Company: EDSA
Filing Date: 2025-03-04
Form Type: S-3
Source: 0001171843-25-001239
Chunk: 13

Company: Edesa Biotech, Inc.
Filing Date: 2025-03-04
Form: S-3
Chunk 13
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 Preferred Shares, (ii) alter or change the special
rights and restrictions of the Preferred Shares and (iii) increase or decrease the authorized number of Preferred Shares, in each case,
without the written consent of the Lead Investors.

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<div align='center'>PLAN OF DISTRIBUTION</div>

The Selling Shareholders, which as used herein includes
donees, pledgees, transferees or other successors-in-interest selling Shares previously issued and the Conversion Shares issuable upon
conversion of the Preferred Shares or interests in the Shares or the Conversion Shares received after the date of this prospectus from
a Selling Shareholder as a gift, pledge, partnership distribution or other transfer, may, from time to time, sell, transfer or otherwise
dispose of any or all of their Shares or Conversion Shares or interests in the Shares or the Conversion Shares on any stock exchange,
market or trading facility on which the shares are traded or in private transactions. The Selling Shareholders may sell their Shares or
Conversion Shares pursuant to this prospectus at fixed prices, at prevailing market prices at the time of sale, at prices related to the
prevailing market price, at varying prices determined at the time of sale, or at negotiated prices.

The Selling Shareholders may use any one or more of
the following methods when disposing of the Shares, Conversion Shares, or interests therein:

| · | ordinary brokerage transactions and transactions in which the broker-dealer solicits purchasers;                                                                                 |
| · | block trades in which the broker-dealer will attempt to sell the shares as agent, but may position and resell a portion of the block as principal to facilitate the transaction; |
| · | purchases by a broker-dealer as principal and resale by the broker-dealer for its account;                                                                                       |
| · | an exchange distribution in accordance with the rules of the applicable exchange;                                                                                                |
| · | privately negotiated transactions;                                                                                                                                               |
| · | short sales;                                                                                                                                                                     |
| · | through the writing or settlement of options or other hedging transactions, whether through an options exchange or otherwise;                                                    |
| · | broker-dealers may agree with the Selling Shareholders to sell a specified number of such shares at a stipulated price per share;                                                |
| · | a combination of any such methods of sale; and                                                                                                                                   |
| · | any other method permitted pursuant to applicable law.                                                                                                                           |

The Selling Shareholders may, from time to time, pledge
or grant a security interest in some or all of the Shares or