Biodexa raises $2.3M via warrant exercise agreement

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Biodexa Enters Into Warrant Exercise Transaction for $2.3 Million in Gross Proceeds

September 15, 2026 8:00 AM EDT

Biodexa Enters Into Warrant Exercise Transaction for $2.3 Million in Gross Proceeds

September 15, 2026

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 that it has entered into a warrant exercise agreement with an existing accredited investor to exercise certain outstanding warrants to purchase an aggregate of 2,204,218 American Depositary Shares (ADSs) of the Company (the Existing Warrants) at an exercise price of $1.05 for gross cash proceeds of approximately $2.3 million, before deducting financial advisor fees... More