Company: BDRX
Filing Date: 2025-05-12
Form Type: 424B3
Source: 0001214659-25-007341
Chunk: 95

Company: Biodexa Pharmaceuticals Plc
Filing Date: 2025-05-12
Form: 424B3
Chunk 95
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U.S. Holder that may be subject to special tax rules, including, without limitation, a dealer in securities or currencies, a trader in
securities that elects to use a mark-to-market method of accounting for securities holdings, banks, thrifts, or other financial
institutions, an insurance company, a tax-exempt organization, a person that holds the Depositary Shares or the warrants as
part of a hedge, straddle or conversion transaction for tax purposes, a person whose functional currency for tax purposes is not the United
States dollar, certain former citizens or residents of the United States or a person that owns directly, indirectly or constructively
shares representing 10% or more of our shares by vote or value. Moreover, this description does not address the United States federal
estate, gift, or alternative minimum tax consequences, or any state, local or non-U.S. tax consequences, of the acquisition,
ownership and disposition of the Depositary Shares or warrants. In addition, the discussion does not address tax consequences to an entity
or arrangement treated as a partnership or other pass-through entity for U.S. federal income tax purposes that holds Depositary Shares
or warrants, or a partner in or owner of such partnership or other pass-through entity. The United States federal income tax treatment
of each partner of such partnership or owner of such pass-through entity generally will depend upon the status of the partner or
owner and the activities of the partnership or other pass-through entity. Prospective purchasers that are partners in a partnership or
owners of a pass-through entity holding Depositary Shares or warrants are urged to consult their own tax advisers.

The discussion below of theUnited States federal income tax consequences to “U.S. Holders” will apply to an investor that is a beneficial owner ofDepositary Shares or warrants and that is, forUnited States federal income tax purposes:

| · | an individual who is a citizen or resident of the United States; |

| · | a corporation (or other entity taxable as a corporation for United States federal income tax purposes)                                     
 that is created or organized in the United States or under the laws of the United States or any state thereof or the District of Columbia; |

| · | an estate the income of which is subject to United States federal income taxation regardless of its source; 
 or                                                                                                          |

| · | any trust if (a) a court within the United States is able to exercise primary supervision over the administration                          
 of the trust and one or more United States persons have the authority