Quarterly report [Sections 13 or 15(d)]

WARRANTS

v3.26.1
WARRANTS
3 Months Ended
Mar. 31, 2026
WARRANTS  
WARRANTS

7.

WARRANTS

As of March 31, 2026, outstanding Common Share warrants and exercise prices related to unit offerings are as follows:

Exercise

  ​ ​ ​

Number of

  ​ ​ ​

Price $

 

Warrants

Expiry date

US$315.00

 

20,948

 

August 2026

US$240.00

 

5,868

 

August 2026

US$50.50

314,170

January 2027

US$187.50

 

13,831

 

April 2028

US$152.50

 

2,767

 

April 2028

US$43.75

 

449,084

 

February 2029

US$62.50

314,170

July 2029

US$31.25

1,129,324

July 2030

US$14.40

6,915,296

February 2031

US$0.25

74,673

None

US$0.0001

100,000

None

 

9,340,131

There were no warrant exercises in the three months ended March 31, 2026 or 2025. Refer to Note 6 for discussion on the issuance of 6,915,296 Common Share Warrants and 100,000 Pre-Funded Warrants in the January 2026 PIPE. During the three months ended March 31, 2026, 314,170 warrants expired without being exercised.