PSYENCE BIOMEDICAL LTD. (PBM) AI Dilution Summary

Cash was $7,444,763 at the 2026-03-31 balance-sheet date, against estimated monthly burn of $1,018,977. The equity line with White Lion Capital, LLC is the funding channel in use: $21,238,391 has been drawn and 1,086,997 shares issued under it. An ATM program with H.C. Wainwright & Co., LLC is also active, authorised to $2,591,260, with $0 sold to date.