As filed with the Securities and Exchange Commission
on December 30, 2024
Registration No. 333-284029
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Pre-Effective Amendment No. 1
to
FORM S-1
REGISTRATION STATEMENT
UNDER
THE SECURITIES ACT OF 1933
INMED PHARMACEUTICALS INC.
(Exact name of registrant as specified in its charter)
| British Columbia |
|
2834 |
|
98-1428279 |
(State or other jurisdiction of
incorporation or organization) |
|
(Primary Standard Industrial
Classification Code Number) |
|
(I.R.S. Employer
Identification Number) |
Suite 1445 – 885 West Georgia St.
Vancouver, British Columbia, Canada V6C 3E8
(604) 669-7207
(Address, including zip code and telephone number,
including area code, of registrant’s principal executive offices)
Registered Agent Solutions, Inc.
1100 H Street NW, Suite 840
Washington, D.C. 20005
(888) 705-7274
(Name, address, including zip code, and telephone
number, including area code, of agent for service)
with copies to:
|
Netta Jagpal
Chief Financial Officer
InMed Pharmaceuticals Inc.
Suite 1445 – 885 West Georgia St.
Vancouver, British Columbia, Canada V6C 3E8
(604) 669-7207 |
|
Jared D. Kaplan
Trevor Zeyl
Norton Rose Fulbright US LLP
1045 W. Fulton Street
Suite 1200
Chicago, IL 60607
(312) 964-7754 |
Approximate date of commencement of proposed
sale to the public: From time to time after the effective date of this registration statement.
If any of the securities being registered on this
Form are to be offered on a delayed or continuous basis pursuant to Rule 415 under the Securities Act of 1933 check the following box:
☒
If this Form is filed to register additional securities
for an offering pursuant to Rule 462(b) under the Securities Act, please check the following box and list the Securities Act registration
statement number of the earlier effective registration statement for the same offering: ☐
If this Form is a post-effective amendment filed
pursuant to Rule 462(c) under the Securities Act, check the following box and list the Securities Act registration statement number of
the earlier effective registration statement for the same offering: ☐
If this Form is a post-effective amendment filed
pursuant to Rule 462(d) under the Securities Act, check the following box and list the Securities Act registration statement number of
the earlier effective registration statement for the same offering: ☐
Indicate by check mark whether the registrant
is a large accelerated filer, an accelerated filer, a non-accelerated filer, smaller reporting company, or an emerging growth company.
See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,”
and “emerging growth company” in Rule 12b-2 of the Exchange Act.
| Large accelerated filer: |
☐ |
Accelerated filer: |
☐ |
| Non-accelerated filer: |
☒ |
Smaller reporting company: |
☒ |
| |
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 7(a)(2)(B) of the Securities Act ☐
The registrant hereby amends this registration
statement on such date or dates as may be necessary to delay its effective date until the registrant shall file a further amendment which
specifically states that this registration statement shall thereafter become effective in accordance with Section 8(a) of the Securities
Act of 1933, as amended, or until the registration statement shall become effective on such date as the Securities and Exchange Commission
acting pursuant to said Section 8(a), may determine.
Explanatory Note
This Pre-Effective Amendment No. 1 is being filed
for the purpose of filing an updated opinion regarding legality by (Exhibit 5.1) and consent of (Exhibit 23.2) Norton Rose Fulbright Canada
LLP to the registration statement on Form S-1 (Commission File No. 333-284029) (the “Registration Statement”). No changes
are being made to Part I or Part II of the Registration Statement.
