Cybin Initiates At-The-Market Equity Program of up to US$100 Million

Executive Summary

• Cybin Inc. announced the launch of an at‑the‑market equity program allowing issuance and sale of up to US $100,000,000 of common shares from treasury.
• The ATM program is being administered by Cantor Fitzgerald & Co. and Cantor Fitzgerald Canada Corporation under a Distribution Agreement dated December 30 2025.
• Net proceeds are intended for growth opportunities and working capital, with the program remaining effective until either all authorized shares are sold or October 17 2027, whichever occurs first.

Key Details

• Program Size: Up to US $100 million of common shares may be issued and sold at prevailing market prices.
• Agents: Cantor Fitzgerald & Co. (U.S.) and Cantor Fitzgerald Canada Corporation.
• Regulatory Basis: Offerings qualify as “at‑the‑market” offerings under Rule 415 of the U.S. Securities Act and National Instrument 44‑102 in Canada.
• Distribution Agreement: Executed on December 30 2025; copies available on SEDAR+ and EDGAR.
• Term: Effective until the earlier of full issuance/sale or October 17 2027. No obligation to sell any shares; timing and volume are at Cybin’s discretion.
• Use of Proceeds: Planned for corporate growth initiatives and working‑capital needs.
• Prospectus Framework: Program is qualified by a prospectus supplement (dated December 30 2025) to the short‑form base shelf prospectus filed September 17 2025 (amended Dec 19 2025), permitting up to C$1.7 billion of securities over a 25‑month period ending Oct 17 2027.
• Closing Conditions: Subject to customary conditions, including listing approvals on Cboe Canada and any U.S. exchange where the shares are listed.

Notable Quotes

(No executive quotes were included in the release.)