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Armistice Capital reports 9.99% Biodexa Pharmaceuticals (BDRX) ADS ownership

(Moderate)
(Neutral)
Form Type
SCHEDULE 13G/A

Rhea-AI Filing Summary

Armistice Capital, LLC and Steven Boyd report beneficial ownership of 26,166 American Depositary Shares (ADSs) of Biodexa Pharmaceuticals Plc, representing 9.99% of this ADS class. Each ADS represents four hundred ordinary shares.

Armistice Capital is investment manager to Armistice Capital Master Fund Ltd., the direct holder of the ADSs, and exercises voting and investment power over these securities. Mr. Boyd, as managing member of Armistice Capital, may also be deemed to beneficially own these shares. Voting and dispositive powers are reported as shared for all 26,166 ADSs and sole power is reported as zero.

Positive

  • None.

Negative

  • None.
Beneficial ownership 26,166 American Depositary Shares ADSs of Biodexa Pharmaceuticals Plc reported as beneficially owned by Armistice Capital and Steven Boyd
Percent of ADS class 9.99% Reported percentage of Biodexa Pharmaceuticals ADSs beneficially owned
Shared voting power 26,166 American Depositary Shares ADSs over which reporting persons have shared power to vote or direct the vote
Shared dispositive power 26,166 American Depositary Shares ADSs over which reporting persons have shared power to dispose or direct disposition
Sole voting power 0 American Depositary Shares ADSs over which the reporting persons have sole voting power
Sole dispositive power 0 American Depositary Shares ADSs over which the reporting persons have sole dispositive power
Ordinary shares per ADS 400 ordinary shares Each American Depositary Share represents four hundred ordinary shares of Biodexa
beneficially own financial
"Amount beneficially owned: 26,166"
Beneficially own means having the economic rights and risks of a security—such as the right to receive dividends, sell the shares, or profit from price changes—whether or not your name appears on the official share register. Think of it like renting a car: you use it and reap the benefits even if the title lists someone else. Investors care because beneficial ownership determines who truly controls value, must be disclosed under securities rules, and can signal potential influence or trading activity that affects a stock’s price.
shared voting power financial
"Shared power to vote or to direct the vote: 26,166"
Shared voting power occurs when two or more parties jointly have the right to vote or decide how a block of company shares is cast, like co-owners who must agree before moving a piece of furniture. Investors care because who controls voting rights affects board elections, major corporate decisions and takeover outcomes, and shared control can alter regulatory disclosures and the practical influence any holder has over a company’s direction and value.
shared dispositive power financial
"Shared power to dispose or to direct the disposition of: 26,166"
Investment Management Agreement financial
"pursuant to an Investment Management Agreement, Armistice Capital exercises voting"
An investment management agreement is a written contract that hires a professional to make buying, selling and strategy decisions for an investment account or fund, and sets out their duties, fees, risk limits, performance measures and reporting requirements. It matters to investors because the agreement determines who controls the money, how much the service costs, what risks are allowed, and how success or failure is measured—think of it as the service contract that defines expectations and remedies for a hired portfolio manager.
exempted company financial
"The Master Fund, a Cayman Islands exempted company that is an investment advisory client"
American Depositary Shares financial
"Title of class of securities: American Depositary Shares, each representing"
American depositary shares (ADSs) are a way for investors in the United States to buy shares of foreign companies without dealing with international markets directly. They represent ownership in a foreign company's stock and are traded on U.S. stock exchanges, making it easier for American investors to buy, sell, and own parts of companies from around the world.

FAQ

What percentage of Biodexa Pharmaceuticals (BDRX) does Armistice Capital report owning?

Armistice Capital and Steven Boyd report beneficial ownership of 9.99% of Biodexa Pharmaceuticals’ American Depositary Shares, based on 26,166 ADSs held through Armistice Capital Master Fund Ltd. This reflects their disclosed economic and voting interest in the ADS class.

How many Biodexa Pharmaceuticals (BDRX) ADSs does Armistice Capital beneficially own?

Armistice Capital and Steven Boyd report beneficial ownership of 26,166 American Depositary Shares of Biodexa Pharmaceuticals. Each ADS represents 400 ordinary shares, and these ADSs are held by Armistice Capital Master Fund Ltd., for which Armistice Capital is investment manager.

Who directly holds the Biodexa Pharmaceuticals (BDRX) ADSs reported by Armistice Capital?

The Armistice Capital Master Fund Ltd. is the direct holder of the 26,166 ADSs. Armistice Capital, as investment manager, exercises voting and investment power over these securities under an Investment Management Agreement and may be deemed a beneficial owner.

What voting and dispositive powers are reported over Biodexa (BDRX) ADSs?

The reporting persons disclose 0 ADSs with sole voting or dispositive power and 26,166 ADSs with shared voting and shared dispositive power. This means decisions on voting and disposition are shared rather than held individually by either reporting person.

What role does Steven Boyd have in the Biodexa Pharmaceuticals (BDRX) stake?

Steven Boyd is the managing member of Armistice Capital, LLC and may be deemed to beneficially own the 26,166 ADSs held by the Master Fund. He signs the joint ownership report and shares voting and dispositive power through his role.

Who has the right to dividends and sale proceeds from the Biodexa (BDRX) ADSs?

The Armistice Capital Master Fund Ltd., a Cayman Islands exempted company and advisory client of Armistice Capital, has the right to receive dividends and sale proceeds from the reported Biodexa ADSs, as disclosed in the ownership description.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates





59564R872

(CUSIP Number)
06/30/2026

(Date of Event Which Requires Filing of this Statement)


Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)




schemaVersion:


SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G



Armistice Capital, LLC
Signature:/s/ Steven Boyd
Name/Title:Steven Boyd - Managing Member
Date:08/14/2026
Steven Boyd
Signature:/s/ Steven Boyd
Name/Title:Steven Boyd
Date:08/14/2026
Exhibit Information

JOINT FILING STATEMENT PURSUANT TO RULE 13d-1(k) The undersigned acknowledge and agree that the foregoing statement on Schedule 13G, is filed on behalf of each of the undersigned and that all subsequent amendments to this statement on Schedule 13G, shall be filed on behalf of each of the undersigned without the necessity of filing additional joint acquisition statements. The undersigned acknowledge that each shall be responsible for the timely filing of such amendments, and for the completeness and accuracy of the information concerning him or it contained therein, but shall not be responsible for the completeness and accuracy of the information concerning the others, except to the extent that he or it knows or has reason to believe that such information is inaccurate. Dated: August 14, 2026 Armistice Capital, LLC By: /s/ Steven Boyd Steven Boyd - Managing Member Steven Boyd By: /s/ Steven Boyd