ADAR1 Capital Management, LLC (Schneeberger Daniel) purchased $13K of INM (indirect holdings)
ADAR1 Capital Management, LLC purchased 9,569 indirectly-held shares of InMed Pharmaceuticals Inc. (INM) at an average of $1.33 ($1.32–$1.33) across 3 trades over 2026-10-13 to 2026-10-15. Filed jointly with Schneeberger Daniel (10% owner).
How this was made
The 30-second read
Why it matters
Limited impact due to small transaction size; likely no immediate price move.
Market read
Minor insider transaction with low trading relevance.
What to watch
The purchase is indirect and may reflect broader fund rebalancing rather than company-specific confidence.
Background
Form 4 filing discloses a minor insider purchase by a capital management firm.
Ticker impact
ADAR1 Capital Management bought 9,569 shares of InMed Pharmaceuticals at $1.33 per share, total $12.7K, increasing its stake to 955,493 shares.
modest upward pressure as market prices in insider buying
Purchase amount is under $15K and represents a tiny fraction of float; unlikely to move price materially.
Market effects
None significant for biotech sector
None
None
Counterpoint
Insider buying could be a routine portfolio adjustment, not a bullish signal.
Key entities
- CompanyInMed Pharmaceuticals Inc.
Biopharmaceutical company listed on NASDAQ under ticker INM.
- InvestorADAR1 Capital Management, LLC
Investment manager that filed the Form 4 purchase.