Company: BDRX
Filing Date: 2025-01-28
Form Type: 424B3
Source: 0001214659-25-001409
Chunk: 331

Company: Biodexa Pharmaceuticals Plc
Filing Date: 2025-01-28
Form: 424B3
Chunk 331
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 purchase under the Purchase Agreement, because 
 the issuance of such shares is solely at our discretion and is subject to conditions contained in the Purchase Agreement, the satisfaction   
 of which are entirely outside of the Selling Shareholder’s control, including the registration statement that includes this prospectus       
 becoming and remaining effective. Furthermore, the Fixed Purchases, VWAP Purchase, or Additional VWAP Purchase, as applicable, of Depositary 
 Shares is subject to certain agreed upon maximum amount limitations set forth in the Purchase Agreement. Also, the Purchase Agreement        
 prohibits us from issuing and selling any of our Depositary Shares to the Selling Shareholder to the extent such shares, when aggregated     
 with all other securities then beneficially owned by the Selling Shareholder, would cause the Selling Shareholder beneficial ownership       
 of our Ordinary Shares to exceed the Beneficial Ownership Limitation.                                                                        |

| 166 |

| (2) | Assumes that all Ordinary Shares being registered under the registration                                                                
 statement of which this prospectus forms a part are sold in this offering, and that none of the Selling Shareholders acquire additional 
 Ordinary Shares after the date of this prospectus and prior to completion of this offering.                                             |

| (3) | Applicable percentage ownership is based on 6,685,918,922 of our 
 Ordinary Shares outstanding as of January 15, 2024.              |

| (4) | The business address of C/M Capital Master Fund, LP is 1111 Brickell Avenue, Suite 2920, Miami, Florida                                  
 33131. As of the date of the Purchase Agreement, C/M Capital Master Fund, LP did not beneficially own any shares of our common stock.    
 Thomas Walsh and Jonathan Juchno, the Managing Partners of C/M Capital Master Fund, LP, are deemed to be beneficial owners of all of the 
 shares of common stock owned by C/M Capital Master Fund, LP. Messrs. Walsh and Juchno have shared voting and investment power over the   
 shares being offered hereunder in connection with the transactions contemplated under the Purchase Agreement. C/M Capital Master Fund,   
 LP is not a registered broker-dealer or an affiliate of a registered broker-dealer.                                                      |

| 167 |

<div align='center'>PLAN OF DISTRIBUTION</div>

The securities offered by this prospectus are being
offered by the Selling Shareholder. The shares may be sold or distributed from time to time by the Selling Shareholder directly to one
or more purchasers or through brokers, dealers, or under