FSD Pharma Inc. announced a non-brokered private placement of up to 24 Class A Shares at a price of CAD 1.90 per Class A Share for the gross proceeds of up to CAD 45.6, and expects that the entirety of the offering will be subscribed for by certain of the existing holders of Class A Shares on November 27, 2023. All Class A Shares issued pursuant to the offering will be subject to hold periods of four months and a day from the date of closing.