Field Trip Health Ltd. Completes Reverse Take-Over Transaction and Prepares for Listing on the Canadian Securities Exchange

Field Trip Health Ltd. is pleased to announce that it has completed its previously announced reverse take-over of Field Trip Psychedelics Inc. ("FTP") by way of a three-cornered amalgamation (the "Transaction"). The Company will carry on the business of FTP, which is a global leader in the development and delivery of technology-enabled psychedelic therapies. Prior to the closing of the Transaction (the "Closing"), the Company changed its name to "Field Trip Health Ltd." and consolidated the outstanding common shares of the Company (each, a "Share"), on the basis of one post-consolidation Share for every eight pre-consolidation Shares.