12/24/2023 0 Comments Novamind stock symbol![]() Novamind Shares to be de-listed from the CSE with effect promptly following the acquisition. Upon closing of the transaction, all Novamind operations will transition to Numinus branding. After giving effect to the Transaction, Novamind Shareholders will hold ~18% ownership in the proforma company. Under the terms of the Agreement, shareholders of Novamind will receive 0.84 of a common share of Numinus for each Novamind share held, implying an offer price of CAD 0.44 per Novamind Share. (OTCPK:NVMD.F) for CAD 21.6 million on April 11, 2022. (TSX:NUMI) entered into a definitive agreement to acquire Novamind Inc. Following a complementary screening process, groups of up to six individuals are selected to participate in a six-week protocol that includes group psychotherapy, integration sessions and three ketamine dosing sessions co-led by a licensed psychotherapist and a licensed prescriber. Frontline KAP is currently being offered at Novamind's Murray Clinic, one of several clinics in its network purposefully designed to accommodate group treatment. The expanded treatment program now also welcomes individuals in demanding helping professions such as police, firefighters and paramedics who experience similar work-related stressors. ![]() ![]() Healthcare workers are significantly impacted by the pandemic with reports of 93% experiencing stress, 86% experiencing anxiety and 76% experiencing exhaustion and burnout.1 Frontline KAP provides a platform for processing trauma with peers, more effectively building community and reducing feelings of isolation compared to individual treatment. Novamind, in partnership with Wholeness Center, piloted the program over a nine-month period to investigate group ketamine-assisted psychotherapy (KAP) for frontline healthcare workers suffering from pandemic-related burnout, stress and trauma. strengthened its clinical programming with the announcement that Frontline KAP, a group-based psychedelic treatment program, is now accessible to the public at select Novamind clinics. Launches Group Psychedelic Treatment for Frontline Workers
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