Psyence Biomedical Settles Shareholder Litigation with KAOS Capital for $1.5 Million

Reuters

02/11

Psyence Biomedical Settles Shareholder Litigation with KAOS Capital for $1.5 Million

Psyence Biomedical Ltd. has settled a shareholder litigation claim brought by KAOS Capital Ltd. The dispute centered on allegations by KAOS of improper and oppressive actions by the company, which Psyence Biomedical and its leadership denied. As part of the settlement, Psyence Biomedical will pay KAOS a total of $1.5 million and will release KAOS from a prior court-ordered payment of CAD $75,000 in costs. KAOS has agreed to sell all its shares in the company to a third party at $5 per share and to fully retract its allegations. The settlement includes mutual releases of all claims and does not constitute an admission of wrongdoing by any party. The company expects to fund the settlement with cash on hand.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Psyence Biomedical Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9652877-en) on February 11, 2026, and is solely responsible for the information contained therein.

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The dispute centered on allegations by KAOS of improper and oppressive actions by the company, which Psyence Biomedical and its leadership denied. As part of the settlement, Psyence Biomedical will pay KAOS a total of $1.5 million and will release KAOS from a prior court-ordered payment of CAD $75,000 in costs. KAOS has agreed to sell all its shares in the company to a third party at $5 per share and to fully retract its allegations. The settlement includes mutual releases of all claims and does not constitute an admission of wrongdoing by any party. The company expects to fund the settlement with cash on hand.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n<i>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Psyence Biomedical Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9652877-en) on February 11, 2026, and is solely responsible for the information contained therein.</span></i>\n</p>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SG9999014039.USD","symbol_name":"UNITED GLOBAL DURABLE EQUITIES (USDHDG) INC","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260211:nNDLc37fR6:1","article_id":"2610955321","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2610955321","pubTimestamp":1770819310,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Psyence Biomedical Ltd. has settled a shareholder litigation claim brought by KAOS Capital Ltd. 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The dispute centered on allegations by KAOS of improper and oppressive actions by the company, which Psyence Biomedical and its leadership denied. As part of the settlement, Psyence Biomedical will pay KAOS a total of $1.5 million and will release KAOS from a prior court-ordered payment of CAD $75,000 in costs. KAOS has agreed to sell all its shares in the company to a third party at $5 per share and to fully retract its allegations. The settlement includes mutual releases of all claims and does not constitute an admission of wrongdoing by any party. The company expects to fund the settlement with cash on hand.\n      \n\n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 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