Company: BLRX
Filing Date: 2025-01-07
Form Type: 424B5
Source: 0001178913-25-000045
Chunk: 23

Company: BioLineRx Ltd.
Filing Date: 2025-01-07
Form: 424B5
Chunk 23
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 an aggregate of 2,060,746 ADSs, representing 30,911,198 ordinary shares, at a combined purchase price of $0.5464 per ADS and associated warrant, and (ii) pre-funded warrants to purchase up to an aggregate of 12,349,956 ADSs, representing 185,249,340 ordinary shares, and warrants to purchase up to an aggregate of 6,174,978 ADSs, representing 92,624,670 ordinary shares in the November 2024 Registered Direct Offering, at a combinedpurchase price of $0.5463 per pre-funded warrant and associated warrant, and after offering expenses payable by us in connection with the November 2024 Registered Direct Offering, resulting in net proceeds of approximately $8.9 million and (B) the sale of an aggregate of 5,676,396 ADSs representing 85,145,940 ordinary shares at an average price of $0.29 per ADS, for aggregate gross proceeds of approximately $1.6 million, after deducting sales agent fees and estimated aggregate offering expenses payable by us, our pro forma net tangible book value as of September 30, 2024 would have been approximately $5.8 million, or $0.06 per ADS.

After giving further effect to the sale of 34,332,122 ADSs and accompanying warrants and/or pre-funded warrants and accompanying warrants in this offering at a combined offering price of $0.20 per ADS and accompanying warrant and $0.1999 per pre-funded warrant and accompanying warrant, and after deducting estimated offering expenses payable by us, our pro forma as-adjusted net tangible book value as of September 30, 2024 would have been approximately $14.6 million, or $0.11 per ADS. This represents an immediate increase in net tangible book value of $0.05 per ADS to our existing holders of ADSs and an immediate dilution in net tangible book value of approximately $0.09 per ADS to purchasers of the ADSs and accompanying warrants in this offering, as illustrated by the following table:

| Offering price per ADS and accompanying warrant                                                                                  
 Net tangible book value per ADS as of September 30, 2024                                                                         |     |     | (0.06 | ) |     |   |  0.2 |
|:---------------------------------------------------------------------------------------------------------------------------------|:----|:----|------:|:--|:----|:--|-----:|
| Increase in net tangible book value per ADS attributable