Item 7.01 Regulation FD Disclosure.

Edesa Biotech, Inc. (the "Company") is aware that the Federal Deposit Insurance Corp. (FDIC) has taken control of Silicon Valley Bank due to liquidity concerns. The Company does not hold deposits or securities at Silicon Valley Bank.

The information in this Current Report on Form 8-K shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934 (the Exchange Act) or otherwise subject to the liabilities of that Section, or incorporated by reference in any filing under the Exchange Act or the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such a filing.






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