Company: BDRX
Filing Date: 2025-01-21
Form Type: 424B3
Source: 0001214659-25-000936
Chunk: 50

Company: Biodexa Pharmaceuticals Plc
Filing Date: 2025-01-21
Form: 424B3
Chunk 50
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 Date and as of the Commencement
Date as though made at that time.

| 8. | CONDITIONS TO THE INVESTOR’S OBLIGATION TO PURCHASE SHARES OF DEPOSITARY SHARES. |

The obligation of the Investor
to buy Purchase Shares under this Agreement is subject to the satisfaction of each of the following conditions on or prior to the Commencement
Date and, once such conditions have been initially satisfied, there shall not be any ongoing obligation to satisfy such conditions after
the Commencement has occurred:

(a) The
Company shall have executed each of the Transaction Documents and delivered the same to the Investor;

(b) The
Commitment Fee or the Initial Commitment Shares, as applicable, shall have been paid or issued, as the case may be, to the Investor.

(c) The
Depositary Shares shall be listed or quoted on the Principal Market, subject only to customary listing conditions, trading in the Depositary
Shares shall not have been within the last 365 days suspended by the SEC or the Principal Market, and all Depositary Shares representing
Securities to be issued by the Company to the Investor pursuant to this Agreement shall have been approved for listing or quotation, if
applicable, on the Principal Market in accordance with the applicable rules and regulations of the Principal Market, subject only to official
notice of issuance and any standard listing conditions for transactions of this nature;

| -26- |

(d) The
Investor shall have received the opinions of the Company’s United States and United Kingdom legal counsel, each dated as of the
Commencement Date, substantially in the form heretofore agreed by the parties hereto;

(e) The
representations and warranties of the Company shall be true and correct in all material respects (except to the extent that any of such
representations and warranties is already qualified as to materiality in above, in which case, the portion of such representations
and warranties so qualified shall be true and correct without further qualification) as of the Execution Date and as of the Commencement
Date as though made at that time (except for representations and warranties that speak as of a specific date, which shall be true and
correct as of such date) and the Company shall have performed, satisfied and complied in all material respects with the covenants, agreements
and conditions required by the Transaction Documents to be performed, satisfied or complied with by the Company at or prior to the Commencement
Date. The Investor shall have received a certificate, executed by