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At its Annual General and Special Meeting of Shareholders, which was held on November 12, 2024, Psyence Biomed’s shareholders approved a consolidation of the Company’s common shares at a ratio of up to 1 common share for every 75 common shares held, with the final ratio to be determined by the Company’s board of directors . Also, as previously announced, the Board approved a 1-for-75 consolidation of its outstanding common shares.The Company's common shares will begin trading on a post-consolidated basis at the opening of the market on Tuesday, November 26, 2024. Following the consolidation, the Company's common shares will continue to trade under the symbol 'PBM' with the new CUSIP number 74449F209. 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NEW YORK, Nov. 12, 2024  -- Psyence Biomedical Ltd.   today announced the voting results for each of the matters presented at the Company's annual and special meeting of shareholders held on November 12, 2024 .Shareholders were represented in person or by proxy at the meeting holding 21,877,200 common shares, representing approximately 43.5% of Psyence Biomed's 50,334,170 issued and outstanding common shares as of October 10, 2024, the record date for the Meeting. At the Meeting, a total of five resolutions  were submitted to and approved by the Company's shareholders. Each of the Proposals are described in detail in the Company's Management Information Circular filed as Exhibit 99.1 to the Current Report on Form 6-K filed by the Company with the U.S. Securities and Exchange Commission on October 23, 2024. 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The Cigna Group, a leader in pharmacy benefit management and health insurance services, reported a total revenue of $63.694 billion for the third quarter of 2024, a significant increase from $49.048 billion in the same period last year. However, net income for shareholders decreased to $739 million from $1.408 billion, indicating challenges that may impact profitability. This SWOT analysis delves into the strengths, weaknesses, opportunities, and threats as revealed by the latest financial data and market trends.Operational Costs and Expenses: The company's operational costs have risen, with pharmacy and other service costs increasing by 41% to $47.565 billion. 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