Sunday, August 3, 2025

Latest

Bright Minds Applies For Nasdaq Listing

Bright Minds Biosciences (CSE: DRUG) has an eye for the US big boards. The company this morning announced that it has submitted an application to list its common shares on the Nasdaq.

In association with the listing, the company has reserved the right to trade under the symbol “DRUG” on the exchange. The firm has filed a registration statement with the US Securities and Exchange Commission in connection with the planned listing, which remains subject to review and approval. The company intends to maintain its listing on the Canadian Securities Exchange, in addition to the US listing.

The listing on the US big board is expected to be a “critical step” in the evolution of the company, with the exposure to “elevate [the] company profile with the biotechnology investment community,” in addition to broadening the firms investor base.

“We believe that this is an ideal time for Bright Minds to announce its plans to move to a leading national stock exchange. Serotonergic therapeutics have gained considerable traction and are on the cusp of an exciting revolution in medicine. BMB is already moving to the clinic with a patented 5-HT2C drug for use in epilepsy. Moreover, having developed a robust pipeline of novel, best-in-class 5-HT2A/2C (serotonin) agonists that refine and build on the first-generation natural compound approaches, Bright Minds has laid a solid foundation to become the front runner in psychedelic-drug inspired medicine.”

Ian McDonald, Chief Executive Officer of Bright Minds

Bright Minds Biosciences last traded at $5.55 on the CSE.


FULL DISCLOSURE: Bright Minds Biosciences is a client of Canacom Group, the parent company of The Deep Dive. The company has been compensated to cover Bright Minds Biosciences on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security.

Video Articles

AngloGold Buys Another Gold Junior! Augusta Gold Acquired For $197 Million

Another Gold Deal! Aris Mining Sells Assets To McFarlane

Royal Gold Goes Big | $3.5 Billion Sandstorm Acquisition

Recommended

Tsunami Warnings Spread As Largest Quake Since 2011 Hits Russia

Northern Superior Intersects 1.75 g/t Gold Over 65.0 Metres At Philibert

Related News

Bright Minds Begins Phase 1 Clinical Trials Focused On Treating Dravet Syndrome

Phase 1 trials are officially underway for Bright Minds Biosciences (CSE: DRUG) and their lead...

Wednesday, August 31, 2022, 08:52:31 AM

Bright Minds Expands Leadership, Scientific Advisory Teams

Bright Minds Biosciences (CSE: DRUG) this morning enhanced its leadership team. The company appointed two...

Tuesday, April 27, 2021, 08:44:04 AM

Bright Minds Biosciences Advances Lead Serotonergic Drug Candidate To Toxicology Studies, Targets Human Trials In 2022

Bright Minds Biosciences (CSE: DRUG) shared today scientific updates regarding its serotonergic drug pipeline. This...

Wednesday, September 22, 2021, 03:24:00 PM

Bright Minds: Focusing On Second Generation Psychedelic Compounds – The Daily Dive

Starting off this week on the Daily Dive is that of Dr Gideon Shapiro, whom...

Monday, June 21, 2021, 01:30:00 PM

Bright Minds: The Next Revolution In Mental Health Care – The Daily Dive

Today on the Daily Dive, our host Cassandra Leah sits down with Ian McDonald, CEO...

Tuesday, May 4, 2021, 01:30:00 PM