Announcement • Apr 08
MyndTec Inc., Annual General Meeting, Jun 17, 2026 MyndTec Inc., Annual General Meeting, Jun 17, 2026. New Risk • Feb 08
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 23% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks No financial data reported. Shares are highly illiquid. Market cap is less than US$10m (CA$157.6k market cap, or US$115.4k). Minor Risk Shareholders have been diluted in the past year (23% increase in shares outstanding). Announcement • Apr 09
MyndTec Inc., Annual General Meeting, Jun 18, 2025 MyndTec Inc., Annual General Meeting, Jun 18, 2025. Announcement • Jan 31
MyndTec Inc. announced that it expects to receive CAD 1.5 million in funding MyndTec Inc. announced a non-brokered private placement that it will issue up to 7,500,000 units of the Company at a price of CAD 0.20 per unit for the gross proceeds of up to CAD 1,500,000 on January 30, 2025. Each Unit shall be comprised of one common share in the capital of the Company and one half Common Share purchase warrant, whereby each whole Warrant will be exercisable to acquire one Common Share at an exercise price of CAD 0.24 per Warrant Share for a period of 36 months following the applicable Closing Date. The Offering may be completed in one or a number of closings on a date or dates to be determined by the Company, and is subject to, among other things, the receipt of all necessary approvals, including from the Canadian Securities Exchange. All securities issued pursuant to the Offering will be subject to a statutory hold period of 4 months from the applicable Closing Date. Announcement • Oct 02
MyndTec Inc. announced that it expects to receive CAD 0.4 million in funding MyndTec Inc. announced a non-brokered private placement offering of up to 533,333 units of the company at a price of CAD 0.75 per unit for gross proceeds of CAD 399,999.75 on October 1, 2024. Each unit shall comprise one common share in the capital of the company and one common share purchase warrant, whereby each warrant will be exercisable to acquire one common share at an exercise price of 90 cents per warrant share for a period of 36 months following the closing date Announcement • Apr 09
MyndTec Inc., Annual General Meeting, Jun 18, 2024 MyndTec Inc., Annual General Meeting, Jun 18, 2024. Announcement • Jan 23
MyndTec Inc. Receives Statement of Claim and Intends to Defend Itself MyndTec Inc. announced it has been served with a statement of claim by Norton Rose Fulbright Canada LLP (NRFC). NRFC's claim is for damages for alleged breach of contract in the amount of $715,201.61 and interest, costs and taxes and relates to fees that it claims are owed for its legal services to the Company in relation to a previous private placement and going public transaction. Over a 13 month period NRFC invoiced the company approximately $1.3 million of which it paid roughly $650,000. The Company believes it has valid defences against the claim and intends to fully defend itself. New Risk • Nov 22
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: CA$11.8m (US$8.63m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks No financial data reported. Shares are highly illiquid. Market cap is less than US$10m (CA$11.8m market cap, or US$8.63m). Minor Risk Shareholders have been diluted in the past year (8.2% increase in shares outstanding). Announcement • May 26
MyndTec Inc. announced that it has received CAD 0.37208 million in funding On May 25, 2023, MyndTec Inc. closed the transaction. The company announced that it has issued 496,106 units at a price of CAD 0.75 per Unit for aggregate gross proceeds of CAD 372,080.00. Each Unit is comprised of one common share and one Common Share purchase warrant, whereby each Warrant is exercisable to acquire one Common Share at an exercise price of CAD 0.90 per Warrant Share for a period of 36 months following the closing date of the Offering. The transaction included certain insiders participated in the Offering and acquired, directly or indirectly, an aggregate of 496,106 Units pursuant to the Offering. Announcement • Jan 12
MyndTec Inc. announced that it has received CAD 0.572199 million in funding On January 11, 2023, MyndTec Inc. closed the transaction. The company now issued 762,932 units at an issue price of CAD 0.75 per unit for the gross proceeds of CAD 572,199. The transaction included participation from certain insiders and acquired, directly or indirectly, an aggregate of 696,266 units. Announcement • Nov 10
MyndTec Inc. announced that it expects to receive CAD 1 million in funding MyndTec Inc. announced a non-brokered private placement of up to 1,333,333 units of the company at a price of CAD 0.75 per unit for aggregate gross proceeds of up to CAD 1,000,000 on November 9, 2022. Each unit shall be comprised of one common share and one common share purchase warrant, whereby each warrant will be exercisable to acquire one common share at an exercise price of CAD 0.90 per warrant share for a period of 36 months following the closing date. The company has an option, exercisable in whole or in part by the Company, to sell up to an additional number of Units at the Issue Price for additional aggregate gross proceeds to the Company of up to CAD 200,000. The transaction may be completed in one or a number of closings on a date or dates to be determined by the Company and is subject to, among other things, the receipt of all necessary approvals, including from the CSE, and the execution of definitive documentation. The units may be offered to investors from Canada and Unites States. The units will be subject to a hold period of four months if issued in Canada. Announcement • May 12
MyndTec Inc. Announces Board Changes MyndTec Inc. announced the appointment of William (Bill) Jackson to its Board as an independent Director and as Chairman ofthe Board's Audit Committee effective May 11, 2022. Mr. Jackson is currently the co-founder of Attwill Medical Solutions and is CEO and a Director of its parent company, Attwill Vascular Technologies. Mr.Jackson was the co-founder of Preferred Medical Products and announced that Carlo Pannella has tendered his resignation as a Director of the Company and asChairman of the Board's Audit Committee effective May 11, 2022. Board Change • Apr 27
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. was the last director to join the board, commencing their role in . The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Apr 24
MyndTec Inc., Annual General Meeting, Jun 23, 2022 MyndTec Inc., Annual General Meeting, Jun 23, 2022. Board Change • Apr 05
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. was the last director to join the board, commencing their role in . The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Mar 08
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 6 non-independent directors. was the last director to join the board, commencing their role in . The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.