Sphera Funds Management Ltd. Increases Stake in ProMIS Neurosciences Inc.

Sphera Funds Management Ltd., along with Sphera Global Healthcare GP Ltd. and Sphera Global Healthcare Management LP, has filed an amendment to its Schedule 13G, disclosing an increased ownership in ProMIS Neurosciences Inc. The filing indicates that Sphera Funds Management Ltd. now holds 3,122,090 common shares, representing a 5.51% ownership stake in the company. This marks an increase of 1,222,793 shares from the previous filing. The shares are held through various funds managed by Sphera Global Healthcare Management LP, which is controlled by Sphera Global Healthcare GP Ltd. The filing also includes 2,826,903 warrants, each exercisable into one common share. The reporting persons disclaim beneficial ownership of the securities and the existence of a group for purposes of Section 13(d) of the Securities Exchange Act of 1934.