Biodexa Prices $10M Public Offering

Biodexa Pharmaceuticals PLC, (NASDAQ:BDRX) ("Biodexa" or the "Company"), a clinical stage biopharmaceutical company developing a pipeline of innovative products for the treatment of diseases with unmet medical needs, today announced the pricing of a best efforts public offering of an aggregate of (i) 157,000 units (the "ADS Units"), with each unit consisting of (A) one American depositary share (representing 100,000 of the Company's ordinary shares) ("ADSs"), and (B) two Series L warrants, each to purchase one ADS (the "Series L Warrants"), and (ii) 2,891,781 pre-funded units (the "Pre-Funded Units"), with each Pre-Funded Unit consisting of (A) one pre-funded warrant to purchase one ADS and (ii) two Series L Warrants. The combined public offering price of each ADS Unit is $3.28, and the combined public offering price of each Pre-Funded Unit is $3.2799. The securities comprising the Units are immediately separable and will be issued separately.