# InMed and Mentari announce all-stock merger deal to create a new entity that will trade on Nasdaq under a new ticker.

*business · news · 2026-05-19 · Seeking Alpha*

## Key points

- InMed Pharmaceuticals and Mentari Therapeutics have agreed to an all-stock merger deal.
- The merged company will trade on Nasdaq under a new ticker symbol.
- This merger caused InMed Pharmaceuticals' stock price to rise approximately 170% in premarket trading.
- Mentari Therapeutics specializes in developing drugs for migraines.

InMed and Mentari announce all-stock merger deal May 19, 2026, 8:51 AM ETInMed Pharmaceuticals Inc. (INM) StockBy : Dulan Lokuwithana, SA News Editor Comments Canadian pharmaceutical company InMed Pharmaceuticals (INM) added ~170% in the premarket on Tuesday after announcing an all-stock merger agreement with migraine drug developer Mentari Therapeutics to create a new entity that will trade on Nasdaq under a new ticker. Waltham, Massachusetts-based Newsletters for Every Investor Get daily, sector-specific newsletters packed with expert insights, fresh ideas, and new opportunities. Subscribe to Newsletters

**Companies:** InMed Pharmaceuticals, Mentari Therapeutics
**Countries:** Canada, United States

[Read the full story on Seeking Alpha](https://seekingalpha.com/news/4594830-inmed-and-mentari-announce-all-stock-merger-deal)

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