Company: BDRX
Filing Date: 2025-01-08
Form Type: 424B3
Source: 0001214659-25-000305
Chunk: 106

Company: Biodexa Pharmaceuticals Plc
Filing Date: 2025-01-08
Form: 424B3
Chunk 106
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 of such Person; or (iii) one or more Subsidiaries
of such Person.

(l) “”
shall mean any day during which the Principal Market shall be open for business.

(m) “” means, each of, any Other Notes and any and all documents, agreements, instruments or other items executed or delivered
in connection with any of the foregoing.

<div align='center'>** Signature Page Follows **</div>

IN WITNESS WHEREOF,
the Company has caused this Promissory Note to be duly executed by a duly authorized officer as of the Issuance Date.

| COMPANY:                |                                                     |
| Biodexa Pharmaceuticals 
 Plc                     |                                                     |
| By:                     | /s/ Stephen Stamp                                   |
| Name:                   | Stephen Stamp                                       |
| Title:                  | Chief Executive Officer and Chief Financial Officer |

| HOLDER:                  
 C/M Capital Master Fund, 
 LP                       |                      |
| By:                      | /s/ Jonathan Juchno  |
| Name:                    | Jonathan Juchno      |
| Title:                   | Authorized Signatory |

<div align='center'>EXHIBIT I
REPAYMENT SCHEDULE</div>

Principal Amount: $600,000

Issuance Date: December 23, 2024

| Days          
 Following     
 Issuance Date |     | Installment Date          |     |   | Principal 
    Amount |     |   | Accrued and Unpaid 
        Interest(1) |     |   | Installment 
      Amount |
|:--------------|:----|:--------------------------|:----|:--|----------:|:----|:--|-------------------:|:----|:--|------------:|
| 99            |     | April 1, 2025             |     | $ |    60,000 |     | $ |           8,136.99 |     | $ |   68,136.99 |
| 30            |     | May 1, 2025               |     | $ |    60,000 |     | $ |           2,219.18 |     | $ |   62,219.18 |
| 32            |     | June 2, 2025              |     | $ |    60,000 |     | $ |           2,104.11 |     | $ |   62,104.11 |
| 29