Biodexa Pharmaceuticals Plc (BDRX) Form 424B3 — Oct 13, 2026
Biodexa Pharmaceuticals filed Prospectus Supplement No. 3 to its F-1 resale prospectus, registering up to 127,754,750 ordinary shares (2,555,095 ADSs) issuable upon exercise of pre-funded, Series M, Series N, and Series O warrants sold in July 2026 offerings and a warrant inducement transaction. The supplement incorporates a 6-K announcing that the ADS ratio will change from 1 ADS per 50 ordinary shares to 1 ADS per 400 ordinary shares, effective on or about October 26, 2026 — effectively a mandatory one-for-eight reverse ADS split requiring holders to exchange old ADSs (CUSIP 59564R872) for new ADSs (CUSIP 59564R864).
Key figures
- Price date
- October 12, 2026
- New ads ratio
- 1 ADS : 400 ordinary shares
- Old ads ratio
- 1 ADS : 50 ordinary shares
- Ads represented
- 2555095
- Last closing price
- 0.3832
- Reverse ads split ratio
- 1-for-8
- Ordinary shares registered
- 127754750
- Ratio change effective date
- on or about October 26, 2026
AI analysis
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