Company: MDCXW
Filing Date: 2025-09-29
Form Type: S-1
Source: 0001062993-25-015841
Chunk: 209

Company: Medicus Pharma Ltd.
Filing Date: 2025-09-29
Form: S-1
Chunk 209
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 any Consideration Shares that have not been released from the lock-up restriction in accordance with the foregoing on or before May 29, 2026, the nine-month anniversary of August 29, 2025, will be automatically released on such date.

The lock-up restrictions do not apply in connection with:

(i)transfers from a Selling Shareholder to their affiliates, family members, or any company, trust or other entity owned by or maintained for the benefit of such Selling Shareholder or any of its family members;

(ii)transfers occurring by operation of law or in connection with transactions arising as a result of the death or incapacitation of a Selling Shareholder;

(iii)pledges of the Consideration Shares as security for bona fide indebtedness of a Selling Shareholder; or

(iv)transfers made pursuant to a bona fide take-over bid or similar transaction made to all holders of the Company common shares, including without limitation, a merger, arrangement or amalgamation, involving a change of control of the Company and provided that in the event the take-over or acquisition transaction is not completed, the Consideration Shares shall remain subject to the lock-up restrictions described herein.

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The foregoing description of the contractual lock-up restrictions does not purport to be complete and is qualified in its entirety by reference to the full text of the Definitive Agreement, which is filed as an exhibit to the Registration Statement of which this prospectus forms a part and is incorporated herein by reference.

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PLAN OF DISTRIBUTION</div>

This Registration Statement relates to the sale from time to time of up to 1,397,184 common shares by the Selling Shareholders.

The Selling Shareholders, may, from time to time, sell, transfer or otherwise dispose of any or all of their common shares on any stock exchange, market or trading facility on which the Company's common shares are traded or in private transactions, except as contractually restricted. These dispositions may be at fixed prices, at prevailing market prices at the time of sale, at prices related to the prevailing market price, at varying prices determined at the time of sale, or at negotiated prices. See " Shares Eligible for Future Sale - Contractual Lock-Up Restrictions".

The Selling Shareholders may use any one or more of the following methods when disposing of the common shares:

ordinary brokerage transactions and transactions in which the broker-dealer solicits purchasers;

block trades in which the broker-dealer will attempt to sell the