Cybin Launches US$100 Million At-the-Market Equity Program

Claim 70% Off TipRanks This Holiday SeasonUnlock hedge fund-level data and powerful investing tools for smarter, sharper decisions Stay ahead of the market with the latest news and analysis and maximize your portfolio's potentialCybin ( (TSE:CYBN) ) just unveiled an announcement. On December 30, 2025, Cybin Inc. launched an at-the-market (ATM) equity program allowing it to issue and sell up to US$100 million of common shares from treasury through Cantor Fitzgerald & Co. and Cantor Fitzgerald Canada, with sales to be conducted on Cboe Canada, a U.S. exchange, or other marketplaces at prevailing market prices. The program, which runs until the earlier of completion of all issuances or October 17, 2027, is qualified under a Canadian base shelf prospectus and a U.S. Form F-10 registration, and is intended to give Cybin flexible, discretionary access to growth and working-capital funding, though the company is under no obligation to sell any shares and timing and volume of distributions will be determined solely at its discretion, subject to customary listing and regulatory conditions. The most recent analyst rating on (TSE:CYBN) stock is a Hold with a C$0.13 price target. To see the full list of analyst forecasts on Cybin stock, see the TSE:CYBN Stock Forecast page. Spark’s Take on TSE:CYBN Stock According to Spark, TipRanks’ AI Analyst, TSE:CYBN is a Neutral. The score is held down primarily by weak financial performance (no revenue, widening losses, and significant cash burn). Offsetting this somewhat are constructive earnings-call updates (financing runway into 2027 and advancing late-stage/near-term clinical milestones) and positive corporate visibility catalysts (Nasdaq move/rebrand), while technical signals and valuation metrics provide limited support. To see Spark’s full report on TSE:CYBN stock, click here. More about Cybin Cybin Inc. is a Toronto-based company that accesses U.S. capital markets as a foreign private issuer, listing its common shares on Cboe Canada and at least one U.S. stock exchange. The company utilizes a short form base shelf prospectus and cross-border registration to facilitate flexible equity and securities offerings in both Canada and the United States. Technical Sentiment Signal: Hold Current Market Cap: C$1.92M Find detailed analytics on CYBN stock on TipRanks’ Stock Analysis page.