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SKYE DEADLINE: ROSEN, A LEADING LAW FIRM, Encourages Skye Bioscience, Inc. Investors to Secure Counsel Before Important January 16 Deadline in Securities Class Action – SKYE

Key Takeaway: Rosen Law Firm has issued a reminder to investors of Skye Bioscience, Inc. regarding a class action lawsuit with a January 16, 2026, deadline. The lawsuit addresses allegations of misleading statements made by the defendants concerning Skye's performance and the efficacy of its product nimacimab. Investors who purchased securities during the specified class period might be eligible for compensation without upfront costs. Potential class members are encouraged to secure experienced legal counsel to represent them.
Price reaction · baseline $1.02 (2026-01-14 close) · hit after-hours · 1 other SKYE headline(s) in the window, move may be shared
day 0 close · peak
-5.6%
day 1
-2%
day 3
-3.9%

Market Sentiment Analysis

CONCERNS & RISKS

  • Materially false and misleading statements made by defendants regarding Skye's business and nimacimab's effectiveness.
  • Claims that nimacimab's clinical, regulatory, and commercial prospects were overstated, potentially leading to investor losses.
  • Investors may have suffered damages when the true details about the company's performance were revealed.

BiopharmaWatch Analysis

From our catalyst data and publicly available data · not financial advice
Best trade, last catalyst
+84%
120-day peak, hindsight
Typical move
24.3%
average across 4 past catalysts
Cash runway
~4 mo
High dilution risk
Lead asset
Nimacimab
Phase 2 · Obesity

Full Press Release Details

NEW YORK, Jan. 15, 2026 (GLOBE NEWSWIRE) --
WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Skye Bioscience, Inc. (NASDAQ: SKYE) between November 4, 2024 and October 3, 2025, both dates inclusive (the “Class Period”), of the important January 16, 2026 lead plaintiff deadline.
SO WHAT: If you purchased Skye securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the Skye class action, go to https://rosenlegal.com/submit-form/?case_id=48064 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than January 16, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved, at that time, the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, throughout the Class Period, defendants made materially false and misleading statements regarding Skye’s business, operations, and prospects. Specifically, defendants made false and/or misleading statements and/or failed to disclose that: (1) nimacimab was less effective than defendants had led investors to believe; (2) accordingly, nimacimab’s clinical, regulatory, and commercial prospects were overstated; and (3) as a result, defendants’ public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Skye Bioscience class action, go to https://rosenlegal.com/submit-form/?case_id=48064 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@rosenlegal.com for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Attorney Advertising. Prior results do not guarantee a similar outcome.
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Contact Information:
Laurence Rosen, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor

Frequently Asked Questions

What is the lead plaintiff deadline for Skye Bioscience?

The lead plaintiff deadline is January 16, 2026.

How can I join the Skye class action?

Visit https://rosenlegal.com/submit-form/?case_id=48064 or call 866-767-3653.

Do I need to pay out of pocket for the class action?

No, you may be entitled to compensation without upfront fees.

What is the main claim in the Skye lawsuit?

The lawsuit alleges false statements about nimacimab's effectiveness and prospects.

Is a class certified for the Skye lawsuit?

No, the class has not been certified yet.

Last updated: Jan 15, 2026