Forecast Ledgerinterventional psychiatry and psychedelic medicineQuoted, dated predictions scored against public outcomes under one written method. Every score links to the words, the rule and the evidence.

Pending · due 31 Dec 2026

Rules 1.1.0 · as of 14 Sep 2026

Quote

“At least two pandemic-era mental-health companies will publicly cease operations— I’m looking at you, fictional DeathStance Health .”
· Ten 2026 Predictions on Which to Hang Your Hat. · substack post

Item 11 of the 2026 predictions list: at least two pandemic-era mental health companies publicly shut down in 2026. 'DeathStance Health' is a fictional stand-in name.

Intake

EventA proposition written from a template on the asset, with a resolution criterion and a named public source, before the outcome is looked up. The same event resolves every person's items on it. Method ›
At least two pandemic-era mental-health companies cease operations
AreaOne of five topic classes: regulatory decisions, clinical trial outcomes, company and market outcomes, payer and policy, practice adoption. Every event has one area. Method ›
Company and market outcomes
DeadlineThe date by which the event must happen for the item to be true. It comes only from the person's words through the anchor table. Method ›
31 Dec 2026 AnchorThe fixed table that turns the person's own words ('by 2026', 'Q2', 'within two years') into a deadline. The coder never invents a date. Method › · “2026 (annual predictions list dated 1 January 2026)”
Probability
0.90 LexiconThe fixed five-bin table that turns a phrase into a probability. The strongest phrase in the claim sentence decides; coders never read tone. Method › · binOne of five lexicon steps: A 'will' 0.90, B 'probably' 0.70, C 'may' 0.50, D 'unlikely' 0.30, E 'never' 0.10. A stated number goes to the nearest bin for calibration only. Method › A · “will”
Base rateThe probability a published external study gives an event of that class and stage, fixed at intake. Halved when the item window is shorter than the class median time to decision. Never learned from the ledger's own items. Method ›
None in the table
Tags
retrospective
Coder BCohen's kappa: agreement between two coders beyond chance, from -1 to 1. Reported for admit, event, deadline, bin and asserts from the second-coder match test. Method ›
admittedA statement that passed intake: sincere, the person's own claim, forward-looking, inside the five areas, and not excluded by a reason code. Only admitted statements become items. Method › · event E-0055 · deadline 31 Dec 2026 · bin A
Registry entry

At least two pandemic-era (founded or grown during the COVID-19 pandemic) mental-health companies publicly announce that they are ceasing operations.

TRUE on the date of the second definitive public announcement after the statement date that a distinct pandemic-era mental-health company is ceasing operations: a company statement or press release, an SEC filing, a Chapter 7 or dissolution filing, or a closure notice to patients or customers. 'Pandemic-era mental-health company' = a company whose main business is mental-health care or software (telehealth psychiatry or therapy, apps, clinics, benefits platforms), founded or launched in that business between March 2020 and December 2022. A layoff, a pivot, an acquisition that keeps the service running, a Chapter 11 filing with continued operations, or a rumor does not count. FALSE at the deadline when fewer than two such shutdowns have been announced by then. Resolution source: company press releases and statements; SEC EDGAR and bankruptcy dockets as secondary sources.

Resolution source: Company press releases and public statements; SEC EDGAR filings and bankruptcy dockets as secondary sources

Readings: Threshold 2 ('at least two'). 'DeathStance Health' is fictional and not an entity.; 'pandemic-era' = founded or launched in 2020 to 2022.; 'publicly cease operations' = a definitive public shutdown or liquidation announcement; the fictional company named is not a candidate.

How to read
The event, criterion and deadline were written at intake, before the outcome1 if the registry event happened on or before the item's deadline, 0 if it did not. Written by a resolver who never sees p. Method › was looked up. Coder B coded the statement independently.

