UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THESECURITIES EXCHANGE ACT OF 1934
For the month of January 2025
Commission File Number: 001-41937
(Translation of registrant’s name into English)
121 Richmond Street West
Penthouse Suite 1300
Toronto, Ontario M5H 2K1
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
X Form 20-F ☐ Form 40-F
Explanatory Note
Psyence Biomedical Ltd. (the “Company”) is filing this Current Report on Form 6-K to (i) file its unaudited interim consolidated financial statements for the three and six months ended September 30, 2024 and 2023 (the “Interim Financial Statements”), along with its corresponding Management’s Discussion and Analysis, and (ii) its updated audited consolidated financial statements for the fiscal years ended March 31, 2024, and March 31, 2023 (the “Updated Financial Statements”).
The Updated Financial Statements reflect adjustments made solely to account for the Company’s previously announced reverse stock split, which became effective on November 26, 2024. The reverse stock split was implemented at a ratio of 75-to-1, and all share and per-share amounts in the Updated Financial Statements have been retroactively adjusted to reflect this change for all periods presented. No changes were made to the Management’s Discussion and Analysis related to the audited condensed financial statements for the years ended March 31, 2024 and 2023.
Other than the retroactive adjustments related to the reverse stock split and certain updates to the Subsequent Events section, no changes have been made to the previously filed audited condensed financial statements for the years ended March 31, 2024 and 2023. The accompanying notes to the Updated Financial Statements provide additional details regarding the reverse stock split and its impact on the Company’s financial disclosures.
EXHIBIT INDEX
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Exhibit No. |
| Description |
99.1 | | |
99.2 | | |
99.3 | | Updated Audited Consolidated Financial Statements for the Years Ended March 31, 2024 and 2023. |
99.4 | | |
99.5 | | |
101.INS | | Inline XBRL Instance Document. |
101.SCH | | Inline XBRL Taxonomy Extension Schema Document. |
101.CAL | | Inline XBRL Taxonomy Extension Calculation Linkbase Document. |
101.DEF | | Inline XBRL Taxonomy Extension Definition Linkbase Document. |
101.LAB | | Inline XBRL Taxonomy Extension Label Linkbase Document. |
101.PRE | | Inline XBRL Taxonomy Extension Presentation Linkbase Document. |
104 | | Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101). |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Dated: January 23, 2025
Psyence Biomedical Ltd. |
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By: | /s/ Neil Maresky |
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Name: | Dr. Neil Maresky |
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Title: | Chief Executive Officer and Director |
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