Vivo Opportunity entities (INM) add 249,227 InMed shares in open-market buys
Rhea-AI Filing Summary
InMed Pharmaceuticals Inc. reported significant insider buying by entities associated with Vivo Opportunity. Over multiple open-market purchases from May 20 to June 8, 2026, Vivo Opportunity Fund Holdings, L.P. and Vivo Opportunity Cayman Fund, L.P. acquired a combined 249,227 common shares at prices generally between $1.42 and $1.75 per share. The funds’ general partners, Vivo Opportunity, LLC and Vivo Opportunity Cayman, LLC, are listed as reporting persons but each disclaims beneficial ownership beyond its pecuniary interest.
Positive
- None.
Negative
- None.
Insights
Vivo-associated funds steadily bought InMed shares in open-market trades.
Entities linked to Vivo Opportunity, as ten percent owners, executed 18 open-market purchases of InMed Pharmaceuticals common shares between May 20, 2026 and June 8, 2026. The Form 4 shows a net acquisition of 249,227 shares, with no reported sales in this period.
Transactions occurred at weighted average prices within ranges from about $1.42 to $1.75 per share, indicating gradual accumulation rather than a single block trade. The filing also notes that Vivo Opportunity, LLC and Vivo Opportunity Cayman, LLC act as general partners and disclaim full beneficial ownership beyond their pecuniary interest.
Because this is a secondary-market purchase, there is no direct cash impact on InMed itself. The informational value lies in a large shareholder increasing its stake, though the filing does not quantify the percentage of total shares outstanding, so the broader impact on ownership structure is not specified here.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Shares | 29,518 | $1.52 | $45K |
| Purchase | Common Shares | 2,982 | $1.52 | $5K |
| Purchase | Common Shares | 49,966 | $1.57 | $78K |
| Purchase | Common Shares | 5,045 | $1.57 | $8K |
| Purchase | Common Shares | 6,125 | $1.57 | $10K |
| Purchase | Common Shares | 618 | $1.57 | $970.26 |
| Purchase | Common Shares | 7,069 | $1.55 | $11K |
| Purchase | Common Shares | 714 | $1.55 | $1K |
| Purchase | Common Shares | 20,753 | $1.52 | $32K |
| Purchase | Common Shares | 2,095 | $1.52 | $3K |
| Purchase | Common Shares | 14,838 | $1.55 | $23K |
| Purchase | Common Shares | 1,498 | $1.55 | $2K |
| Purchase | Common Shares | 16,164 | $1.57 | $25K |
| Purchase | Common Shares | 1,632 | $1.57 | $3K |
| Purchase | Common Shares | 30,882 | $1.69 | $52K |
| Purchase | Common Shares | 3,118 | $1.69 | $5K |
| Purchase | Common Shares | 51,056 | $1.56 | $80K |
| Purchase | Common Shares | 5,154 | $1.56 | $8K |
Footnotes (1)
- Vivo Opportunity, LLC is the general partner of Vivo Opportunity Fund Holdings, L.P., the record holder of the securities. Vivo Opportunity, LLC disclaims beneficial ownership over such securities except to the extent of its pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes. Vivo Opportunity Cayman, LLC is the general partner of Vivo Opportunity Cayman Fund, L.P., the record holder of the securities. Vivo Opportunity Cayman, LLC disclaims beneficial ownership over such securities except to the extent of its pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes. The price reported herein is a weighted average price. These shares were acquired on the open market in multiple transactions at prices ranging from $1.42 to $1.70, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in footnote (3) to this Form 4. The price reported herein is a weighted average price. These shares were acquired on the open market in multiple transactions at prices ranging from $1.53 to $1.75, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in footnote (4) to this Form 4. The price reported herein is a weighted average price. These shares were acquired on the open market in multiple transactions at prices ranging from $1.55 to $1.65, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in footnote (5) to this Form 4. The price reported herein is a weighted average price. These shares were acquired on the open market in multiple transactions at prices ranging from $1.49 to $1.63, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in footnote (6) to this Form 4. The price reported herein is a weighted average price. These shares were acquired on the open market in multiple transactions at prices ranging from $1.49 to $1.56, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in footnote (7) to this Form 4. The price reported herein is a weighted average price. These shares were acquired on the open market in multiple transactions at prices ranging from $1.50 to $1.60, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in footnote (8) to this Form 4. The price reported herein is a weighted average price. These shares were acquired on the open market in multiple transactions at prices ranging from $1.55 to $1.66, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in footnote (9) to this Form 4. The price reported herein is a weighted average price. These shares were acquired on the open market in multiple transactions at prices ranging from $1.53 to $1.58, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in footnote (10) to this Form 4. The price reported herein is a weighted average price. These shares were acquired on the open market in multiple transactions at prices ranging from $1.48 to $1.58, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in footnote (11) to this Form 4.