EFDID: 71256EFD: Raw Data

Issuer: Cynapsus Therapeutics Inc. (0001532079) - D

Accession: 0001532079-13-000001 () (EDGAREDGAR Files) (Form DForm D)

Edgar Posted: Mar. 15, 2013
EFD Posted: Aug. 7, 2014
- < edgarSubmission >
  < schemaVersion > X0706 </ schemaVersion >
  < submissionType > D </ submissionType >
  < testOrLive > LIVE </ testOrLive >
- < primaryIssuer >
  < cik > 0001532079 </ cik >
  < entityName > Cynapsus Therapeutics Inc. </ entityName >
- < issuerAddress >
  < street1 > 828 RICHMOND STREET WEST </ street1 >
  < city > TORONTO </ city >
  < stateOrCountry > A6 </ stateOrCountry >
  < stateOrCountryDescription > ONTARIO, CANADA </ stateOrCountryDescription >
  < zipCode > M6J 1C9 </ zipCode >
  </ issuerAddress >
  < issuerPhoneNumber > 416-703-2449 </ issuerPhoneNumber >
  < jurisdictionOfInc > ONTARIO, CANADA </ jurisdictionOfInc >
- < issuerPreviousNameList >
  < previousName > Cannasat Therapeutics Inc. </ previousName >
  </ issuerPreviousNameList >
- < edgarPreviousNameList >
  < value > None </ value >
  </ edgarPreviousNameList >
  < entityType > Corporation </ entityType >
- < yearOfInc >
  < overFiveYears > true </ overFiveYears >
  </ yearOfInc >
  </ primaryIssuer >
- < relatedPersonsList >
- < relatedPersonInfo >
- < relatedPersonName >
  < firstName > Anthony </ firstName >
  < lastName > Giovinazzo </ lastName >
  </ relatedPersonName >
- < relatedPersonAddress >
  < street1 > 828 RICHMOND STREET WEST </ street1 >
  < city > Toronto </ city >
  < stateOrCountry > A6 </ stateOrCountry >
  < stateOrCountryDescription > ONTARIO, CANADA </ stateOrCountryDescription >
  < zipCode > M6J 1C9 </ zipCode >
  </ relatedPersonAddress >
- < relatedPersonRelationshipList >
  < relationship > Executive Officer </ relationship >
  < relationship > Director </ relationship >
  </ relatedPersonRelationshipList >
  < relationshipClarification />
  </ relatedPersonInfo >
- < relatedPersonInfo >
- < relatedPersonName >
  < firstName > Andrew </ firstName >
  < lastName > Williams </ lastName >
  </ relatedPersonName >
- < relatedPersonAddress >
  < street1 > 828 RICHMOND STREET WEST </ street1 >
  < city > Toronto </ city >
  < stateOrCountry > A6 </ stateOrCountry >
  < stateOrCountryDescription > ONTARIO, CANADA </ stateOrCountryDescription >
  < zipCode > M6J 1C9 </ zipCode >
  </ relatedPersonAddress >
- < relatedPersonRelationshipList >
  < relationship > Executive Officer </ relationship >
  </ relatedPersonRelationshipList >
  < relationshipClarification />
  </ relatedPersonInfo >
- < relatedPersonInfo >
- < relatedPersonName >
  < firstName > Nathan </ firstName >
  < lastName > Bryson </ lastName >
  </ relatedPersonName >
- < relatedPersonAddress >
  < street1 > 828 RICHMOND STREET WEST </ street1 >
  < city > Toronto </ city >
  < stateOrCountry > A6 </ stateOrCountry >
  < stateOrCountryDescription > ONTARIO, CANADA </ stateOrCountryDescription >
  < zipCode > M6J 1C9 </ zipCode >
  </ relatedPersonAddress >
- < relatedPersonRelationshipList >
  < relationship > Executive Officer </ relationship >
  </ relatedPersonRelationshipList >
  < relationshipClarification />
  </ relatedPersonInfo >
- < relatedPersonInfo >
- < relatedPersonName >
  < firstName > Perry </ firstName >
  < lastName > Molinoff </ lastName >
  </ relatedPersonName >
- < relatedPersonAddress >
  < street1 > 828 RICHMOND STREET WEST </ street1 >
  < city > Toronto </ city >
  < stateOrCountry > A6 </ stateOrCountry >
  < stateOrCountryDescription > ONTARIO, CANADA </ stateOrCountryDescription >
  < zipCode > M6J 1C9 </ zipCode >
  </ relatedPersonAddress >
- < relatedPersonRelationshipList >
  < relationship > Director </ relationship >
  </ relatedPersonRelationshipList >
  < relationshipClarification />
  </ relatedPersonInfo >
- < relatedPersonInfo >
- < relatedPersonName >
  < firstName > Julia </ firstName >
  < lastName > Levy </ lastName >
  </ relatedPersonName >
- < relatedPersonAddress >
  < street1 > 828 RICHMOND STREET WEST </ street1 >