Item 16. Exhibits and Financial Statement Schedules
(a) Exhibits
| Exhibit
Number |
|
Description
of Exhibit |
| |
|
|
| 2.1 |
|
Amended
and Restated Agreement and Plan of Reorganization, dated as of October 13, 2021, by and among InMed Pharmaceuticals Inc., InMed LLC,
BayMedica, Inc., BM REP, LLC, as the stockholder representative, and certain stockholders thereto (incorporated by reference to Exhibit
2.1 to the Company’s Current Report on Form 8-K filed with the SEC on October 13, 2021). |
| 3.1 |
|
Amended
and Restated Articles of InMed Pharmaceuticals Inc. (incorporated by reference to Exhibit 3.1 to the Company’s Registration
Statement on Form S-1 filed with the SEC on June 19, 2020). |
| 4.1 |
|
Form
of Specific Common Share Certificate (incorporated by reference to Exhibit 4.3 to the Company’s Registration Statement on Form
S-1 filed with the SEC on July 13, 2021). |
| 4.2 |
|
Form
of Common Shares Purchase Warrant (incorporated by reference to Exhibit 4.1 to the Company’s Current Report on Form 8-K filed
with the SEC on November 12, 2020). |
| 4.3 |
|
Form
of Common Shares Purchase Warrant (incorporated by reference to Exhibit 4.1 to the Company’s Current Report on Form 8-K filed
with the SEC on February 5, 2021). |
| 4.4 |
|
Form
of Series A Warrant (incorporated by reference to Exhibit 4.1 to the Company’s Current Report on Form 8-K filed with the SEC
on June 30, 2021). |
| 4.5 |
|
Form
of Pre-Funded Warrants (incorporated by reference to Exhibit 4.2 to the Company’s Current Report on Form 8-K filed with the
SEC on June 30, 2021). |
| 4.6 |
|
Form
of Preferred Investment Option (incorporated by reference to Exhibit 4.1 to the Company’s Current Report on Form 8-K filed
with the SEC on June 6, 2022). |
| 4.7 |
|
Form
of Pre-Funded Warrant (incorporated by reference to Exhibit 4.2 to the Company’s Current Report on Form 8-K filed with the
SEC on June 6, 2022). |
| 4.8 |
|
Form
of Pre-Funded Warrant (incorporated by reference to Exhibit 4.3 to the Company’s Current Report on Form 8-K filed with the
SEC on June 6, 2022). |
| 4.9 |
|
Warrant
Amendment Agreement (incorporated by reference to Exhibit 4.4 to the Company’s Current Report on Form 8-K filed with the SEC
on June 6, 2022). |
| 4.10 |
|
Form
of Pre-Funded Warrant (incorporated by reference to Exhibit 4.1 to the Company’s Current Report on Form 8-K filed with the
SEC on September 14, 2022). |
| 4.11 |
|
Form
of Preferred Investment Option (incorporated by reference to Exhibit 4.2 to the Company’s Current Report on Form 8-K filed
with the SEC on September 14, 2022). |
| 4.12 |
|
Form
of Placement Agent Preferred Investment Option (incorporated by reference to Exhibit 4.3 to the Company’s Current Report on
Form 8-K filed with the SEC on September 14, 2022). |
| 4.13 |
|
Form
of Pre-Funded Warrant (incorporated by reference to Exhibit 4.1 to the Company’s Current Report on Form 8-K filed with the
SEC on November 22, 2022). |
| 4.14 |
|
Form
of Preferred Investment Option (incorporated by reference to Exhibit 4.2 to the Company’s Current Report on Form 8-K filed
with the SEC on November 22, 2022). |
| 4.15 |
|
Form
of Placement Agent Preferred Investment Option (incorporated by reference to Exhibit 4.3 to the Company’s Current Report on
Form 8-K filed with the SEC on November 22, 2022). |
| 4.16 |
|
Form
of Pre-Funded Warrant (incorporated by reference to Exhibit 4.1 to the Company’s Current Report on Form 8-K filed with the
SEC on October 30, 2023). |
| 4.17 |
|
Form
of Preferred Investment Option (incorporated by reference to Exhibit 4.2 to the Company’s Current Report on Form 8-K filed
with the SEC on October 30, 2023). |
| 4.18 |
|
Form
of Placement Agent Preferred Investment Option (incorporated by reference to Exhibit 4.3 to the Company’s Current Report on
