Company: MDCXW
Filing Date: 2025-11-19
Form Type: S-1
Source: 0001062993-25-016962
Chunk: 244

Company: Medicus Pharma Ltd.
Filing Date: 2025-11-19
Form: S-1
Chunk 244
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  1,719,338 |   |
| Cash and cash equivalents, end of the period                                |   |                       8,662,091 |   |   |  5,306,159 |   |
| Supplemental disclosure of non-cash investing and financing activities      |   |                                 |   |   |            |   |
| Right-of-use assets obtained in exchange for lease liabilities              |   |                               - |   |   |    356,805 |   |
| Deemed dividend on warrant inducement                                       |   |                       4,954,518 |   |   |          - |   |
| Shares issued for acquisition of Antev                                      |   |                       2,129,410 |   |   |          - |   |
| Shares to be issued for acquisition of Antev                                |   |                         313,934 |   |   |          - |   |
| Issuance costs included in accounts payable                                 |   |                          95,360 |   |   |          - |   |
| Issuance of shares related to SEPA                                          |   |                         300,000 |   |   |          - |   |

The accompanying notes are an integral part of the unaudited condensed consolidated financial statements.

<div align='center'>F-30

MEDICUS PHARMA LTD.NOTES TO THE CONDENSED CONSOLIDATED FINANCIAL STATEMENTS(UNAUDITED)</div>

1. Description of business

Medicus Pharma Ltd. (the "Company"), formerly Interactive Capital Partners Corporation, is a clinical stage, multi-strategy, life sciences, biotech company focused on investing in and accelerating clinical development programs of novel and potentially disruptive therapeutic assets.

The Company is a public limited Company originally incorporated pursuant to the provisions of the Business Corporations Act (Ontario) on April 30, 2008, as a private company named Interactive Capital Partners Corporation, with nominal assets and liabilities. The Company's registered office is located at 100 King Street West, Suite 3400, One First Canadian Place, Toronto, Ontario, Canada, and its head office is located at 300 Conshohocken State Rd., Suite 200, W. Conshohocken, PA.

2. Summary of significant accounting policies

Basis of presentation and consolidation

The accompanying unaudited condensed consolidated financial statements included herein have been prepared in conformity with generally accepted accounting principles in the United States ("GAAP") and under