  < city > Toronto </ city >
  < stateOrCountry > A6 </ stateOrCountry >
  < stateOrCountryDescription > ONTARIO, CANADA </ stateOrCountryDescription >
  < zipCode > M6J 1C9 </ zipCode >
  </ relatedPersonAddress >
- < relatedPersonRelationshipList >
  < relationship > Director </ relationship >
  </ relatedPersonRelationshipList >
  < relationshipClarification />
  </ relatedPersonInfo >
- < relatedPersonInfo >
- < relatedPersonName >
  < firstName > Ronald </ firstName >
  < lastName > Hosking </ lastName >
  </ relatedPersonName >
- < relatedPersonAddress >
  < street1 > 828 RICHMOND STREET WEST </ street1 >
  < city > Toronto </ city >
  < stateOrCountry > A6 </ stateOrCountry >
  < stateOrCountryDescription > ONTARIO, CANADA </ stateOrCountryDescription >
  < zipCode > M6J 1C9 </ zipCode >
  </ relatedPersonAddress >
- < relatedPersonRelationshipList >
  < relationship > Director </ relationship >
  </ relatedPersonRelationshipList >
  < relationshipClarification />
  </ relatedPersonInfo >
- < relatedPersonInfo >
- < relatedPersonName >
  < firstName > Alan </ firstName >
  < middleName > D. C. </ middleName >
  < lastName > Ryley </ lastName >
  </ relatedPersonName >
- < relatedPersonAddress >
  < street1 > 828 RICHMOND STREET WEST </ street1 >
  < city > Toronto </ city >
  < stateOrCountry > A6 </ stateOrCountry >
  < stateOrCountryDescription > ONTARIO, CANADA </ stateOrCountryDescription >
  < zipCode > M6J 1C9 </ zipCode >
  </ relatedPersonAddress >
- < relatedPersonRelationshipList >
  < relationship > Director </ relationship >
  </ relatedPersonRelationshipList >
  < relationshipClarification />
  </ relatedPersonInfo >
- < relatedPersonInfo >
- < relatedPersonName >
  < firstName > Rochelle </ firstName >
  < lastName > Stenzler </ lastName >
  </ relatedPersonName >
- < relatedPersonAddress >
  < street1 > 828 RICHMOND STREET WEST </ street1 >
  < city > Toronto </ city >
  < stateOrCountry > A6 </ stateOrCountry >
  < stateOrCountryDescription > ONTARIO, CANADA </ stateOrCountryDescription >
  < zipCode > M6J 1C9 </ zipCode >
  </ relatedPersonAddress >
- < relatedPersonRelationshipList >
  < relationship > Director </ relationship >
  </ relatedPersonRelationshipList >
  < relationshipClarification />
  </ relatedPersonInfo >
- < relatedPersonInfo >
- < relatedPersonName >
  < firstName > Alan </ firstName >
  < lastName > Torrie </ lastName >
  </ relatedPersonName >
- < relatedPersonAddress >
  < street1 > 828 RICHMOND STREET WEST </ street1 >
  < city > Toronto </ city >
  < stateOrCountry > A6 </ stateOrCountry >
  < stateOrCountryDescription > ONTARIO, CANADA </ stateOrCountryDescription >
  < zipCode > M6J 1C9 </ zipCode >
  </ relatedPersonAddress >
- < relatedPersonRelationshipList >
  < relationship > Director </ relationship >
  </ relatedPersonRelationshipList >
  < relationshipClarification />
  </ relatedPersonInfo >
  </ relatedPersonsList >
- < offeringData >
- < industryGroup >
  < industryGroupType > Pharmaceuticals </ industryGroupType >
  </ industryGroup >
- < issuerSize >
  < revenueRange > No Revenues </ revenueRange >
  </ issuerSize >
- < federalExemptionsExclusions >
  < item > 06 </ item >
  </ federalExemptionsExclusions >
- < typeOfFiling >
- < newOrAmendment >
  < isAmendment > false </ isAmendment >
  </ newOrAmendment >
- < dateOfFirstSale >
  < value > 2013-03-01 </ value >
  </ dateOfFirstSale >
  </ typeOfFiling >
- < durationOfOffering >
  < moreThanOneYear > true </ moreThanOneYear >
  </ durationOfOffering >
- < typesOfSecuritiesOffered >
  < isEquityType > true </ isEquityType >
  < isOptionToAcquireType > true </ isOptionToAcquireType >
  < isSecurityToBeAcquiredType > true </ isSecurityToBeAcquiredType >
  < isOtherType > true </ isOtherType >
  < descriptionOfOtherType > Each unit it comprised of one common share and one common share purchase warrant. Each warrant is exercisable for one common share at an exercise price of Cdn$0.575 per share for a period of 60 months. </ descriptionOfOtherType >
