking information or to publicly announce the result of any revisions to any of the forward-looking information contained herein to reflect future results, events or developments, except as required by law.