Biodexa Pharmaceuticals (BDRX) has released an update.
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Biodexa Pharmaceuticals has announced a new Series J Warrant to purchase ordinary shares, exercisable from a specified initial date in 2024 until five years later, with the option for a cashless exercise if certain conditions are met. The warrants are subject to a fixed exercise price, with provisions for adjustments and are not registered under the SEC, implying they are subject to certain restrictions on their sale and transfer. This financial instrument offers a strategic opportunity for investors to engage with Biodexa’s growth potential.
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