Coder C

Resolution

State
PendingAn item whose deadline has not passed. Counted, never scored. Method ›
Effective deadlineAn item enters the score only when its deadline has passed and the outcome is true or false. A claim already known true still waits for its deadline. Method ›
31 Dec 2026
Outcome1 if the registry event happened on or before the item's deadline, 0 if it did not. Written by a resolver who never sees p. Method ›
not occurred · checked through 13 Sep 2026
Resolver note
Shutdown announcements since 2026-01-01 were checked against the definition (main business mental-health care or software; founded or launched March 2020 to December 2022; definitive shutdown). None qualifies. Kintsugi (voice-biomarker depression screening) announced the end of commercial operations on 2026-02-09 but was founded in 2018. Stokes Counseling (Connecticut outpatient provider) closed on 2026-05-10 but had operated since 2011. PsychPlus affiliate P Health filed Chapter 11 on 2026-05-08 with continued operations; PsychPlus was founded in 2019. Yara AI shut its chatbot in November 2025 and launched in 2024. Other 2026 closures found (ABA autism providers, a Michigan therapy center, a Canadian harm-reduction nonprofit) are not pandemic-era mental-health companies. Fewer than two qualifying shutdowns as of 2026-09-13. Statement date not shown; the checks cover all of 2026.
BrierThe squared gap between a probability and the outcome, (p - o)^2. 0 is perfect, 0.25 is the constant coin flip, 1 is confidently wrong. Lower is better. Method ›
Not scored
How to read
State at window close; the outcome comes from the registry, the score from the rule.

Registry

Timeline

1 claim against 16 events in the field.

saiddueevent
5 Jan 2026 · Cybin / Helus Pharma: Cybin rebrands as Helus Pharma and moves its US listing to Nasdaq under ticker H12 Jan 2026 · MindMed / Definium Therapeutics: MindMed rebrands as Definium Therapeutics (Nasdaq: DFTX from Jan 15) and guides 21 Jan 2026 · Johnson & Johnson (Spravato): J&J full-year 2025 results show Spravato sales of about $1.7B, with Q4 2025 up 618 Feb 2026 · Compass Pathways: Compass prices a $150M public offering the day after COMP006 topline; with warra1 Mar 2026 · Alto Neuroscience: Alto closes a $120M private placement led by Commodore Capital at $20 per share,17 Mar 2026 · Neuronetics: Neuronetics appoints Dan Reuvers as CEO as 2025 revenue nearly doubles after the7 Apr 2026 · Neuronetics: Neuronetics' top shareholder says the company has 'chronically underperformed' a29 Apr 2026 · GH Research: GH Research prices a $117.5M underwritten offering at $18 per share to fund the 13 May 2026 · Compass Pathways: Compass Q1 2026 update: rolling NDA sections already submitted, final submission25 Jun 2026 · Definium Therapeutics: Definium closes an upsized $805M public offering at $34 per share three days aft25 Jun 2026 · Helus Pharma: Helus completes a $50M underwritten offering, lifting cash to about $207M ahead 8 Jul 2026 · Done Global: Done founder Ruthia He is sentenced to 72 months in prison and fined $90M for th15 Jul 2026 · Johnson & Johnson (Spravato): J&J Q2 2026 results show Spravato sales of $584M, up 25% quarter over quarter an16 Jul 2026 · Eli Lilly / AtaiBeckley: Lilly agrees to acquire AtaiBeckley for $6.75 per share cash plus a CVR of up to3 Aug 2026 · Helus Pharma: Helus Pharma appoints Michael Halstead as chief executive officer ahead of its p11 Sep 2026 · Eli Lilly / AtaiBeckley: Eli Lilly completes its acquisition of AtaiBeckley, taking BPL-003 and VLS-01 inELI LILLY / ATAIBECKLEY: ELI LILLY COMPLETES ITS ACQUISITION OF ATAIBECKLEY, TAKING BPL-003 AND VLS-01 INAT LEAST TWO PAND…At least two pandemic-era mental-health companies cease operations · stated 1 Jan 2026At least two pandemic-era mental-health companies cease operations · restated 1 Jan 2026 · p 90%90%TODAY2026

Company and market outcomes