Cybin files two Form D notices for equity awards to executives and directors
The Toronto-based company registered separate exempt offerings covering restricted share units and performance share units, both dated August 18, 2026.
Cybin Inc., based in Toronto, filed two Form D notices with the SEC, both dated August 18, 2026 and signed by CFO Greg Cavers.
One filing covers a total of 1,175,000 restricted share units that vest each year through August 20, 20291. These are described as an option, warrant or other right to acquire another security, along with a security to be acquired upon exercise of such a right.1 The record lists a first sale date of August 3, 20261 and two investors who have already put money into the offering1.
The second filing covers a total of 425,000 performance share units, also vesting annually through August 3, 2029, contingent on meeting certain conditions2. It carries the same first sale date of August 3, 2026, per the filing, and shows one investor who has already participated in the offering2.
Both notices state that the offering is not being made in connection with a merger, acquisition, exchange offer or similar business combination1. Each filing lists no revenue or asset value disclosed, marked as "decline to disclose,"1 and claims exemption under Rule 506(b)1. Both list a $0 minimum investment1, $0 total amount sold to date1, and no sales commissions or finders' fees1.
The related persons named in both filings include company executives and directors such as Eric So, Michael Halstead, Greg Cavers, Paul Glavine, Gabriel Fahel, Alex Nivorozhkin, Aaron Bartlone, George Tziras, Amir Inamdar, Theresa Firestone, Mark Lawson, Grant Froese, Eric Hoskins and Freda Lewis-Hall, all listed with an address at 100 King St. West, Suite 5600, Toronto.
Written by readthrough’s AI from the linked primary sources and fact-checked against them automatically before publishing. Not investment advice.