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Helus Pharma director reports 19,737 warrants

The reported warrant position has a US$17.37 exercise price and an August 20, 2030 expiration date.

(Moderate)

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

Form Type
3

Rhea-AI Filing Summary

Helus Pharma Inc. (HELP) director Grant Froese reported ownership positions as of October 13, 2026, including 19,737 directly held warrants tied to 19,737 underlying common shares. The warrants have a US$17.37 exercise price and expire August 20, 2030. The exercise price reflects conversion from C$24.32 at C$1.4 = US$1.00. Froese also reported 156,000 common shares held by Greywolf Management Services Inc., which he owns and controls, and 5,263 common shares held by his spouse.

Insider Froese Grant
Role Director
Type Security Shares Price Value
holding Warrants F2 -- -- --
holding Common Shares -- -- --
holding Common Shares F1 -- -- --
Holdings After Transaction: Warrants — 19,737 contracts (Direct); Common Shares — 5,263 shares (Indirect, Held by spouse); Common Shares — 156,000 shares (Indirect, Held by Greywolf Management Services Inc.)
Footnotes (2)
  1. F1. Held by Greywolf Management Services Inc., a corporation owned and controlled by the reporting person.
  2. F2. Converted from Canadian exercise price of C$24.32 using an exchange rate of C$1.4 = US$1.00.
Directly held warrants 19,737 warrants Reported as of October 13, 2026
Underlying common shares 19,737 shares Underlying the directly held warrants
Common shares held by Greywolf Management Services Inc. 156,000 shares The corporation is owned and controlled by Grant Froese
Common shares held by spouse 5,263 shares Reported as of October 13, 2026
Warrant exercise price US$17.37 per share Converted from C$24.32 using C$1.4 = US$1.00
Warrant expiration date August 20, 2030 Directly held warrants
Warrants financial
"Warrants"
Warrants are special documents that give you the right to buy a company's stock at a set price before a certain date. They are often used as a way for companies to attract investors or raise money, and their value can increase if the company's stock price goes up.
exercise price financial
"Canadian exercise price of C$24.32"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
exchange rate financial
"using an exchange rate of C$1.4 = US$1.00"
Exchange rate is the price of one currency expressed in another—for example, how many euros you receive for one US dollar. It matters to investors because changes in that price alter the reported profits, costs and value of assets for companies and portfolios that operate or hold money across borders; think of it like switching measurement units, where the same item can look bigger or smaller depending on the unit used.

FAQ

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What shares and warrants did HELP director Grant Froese report?

Grant Froese reported 19,737 directly held warrants tied to 19,737 underlying common shares, 156,000 common shares held by Greywolf Management Services Inc., and 5,263 common shares held by his spouse.

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

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Available on EDGAR Accepted by SEC EDGAR Learn about SEC filing dates
SEC Form 3
FORM 3UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0104
Estimated average burden
hours per response:0.5
1. Name and Address of Reporting Person*
Froese Grant

(Last)(First)(Middle)
C/O HELUS PHARMA INC.
100 KING STREET W., SUITE 5600

(Street)
TORONTOM5X 1C9

(City)(State)(Zip)

ONTARIO, CANADA

(Country)
2. Date of Event Requiring Statement (Month/Day/Year)
10/13/2026
3. Issuer Name and Ticker or Trading Symbol
Helus Pharma Inc. [ HELP ]
3a. Foreign Trading Symbol
5. If Amendment, Date of Original Filed (Month/Day/Year)
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Shares5,263IHeld by spouse
Common Shares156,000IHeld by Greywolf Management Services Inc.(1)
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year)3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date ExercisableExpiration DateTitleAmount or Number of Shares
Warrants11/05/202008/20/2030Common Shares19,737$17.37(2)D
Explanation of Responses:
1. Held by Greywolf Management Services Inc., a corporation owned and controlled by the reporting person.
2. Converted from Canadian exercise price of C$24.32 using an exchange rate of C$1.4 = US$1.00.
/s/ Grant Froese10/23/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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.
* Form 3: SEC 1473 (03-26)

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