Form 8-K filed with the SEC on October 30, 2023). |
| 5.1** |
|
Opinion of Norton Rose Fulbright Canada LLP. |
| 10.1 |
|
InMed
Pharmaceuticals Inc. 2017 Amended and Restated Stock Option Plan, as amended (incorporated by reference to Exhibit 4.2 to the Company’s
Current Report on Form S-8 filed with the SEC on March 5, 2021). |
| 10.2 |
|
Form
of Stock Option Agreement pursuant to the InMed Pharmaceuticals Inc. 2017 Amended and Restated Stock Option Plan (incorporated by
reference to Exhibit 4.3 to the Company’s Current Report on Form S-8 filed with the SEC on March 5, 2021). |
| 10.3 |
|
Registration
Rights Agreement, dated February 5, 2021, between InMed Pharmaceuticals Inc. and several purchasers thereto (incorporated by reference
to Exhibit 10.3 to the Company’s Current Report on Form 8-K filed with the SEC on February 5, 2021). |
| 10.4 |
|
Registration
Rights Agreement, dated June 28, 2021, between InMed Pharmaceuticals Inc. and several purchasers thereto (incorporated by reference
to Exhibit 10.2 to the Company’s Current Report on Form 8-K filed with the SEC on June 30, 2021). |
| 10.5 |
|
Registration
Rights Agreement, dated June 1, 2022, between InMed Pharmaceuticals Inc. and the purchasers thereto (incorporated by reference to
Exhibit 10.3 to the Company’s Current Report on Form 8-K filed with the SEC on June 6, 2022). |
| 10.6 |
|
Registration
Rights Agreement, dated September 9, 2022, between InMed Pharmaceuticals Inc. and the purchasers thereto (incorporated by reference
to Exhibit 10.2 to the Company’s Current Report on Form 8-K filed with the SEC on September 14, 2022). |
| 10.7 |
|
Registration
Rights Agreement, dated November 17, 2022, between InMed Pharmaceuticals Inc. and the purchasers thereto (incorporated by reference
to Exhibit 10.2 to the Company’s Current Report on Form 8-K filed with the SEC on November 22, 2022). |
| 10.8 |
|
Registration
Rights Agreement, dated November 17, 2022, between InMed Pharmaceuticals Inc. and the purchasers thereto (incorporated by reference
to Exhibit 10.2 to the Company’s Current Report on Form 8-K filed with the SEC on October 30, 2023). |
| 10.9 |
|
Amended
and Restated Executive Employment Agreement, dated March 1, 2021, between Eric A. Adams and InMed Pharmaceuticals Inc. (incorporated
by reference to Exhibit 10.3 to the Company’s Registration Statement on Form S-1 filed with the SEC on July 13, 2021). |
| 10.10 |
|
Amendment
dated July 11, 2022 to Eric Adams’ Employment Agreement dated 1 March 2021 (incorporated by reference to Exhibit 10.1 to the
Company’s Current Report on Form 8-K filed with the SEC on July 18, 2022). |
| 10.11 |
|
Amended
and Restated Executive Employment Agreement, dated March 1, 2021, between Eric Hsu and InMed Pharmaceuticals Inc. (incorporated by
reference to Exhibit 10.4 to the Company’s Registration Statement on Form S-1 filed with the SEC on July 13, 2021). |
| 10.12 |
|
Employment Agreement dated July 15, 2022, between InMed Pharmaceuticals Inc. and Michael Woudenberg (incorporated by reference to Exhibit 10.1 to the Company’s Current Report on Form 8-K filed with the SEC on July 20, 2022) |
| 10.13 |
|
Form of InMed Pharmaceuticals Inc. Indemnification Agreement entered into with each member of the board of directors and Chief Financial Officer (incorporated by reference to Exhibit 10.10 to the Company’s Annual Report on Form 10-K filed with the SEC on September 24, 2021) |
| 10.14 |
|
Office Premises Lease, dated January 14, 2019, between InMed Pharmaceuticals Inc. and 815 West Hastings Ltd. (incorporated by reference to Exhibit 10.8 to the Company’s Registration Statement on Form S-1 filed with the SEC on June 19, 2020). |
| 10.15 |
|
Form of Amendment of Purchase Agreement and Common Stock Purchase Warrant, dated March 21, 2022 (incorporated by reference to Exhibit 10.1 to the Company’s Current Report on Form 8-K filed with the SEC on March 22, 2022). |
