SCHEDULE: Sirenia Capital Management Discloses Cybin Stake

Sirenia Capital Management LP and Alex Silverstein have reported a beneficial ownership of 4.8% in Cybin Inc. common shares, including shares issuable upon warrant exercise.

Summary

• Sirenia Capital Management LP and Alex Silverstein have filed a Schedule 13G, reporting beneficial ownership of 3,029,500 common shares of Cybin Inc.
• This ownership represents 4.8% of the class of securities outstanding as of June 29, 2026.
• The reported shares include 969,500 common shares issuable upon the exercise of warrants held by Sirenia Funds.
• The filing indicates that the reporting persons do not hold these shares for the purpose of influencing control of the issuer.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this filing as neutral to slightly positive, indicating a significant but not controlling stake, with no immediate negative implications.

Positives

• Significant ownership stake of 4.8% indicates investor confidence in Cybin Inc.'s potential.
• The inclusion of shares issuable upon warrant exercise suggests a forward-looking investment strategy.

Negatives

• No explicit negative information is present in this Schedule 13G filing.

Risks

• The value of the investment is subject to the market performance of Cybin Inc.'s common shares.
• The exercise of warrants is contingent on the company's performance and share price.

Future Outlook

This filing does not contain forward-looking statements or guidance from the company itself, but rather disclosures of ownership stakes.

Management Comments

• "The filing of this statement should not be construed as an admission that any of the foregoing persons or any Reporting Person is, for the purposes of Section 13 of the Securities Exchange Act of 1934, the beneficial owner of the securities reported herein."
• "By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under 240.14a-11."

Industry Context

StockSavvy.ai notes that Schedule 13G filings are common for institutional investors accumulating significant stakes in publicly traded companies, particularly in the biotechnology and pharmaceutical sectors where Cybin Inc. operates. This filing indicates a substantial investment by Sirenia Capital Management.

Stakeholder Impact

• Shareholders: The filing may signal increased institutional interest, potentially influencing share price, but the stake is not controlling.
• Management: The reporting persons certify they are not acquiring shares to influence control, suggesting a passive investment approach.
• Creditors: No direct impact is indicated by this ownership disclosure.

Next Steps

• Monitor future filings from Sirenia Capital Management and Alex Silverstein for any changes in ownership.
• Observe Cybin Inc.'s stock performance and corporate developments.

Key Dates

Keywords

Cybin Inc., Schedule 13G, Sirenia Capital Management, Alex Silverstein, beneficial ownership, warrants, common shares