  </ typesOfSecuritiesOffered >
- < businessCombinationTransaction >
  < isBusinessCombinationTransaction > false </ isBusinessCombinationTransaction >
  < clarificationOfResponse />
  </ businessCombinationTransaction >
  < minimumInvestmentAccepted > 0 </ minimumInvestmentAccepted >
- < salesCompensationList >
- < recipient >
  < recipientName > Moody Capital Solutions, Inc. </ recipientName >
  < recipientCRDNumber > 15989 </ recipientCRDNumber >
  < associatedBDName > M Partners Inc. </ associatedBDName >
  < associatedBDCRDNumber > None </ associatedBDCRDNumber >
- < recipientAddress >
  < street1 > 208 Summitrail Lane </ street1 >
  < city > Dawsonville </ city >
  < stateOrCountry > GA </ stateOrCountry >
  < stateOrCountryDescription > GEORGIA </ stateOrCountryDescription >
  < zipCode > 30534 </ zipCode >
  </ recipientAddress >
- < statesOfSolicitationList >
  < state > CA </ state >
  < description > CALIFORNIA </ description >
  </ statesOfSolicitationList >
  < foreignSolicitation > false </ foreignSolicitation >
  </ recipient >
- < recipient >
  < recipientName > Brookline Group, LLC </ recipientName >
  < recipientCRDNumber > 153587 </ recipientCRDNumber >
  < associatedBDName > M Partners Inc. </ associatedBDName >
  < associatedBDCRDNumber > None </ associatedBDCRDNumber >
- < recipientAddress >
  < street1 > 2501 20th Place South, Suite 275 </ street1 >
  < city > Birmingham </ city >
  < stateOrCountry > AL </ stateOrCountry >
  < stateOrCountryDescription > ALABAMA </ stateOrCountryDescription >
  < zipCode > 35223 </ zipCode >
  </ recipientAddress >
- < statesOfSolicitationList >
  < state > AL </ state >
  < description > ALABAMA </ description >
  </ statesOfSolicitationList >
  < foreignSolicitation > false </ foreignSolicitation >
  </ recipient >
  </ salesCompensationList >
- < offeringSalesAmounts >
  < totalOfferingAmount > 11225543 </ totalOfferingAmount >
  < totalAmountSold > 3923190 </ totalAmountSold >
  < totalRemaining > 7302353 </ totalRemaining >
  < clarificationOfResponse > The additional $7,302,353 may be received upon exercise of share purchase warrants sold both inside and outside the U.S. U.S. dollar amounts are based on the Bank of Canada noon rate of exchange reported on March 1, 2013, which was Cdn$1.0285=US$1.00. </ clarificationOfResponse >
  </ offeringSalesAmounts >
- < investors >
  < hasNonAccreditedInvestors > false </ hasNonAccreditedInvestors >
  < totalNumberAlreadyInvested > 5 </ totalNumberAlreadyInvested >
  </ investors >
- < salesCommissionsFindersFees >
- < salesCommissions >
  < dollarAmount > 85562 </ dollarAmount >
  < isEstimate > true </ isEstimate >
  </ salesCommissions >
- < findersFees >
  < dollarAmount > 0 </ dollarAmount >
  </ findersFees >
  < clarificationOfResponse > The underwriters also received broker warrants exercisable for approximately 1,926,087 shares of common stock of the issuer at a price of Cdn$0.575 per share for a period of 60 months with respect to the U.S. portion of the offering. </ clarificationOfResponse >
  </ salesCommissionsFindersFees >
- < useOfProceeds >
- < grossProceedsUsed >
  < dollarAmount > 0 </ dollarAmount >
  </ grossProceedsUsed >
  < clarificationOfResponse > In the ordinary course of business, the issuer may use some of the proceeds to pay salaries to certain of its executive officers and directors. </ clarificationOfResponse >
  </ useOfProceeds >
- < signatureBlock >
  < authorizedRepresentative > false </ authorizedRepresentative >
- < signature >
  < issuerName > Cynapsus Therapeutics Inc. </ issuerName >
  < signatureName > /s/ Andrew Williams </ signatureName >
  < nameOfSigner > Andrew Williams </ nameOfSigner >
  < signatureTitle > Chief Financial Officer and Chief Operations Officer </ signatureTitle >
  < signatureDate > 2013-03-14 </ signatureDate >
  </ signature >
  </ signatureBlock >
  </ offeringData >
  </ edgarSubmission >
Edgar Posted: Mar. 15, 2013
EFD Posted: Aug. 7, 2014