| 10.16 |
|
At the Market Offering Agreement dated April 7, 2021 by and between InMed Pharmaceuticals Inc., and H.C. Wainwright & Co., LLC (incorporated by reference to Exhibit 10.1 to the Company’s Current Report on Form 8-K filed with the SEC on April 7, 2022). |
| 10.17 |
|
Form of Securities Purchase Agreement dated October 24, 2023 (incorporated by reference to Exhibit 10.1 to the Company’s Current Report on Form 8-K filed with the SEC on October 30, 2023). |
| 10.18 |
|
Form of Inducement Letter dated October 24, 2023 (incorporated by reference to Exhibit 10.3 to the Company’s Current Report on Form 8-K filed with the SEC on October 30, 2023). |
| 10.19 |
|
Amendment No. 1, dated June 27, 2024, to the At the Market Offering Agreement dated April 7, 2022 by and between InMed Pharmaceuticals Inc., and H.C. Wainwright & Co., LLC (incorporated by reference to Exhibit 10.1 to the Company’s Current Report on Form 8-K filed with the SEC on June 28, 2024). |
| 10.20 |
|
Consulting Agreement, dated as of May 17, 2024, between the Company and Alexandra D. J. Mancini, d.b.a True North Synergy Inc. (incorporated by reference to Exhibit 10.19 to the Company’s Annual Report on Form 10-K filed with the SEC on September 30, 2024). |
| 10.21 |
|
Scientific Advisory Board Consulting Agreement, dated as of September 4, 2024, between the Company and Barry Greenberg, Ph.D. (incorporated by reference to Exhibit 10.20 to the Company’s Annual Report on Form 10-K filed with the SEC on September 30, 2024). |
| 10.22 |
|
Standby
Equity Purchase Agreement, dated December 13, 2024, by and between the Company and YA II PN, LTD (incorporated
by reference to Exhibit 10.1 to the Company’s Current Report on Form 8-K filed with the SEC on December 18, 2024). |
| 21.1 |
|
Subsidiaries of the Company (incorporated by reference to Exhibit 21.1 of the Company’s Annual Report on Form 10-K filed with the SEC on September 30, 2024). |
| 23.1* |
|
Consent of Marcum LLP. |
| 23.2** |
|
Consent of Norton Rose Fulbright Canada LLP (included in opinion filed as Exhibit 5.1). |
| 24.1* |
|
Power of Attorney (included on the signature page). |
| 107* |
|
Filing Fee Table. |
| (b) | Financial Statement Schedules |
None
SIGNATURES
Pursuant to the requirements
of the Securities Act of 1933, the registrant has duly caused this registration statement to be signed on its behalf by the undersigned,
thereunto duly authorized, in Vancouver, British Columbia, Canada, on December 30, 2024.
| |
INMED PHARMACEUTICALS INC. |
| |
|
|
| |
By: |
/s/ Eric A. Adams |
| |
Name: |
Eric A. Adams |
| |
Title: |
President and Chief Executive Officer |
Pursuant to the requirements
of the Securities Act of 1933, this registration statement has been signed by the following persons in the capacities indicated and on
December 30, 2024.
| Signature |
|
Title |
| |
|
|
| * |
|
President, Chief Executive Officer and Director |
| Eric A. Adams |
|
(Principal Executive Officer) |
| |
|
|
| * |
|
Chief Financial Officer |
| Netta Jagpal |
|
(Principal Financial Officer and Principal Accounting Officer) |
| |
|
|
| * |
|
Director |
| Janet Grove |
|
|
| |
|
|
| * |
|
Director |
| Andrew Hull |
|
|
| |
|
|
| * |
|
Director |
| Bryan Baldasare |
|
|
| |
|
|
| * |
|
Director |
| Nicole Lemerond |
|
|
| *By: |
/s/ Eric A. Adams |
|
| |
Eric A. Adams |
|
| |
Attorney-in-fact |
|
AUTHORIZED REPRESENTATIVE
Pursuant to the requirements
of Section 6(a) of the Securities Act of 1933, the undersigned has signed this registration statement, solely in its capacity as the duly
authorized representative of InMed Pharmaceuticals Inc. in the United States, on December 30, 2024.
| |
Andrew Hull |
| |
|
| |
/s/ Andrew Hull |
| |
Authorized Representative |
4
