STOCK TITAN

Cybin plans $262K stock option offering at $11.78

(Neutral)
(Neutral)
Form Type
D

Rhea-AI Filing Summary

CYBIN INC. (HELP) filed a Form D for a new exempt offering of stock options under Regulation D, claiming the Rule 506(b) safe harbor. The offering covers stock options exercisable at $11.78 per share, expiring on August 19, 2036 and vesting in eight quarterly tranches beginning on August 19, 2026.

The notice states that $0 has been sold to date, with a total remaining amount to be sold of $261,987, described as the maximum potential proceeds from option exercises. No finders’ fees are payable, and the issuer indicates it declines to disclose its revenue range. The securities are in the health care/biotechnology industry group.

Positive

  • None.

Negative

  • None.

Filing Explained

Because the notice reports a new offering, a first sale yet to occur, and $0 sold, it discloses capacity rather than a completed sale; if the options are later exercised, additional shares would reduce existing holders’ percentage ownership.

Exercise Price $11.78 per share Stock options exercisable at this price until August 19, 2036
Option Expiration Date August 19, 2036 Expiration date of stock options offered
Vesting Start Date August 19, 2026 First of eight quarterly vesting tranches
Total Amount Sold $0 Proceeds from the offering as of the notice date
Total Remaining to be Sold $261,987 Maximum potential proceeds from exercise of options
Finders’ Fees $0 Sales commissions and finders’ fees reported
Form D regulatory
"FORM D Notice of Exempt Offering of Securities"
Form D is a short notice filed with the U.S. Securities and Exchange Commission when a company raises money using a private offering exemption instead of a full public registration. Think of it as a public receipt that lists basic facts about the fundraiser—amount sought, how much has been sold, and who the issuer is—without the full audited disclosures of a public offering. Investors use it to spot private financings, assess potential dilution or fundraising activity, and find contact information, but it is not a substitute for detailed due diligence.
Rule 506(b) regulatory
"Rule 506(b) | Rule 506(c)"
Rule 506(b) is a U.S. securities exemption that lets companies sell shares or debt privately without full public registration, provided sales are primarily to accredited investors, up to 35 non‑accredited but financially knowledgeable buyers, and there is no public advertising or solicitation. It matters to investors because offerings under 506(b) usually include less public disclosure than registered securities—like buying from a private seller rather than a retail store—so buyers must do more of their own fact‑checking and rely on their financial sophistication.
Regulation D exemption regulatory
"if the issuer is claiming a Regulation D exemption for the offering"
covered securities regulatory
"if the securities that are the subject of this Form D are "covered securities""
stock options financial
"Stock options exercisable at $11.78 per share until August 19, 2036"
Stock options are agreements that give a person the right to buy or sell a company's stock at a specific price within a certain time frame. They are often used as a reward or incentive, similar to a coupon that can be used later if the stock price rises, allowing the holder to make a profit.
Offering Type shelf

FAQ

What type of securities is CYBIN INC. (HELP) offering in this Form D?

CYBIN INC. is offering stock options exercisable at $11.78 per share, expiring on August 19, 2036 and vesting in eight quarterly tranches beginning on August 19, 2026.

How much does CYBIN INC. (HELP) expect to raise from this exempt offering?

The filing shows a total remaining amount to be sold of $261,987, described as the maximum potential proceeds from the exercise of the stock options. No amount has been sold yet.

Under which exemption is CYBIN INC. (HELP) conducting this offering?

CYBIN INC. is relying on Rule 506(b) of Regulation D as the federal exemption for this offering of stock options.

What is the status of sales to date in CYBIN INC. (HELP)'s Form D offering?

The Form D reports Total Amount Sold: $0 and Total Remaining to be Sold: $261,987, indicating that no option exercises generating proceeds had occurred as of the notice.

Are any commissions or finders’ fees payable in CYBIN INC. (HELP)'s Form D offering?

The filing reports Finders’ Fees: $0, indicating that no finders’ fees are payable in connection with this exempt offering.

What industry does CYBIN INC. (HELP) report for this exempt offering?

CYBIN INC. classifies itself in the Health Care – Biotechnology industry group for purposes of this Form D notice.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Intentional misstatements or omissions of fact constitute federal criminal violations. See 18 U.S.C. 1001.

