Company: MDCXW
Filing Date: 2025-05-01
Form Type: DRS
Source: 0001062993-25-008292
Chunk: 75

Company: Medicus Pharma Ltd.
Filing Date: 2025-05-01
Form: DRS
Chunk 75
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80 per unit pursuant to Tier II of Regulation A under the Securities Act, with each unit consisting of one common share and one 2030 Warrant. The 2030 Warrants have an exercise price of $2.80 and expire on March 10, 2030. The aggregate gross proceeds to the Company from the Offering were $4,172,000.

Results of Operations

The following table outlines our statements of loss and comprehensive loss for the years ended December 31, 2024 and 2023:

|                                               |     | Years ended December 31, 
                     2024 |   |     |       2023 |   |
|:----------------------------------------------|:----|-------------------------:|:--|:----|-----------:|:--|
|                                               |     |                        $ |   |     |          $ |   |
| General and administrative                    |     |                7,653,116 |   |     |  4,536,367 |   |
| Research and development                      |     |                3,527,786 |   |     |    193,578 |   |
| Total operating expenses                      |     |               11,180,902 |   |     |  4,729,945 |   |
| Loss from operations                          |     |              (11,180,902 | ) |     | (4,729,945 | ) |
| Finance (income) expense, net                 |     |                  (25,386 | ) |     |    584,820 |   |
| Net loss and comprehensive loss               |     |              (11,155,516 | ) |     | (5,314,765 | ) |
| Net loss per common share (basic and diluted) |     |                    (1.16 | ) |     |      (1.53 | ) |

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General and administrative

General and administrative expenses for the years ended December 31, 2024 and 2023 are comprised of:

|                                                           |     | Years ended December 31, 
                     2024 |     |      2023 |
|:----------------------------------------------------------|:----|-------------------------:|:----|----------:|
|                                                           |     |                        $ |     |         $ |
| Professional fees                                         |     |                1,910,801 |     |   735,234 |
| Consulting fees                                           |     |                1