Company: EDSA
Filing Date: 2025-07-25
Form Type: S-3
Source: 0001171843-25-004721
Chunk: 24

Company: Edesa Biotech, Inc.
Filing Date: 2025-07-25
Form: S-3
Chunk 24
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 the debt securities. We may remove the trustee as the trustee under a given indenture with or without cause if we so notify the trustee three months in advance and if no Default occurs during the three-month period. The indenture trustee may also provide additional unrelated services to us as a depository of funds, registrar, trustee and similar services.

Governing Law

The indentures and the debt securities will be governed by New York law, except to the extent that the Trust Indenture Act of 1939 is applicable.

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<div align='center'>DESCRIPTION OF SUBSCRIPTION RIGHTS</div>

We may issue subscription rights to purchase our equity or debt securities. These subscription rights may be offered independently or together with any other security offered hereby and may or may not be transferable by the shareholder receiving the subscription rights in such offering. In connection with any offering of subscription rights, we may enter into a standby arrangement with one or more underwriters or other purchasers pursuant to which the underwriters or other purchasers may be required to purchase any securities remaining unsubscribed for after such offering.

The prospectus supplement relating to any subscription rights we offer, if any, will, to the extent applicable, include specific terms relating to the offering, including some or all of the following:

| · | the price, if any, for the subscription rights; |

| · | the exercise price payable for our equity or debt securities upon the exercise of the subscription rights; |

| · | the number of subscription rights to be issued to each shareholder; |

| · | the number and terms of our equity or debt securities which may be purchased per each subscription right; |

| · | the extent to which the subscription rights are transferable; |

| · | any other terms of the subscription rights, including the terms, procedures and limitations relating to 
 the exchange and exercise of the subscription rights;                                                   |

| · | the date on which the right to exercise the subscription rights shall commence, and the date on which the 
 subscription rights shall expire;                                                                         |

| · | the extent to which the subscription rights may include an over-subscription privilege with respect to        
 unsubscribed securities or an over-allotment privilege to the extent the securities are fully subscribed; and |

| · | if applicable, the material terms of any standby underwriting or purchase arrangement which may be entered 
 into by us in connection with the offering of subscription rights.                                         |

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<div align='center'>DESCRIPTION OF UNITS</div>

We may issue units comprised of one