FORM D

Notice of Exempt Offering of Securities
OMB APPROVAL
OMB Number: 3235-0076
Estimated average burden
hours per response: 4.00

1. Issuer's Identity

CIK (Filer ID Number) Previous Names
X None
Entity Type
0001833141
X Corporation
Limited Partnership
Limited Liability Company
General Partnership
Business Trust
Other (Specify)

Name of Issuer
CYBIN INC.
Jurisdiction of Incorporation/Organization
ONTARIO, CANADA
Year of Incorporation/Organization
X Over Five Years Ago
Within Last Five Years (Specify Year)
Yet to Be Formed

2. Principal Place of Business and Contact Information

Name of Issuer
CYBIN INC.
Street Address 1 Street Address 2
100 King St. West, Suite 5600
City State/Province/Country ZIP/PostalCode Phone Number of Issuer
Toronto ONTARIO, CANADA M5X 1C9 (866) 292-4601

3. Related Persons

Last Name First Name Middle Name
So Eric
Street Address 1 Street Address 2
100 King St. West, Suite 5600
City State/Province/Country ZIP/PostalCode
Toronto ONTARIO, CANADA M5X 1C9
Relationship: X Executive Officer X Director Promoter

Clarification of Response (if Necessary):


Last Name First Name Middle Name
Halstead Michael
Street Address 1 Street Address 2
100 King St. West, Suite 5600
City State/Province/Country ZIP/PostalCode
Toronto ONTARIO, CANADA M5X 1C9
Relationship: X Executive Officer Director Promoter

Clarification of Response (if Necessary):


Last Name First Name Middle Name
Cavers Greg
Street Address 1 Street Address 2
100 King St. West, Suite 5600
City State/Province/Country ZIP/PostalCode
Toronto ONTARIO, CANADA M5X 1C9
Relationship: X Executive Officer Director Promoter

Clarification of Response (if Necessary):


Last Name First Name Middle Name
Glavine Paul
Street Address 1 Street Address 2
100 King St. West, Suite 5600
City State/Province/Country ZIP/PostalCode
Toronto ONTARIO, CANADA M5X 1C9
Relationship: X Executive Officer X Director Promoter

Clarification of Response (if Necessary):


Last Name First Name Middle Name
Fahel Gabriel
Street Address 1 Street Address 2
100 King St. West, Suite 5600
City State/Province/Country ZIP/PostalCode
Toronto ONTARIO, CANADA M5X 1C9
Relationship: X Executive Officer Director Promoter

Clarification of Response (if Necessary):


Last Name First Name Middle Name
Nivorozhkin Alex
Street Address 1 Street Address 2
100 King St. West, Suite 5600
City State/Province/Country ZIP/PostalCode
Toronto ONTARIO, CANADA M5X 1C9
Relationship: X Executive Officer Director Promoter

Clarification of Response (if Necessary):


Last Name First Name Middle Name
Bartlone Aaron
Street Address 1 Street Address 2
100 King St. West, Suite 5600
City State/Province/Country ZIP/PostalCode
Toronto ONTARIO, CANADA M5X 1C9
Relationship: X Executive Officer Director Promoter

Clarification of Response (if Necessary):


Last Name First Name Middle Name
Tziras George
Street Address 1 Street Address 2
100 King St. West, Suite 5600
City State/Province/Country ZIP/PostalCode
Toronto ONTARIO, CANADA M5X 1C9
Relationship: X Executive Officer Director Promoter

Clarification of Response (if Necessary):


Last Name First Name Middle Name
Inamdar Amir
Street Address 1 Street Address 2
100 King St. West, Suite 5600
City State/Province/Country ZIP/PostalCode
Toronto ONTARIO, CANADA M5X 1C9
Relationship: X Executive Officer Director Promoter

Clarification of Response (if Necessary):


Last Name First Name Middle Name
Firestone Theresa
Street Address 1 Street Address 2
100 King St. West, Suite 5600
City State/Province/Country ZIP/PostalCode
Toronto ONTARIO, CANADA M5X 1C9
Relationship: Executive Officer X Director Promoter

Clarification of Response (if Necessary):


Last Name First Name Middle Name
Lawson Mark
Street Address 1 Street Address 2
100 King St. West, Suite 5600
City State/Province/Country ZIP/PostalCode
Toronto ONTARIO, CANADA M5X 1C9
Relationship: Executive Officer X Director Promoter

Clarification of Response (if Necessary):


Last Name First Name Middle Name
Froese Grant
Street Address 1 Street Address 2
100 King St. West, Suite 5600
City State/Province/Country ZIP/PostalCode
Toronto ONTARIO, CANADA M5X 1C9
Relationship: Executive Officer X Director Promoter

Clarification of Response (if Necessary):


Last Name First Name Middle Name
Hoskins Eric
Street Address 1 Street Address 2
100 King St. West, Suite 5600
City State/Province/Country ZIP/PostalCode
Toronto ONTARIO, CANADA M5X 1C9
Relationship: Executive Officer X Director Promoter

Clarification of Response (if Necessary):


Last Name First Name Middle Name
Lewis-Hall Freda
Street Address 1 Street Address 2
100 King St. West, Suite 5600
City State/Province/Country ZIP/PostalCode
Toronto ONTARIO, CANADA M5X 1C9
Relationship: Executive Officer X Director Promoter

Clarification of Response (if Necessary):


4. Industry Group

Agriculture
Banking & Financial Services
Commercial Banking
Insurance
Investing
Investment Banking
Pooled Investment Fund
Is the issuer registered as
an investment company under
the Investment Company
Act of 1940?
Yes No
Other Banking & Financial Services
Business Services
Energy
Coal Mining
Electric Utilities
Energy Conservation
Environmental Services
Oil & Gas
Other Energy
Health Care
Biotechnology
Health Insurance
Hospitals & Physicians
Pharmaceuticals
Other Health Care
Manufacturing
Real Estate
Commercial
Construction
REITS & Finance
Residential
Other Real Estate
Retailing
Restaurants
Technology
Computers
Telecommunications
Other Technology
Travel
Airlines & Airports
Lodging & Conventions
Tourism & Travel Services
Other Travel
X
Other

5. Issuer Size

Revenue Range OR Aggregate Net Asset Value Range
No Revenues No Aggregate Net Asset Value
$1 - $1,000,000 $1 - $5,000,000
$1,000,001 - $5,000,000 $5,000,001 - $25,000,000
$5,000,001 - $25,000,000 $25,000,001 - $50,000,000
$25,000,001 - $100,000,000 $50,000,001 - $100,000,000
Over $100,000,000 Over $100,000,000
X Decline to Disclose Decline to Disclose
Not Applicable Not Applicable

6. Federal Exemption(s) and Exclusion(s) Claimed (select all that apply)

Rule 504(b)(1) (not (i), (ii) or (iii))
Rule 504 (b)(1)(i)
Rule 504 (b)(1)(ii)
Rule 504 (b)(1)(iii)
X Rule 506(b)
Rule 506(c)
Securities Act Section 4(a)(5)
Investment Company Act Section 3(c)
Section 3(c)(1) Section 3(c)(9)
Section 3(c)(2) Section 3(c)(10)
Section 3(c)(3) Section 3(c)(11)
Section 3(c)(4) Section 3(c)(12)
Section 3(c)(5) Section 3(c)(13)
Section 3(c)(6) Section 3(c)(14)
Section 3(c)(7)

7. Type of Filing

X New Notice Date of First Sale 2026-08-19 First Sale Yet to Occur
Amendment

8. Duration of Offering

Does the Issuer intend this offering to last more than one year?
X Yes No

9. Type(s) of Securities Offered (select all that apply)

Equity Pooled Investment Fund Interests
Debt Tenant-in-Common Securities
X Option, Warrant or Other Right to Acquire Another Security Mineral Property Securities
Security to be Acquired Upon Exercise of Option, Warrant or Other Right to Acquire Security X Other (describe)
Stock options exercisable at $11.78 per share until August 19, 2036, vesting in eight quarterly tranches beginning and including August 19, 2026.

10. Business Combination Transaction

Is this offering being made in connection with a business combination transaction, such as a merger, acquisition or exchange offer?
Yes X No

Clarification of Response (if Necessary):

11. Minimum Investment

Minimum investment accepted from any outside investor $0 USD

12. Sales Compensation

Recipient
Recipient CRD Number X None
(Associated) Broker or Dealer X None
(Associated) Broker or Dealer CRD Number X None
Street Address 1 Street Address 2
City State/Province/Country ZIP/Postal Code
State(s) of Solicitation (select all that apply)
Check "All States" or check individual States
All States
Foreign/non-US

13. Offering and Sales Amounts

Total Offering Amount $261,987 USD
or Indefinite
Total Amount Sold $0 USD
Total Remaining to be Sold $261,987 USD
or Indefinite

Clarification of Response (if Necessary):

Total amount remaining to be sold represents maximum potential proceeds from exercise of options.

14. Investors

Select if securities in the offering have been or may be sold to persons who do not qualify as accredited investors, and enter the number of such non-accredited investors who already have invested in the offering.
Regardless of whether securities in the offering have been or may be sold to persons who do not qualify as accredited investors, enter the total number of investors who already have invested in the offering:
4

15. Sales Commissions & Finder's Fees Expenses

Provide separately the amounts of sales commissions and finders fees expenses, if any. If the amount of an expenditure is not known, provide an estimate and check the box next to the amount.

Sales Commissions $0 USD
Estimate
Finders' Fees $0 USD
Estimate

Clarification of Response (if Necessary):

16. Use of Proceeds

Provide the amount of the gross proceeds of the offering that has been or is proposed to be used for payments to any of the persons required to be named as executive officers, directors or promoters in response to Item 3 above. If the amount is unknown, provide an estimate and check the box next to the amount.

$0 USD
Estimate

Clarification of Response (if Necessary):

Signature and Submission

Please verify the information you have entered and review the Terms of Submission below before signing and clicking SUBMIT below to file this notice.

Terms of Submission

In submitting this notice, each issuer named above is:
  • Notifying the SEC and/or each State in which this notice is filed of the offering of securities described and undertaking to furnish them, upon written request, in the accordance with applicable law, the information furnished to offerees.*
  • Irrevocably appointing each of the Secretary of the SEC and, the Securities Administrator or other legally designated officer of the State in which the issuer maintains its principal place of business and any State in which this notice is filed, as its agents for service of process, and agreeing that these persons may accept service on its behalf, of any notice, process or pleading, and further agreeing that such service may be made by registered or certified mail, in any Federal or state action, administrative proceeding, or arbitration brought against the issuer in any place subject to the jurisdiction of the United States, if the action, proceeding or arbitration (a) arises out of any activity in connection with the offering of securities that is the subject of this notice, and (b) is founded, directly or indirectly, upon the provisions of: (i) the Securities Act of 1933, the Securities Exchange Act of 1934, the Trust Indenture Act of 1939, the Investment Company Act of 1940, or the Investment Advisers Act of 1940, or any rule or regulation under any of these statutes, or (ii) the laws of the State in which the issuer maintains its principal place of business or any State in which this notice is filed.
  • Certifying that, if the issuer is claiming a Regulation D exemption for the offering, the issuer is not disqualified from relying on Rule 504 or Rule 506 for one of the reasons stated in Rule 504(b)(3) or Rule 506(d).

Each Issuer identified above has read this notice, knows the contents to be true, and has duly caused this notice to be signed on its behalf by the undersigned duly authorized person.

For signature, type in the signer's name or other letters or characters adopted or authorized as the signer's signature.

Issuer Signature Name of Signer Title Date
Cybin Inc. /s/ Greg Cavers Greg Cavers CFO 2026-08-28

Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.

* This undertaking does not affect any limits Section 102(a) of the National Securities Markets Improvement Act of 1996 ("NSMIA") [Pub. L. No. 104-290, 110 Stat. 3416 (Oct. 11, 1996)] imposes on the ability of States to require information. As a result, if the securities that are the subject of this Form D are "covered securities" for purposes of NSMIA, whether in all instances or due to the nature of the offering that is the subject of this Form D, States cannot routinely require offering materials under this undertaking or otherwise and can require offering materials only to the extent NSMIA permits them to do so under NSMIA's preservation of their anti-fraud authority.