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Edesa Biotech (NASDAQ: EDSA) major holder's multi-million-share stake detailed

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(Neutral)
Form Type
SCHEDULE 13D/A

Rhea-AI Filing Summary

Edesa Biotech, Inc. (EDSA) received an amended Schedule 13D (Amendment No. 11) from Dr. Pardeep Nijhawan and related entities updating their beneficial ownership in the company’s common shares.

Dr. Nijhawan is reported as the beneficial owner of 2,613,492 common shares, representing approximately 16.31% of Edesa’s outstanding common shares, including shares held directly, through options, restricted share units, warrants, and preferred shares, as well as through several Ontario entities and a family trust. The filing is based on 14,193,356 common shares outstanding as of August 25, 2026, plus specified derivative securities deemed outstanding for this holder. The amendment also notes that since the prior amendment, Dr. Nijhawan received 3,378 restricted share units on July 2, 2026 and 5,324 restricted share units on August 3, 2026, each vesting in full upon grant and issued in lieu of partial salary.

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Total beneficial ownership – Dr. Pardeep Nijhawan 2,613,492 common shares Aggregate beneficial ownership of Edesa Biotech as of August 25, 2026
Ownership percentage – Dr. Pardeep Nijhawan 16.31 % Percent of Edesa Biotech outstanding common shares deemed beneficially owned
Shares outstanding – Edesa common shares 14,193,356 common shares Common shares outstanding as of August 25, 2026
Beneficial ownership – Pardeep Nijhawan Medicine Professional Corporation 1,164,676 common shares Includes common shares, vested warrants and Series A-1 Preferred Shares
RSUs granted July 2, 2026 3,378 restricted share units Granted to Dr. Nijhawan, vested in full upon grant, in lieu of partial salary
RSUs granted August 3, 2026 5,324 restricted share units Granted to Dr. Nijhawan, vested in full upon grant, in lieu of partial salary
Options included in Nijhawan ownership 56,875 common shares Shares underlying vested options or options vesting within 60 days of August 25, 2026
RSUs included in Nijhawan ownership 491,288 common shares Shares underlying vested RSUs or RSUs vesting within 60 days of August 25, 2026
beneficial owner financial
"may be deemed to be the beneficial owner of an aggregate of 2,613,492"
A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.
restricted share units financial
"56,875 Common Shares underlying vested share options or underlying share"
Restricted share units (RSUs) are a promise from a company to give an employee or service provider actual shares or cash equal to the shares after certain conditions are met, typically staying with the company for a set time or hitting performance targets. Think of them like a time-locked gift card that becomes usable only after you’ve earned it. For investors, RSUs matter because they align employee incentives with company performance and can increase the number of shares outstanding over time, diluting existing ownership and affecting earnings per share.
Series A-1 Preferred Shares financial
"435,414 Common Shares underlying Series A-1 Preferred Shares that are deemed"
Series B-1 Preferred Shares financial
"520,833 Common Shares underlying Series B-1 Preferred Shares that are"
A Series B‑1 preferred share is a specific subclass of preferred stock created during a financing round that gives its holders rights ahead of ordinary shareholders, such as priority on dividends and first claim on proceeds if the company is sold or shuts down. For investors it matters because these shares change how returns and control are allocated—think of them as a reserved, front‑of‑the‑line ticket that reduces downside risk and can include options to convert into common stock or extra voting power.
Schedule 13D regulatory
"This Amendment No. 11 ("Amendment No. 11") amends and supplements the statement on"
A Schedule 13D is a legal document that investors file with regulators when they buy a large enough stake in a company to potentially influence its management or decisions. It provides details about the investor’s intention, ownership stake, and plans, helping other investors understand who is gaining control and what their motives might be.

FAQ

What percentage of Edesa Biotech, Inc. (EDSA) does Dr. Pardeep Nijhawan beneficially own according to this Schedule 13D/A?

Dr. Pardeep Nijhawan is reported as the beneficial owner of 2,613,492 common shares of Edesa Biotech, Inc., representing approximately 16.31% of the issuer’s outstanding common shares, including shares held directly, through derivatives, and via affiliated entities and a family trust.

How many Edesa Biotech (EDSA) shares is Pardeep Nijhawan Medicine Professional Corporation reported to beneficially own?

Pardeep Nijhawan Medicine Professional Corporation may be deemed to beneficially own 1,164,676 Edesa Biotech common shares, representing approximately 7.8% of the issuer’s outstanding common shares, including 402,702 common shares, 326,560 shares underlying vested warrants and 435,414 shares underlying Series A-1 Preferred Shares.

What is the total number of Edesa Biotech (EDSA) common shares outstanding used in the ownership calculations?

The ownership percentages in this Schedule 13D/A are calculated using 14,193,356 Edesa Biotech common shares outstanding as of August 25, 2026, plus specified options, restricted share units, warrants and preferred shares deemed outstanding for the relevant reporting persons.

What recent equity compensation did Dr. Pardeep Nijhawan receive from Edesa Biotech (EDSA)?

Since the prior amendment, Edesa Biotech granted Dr. Pardeep Nijhawan 3,378 restricted share units on July 2, 2026 and 5,324 restricted share units on August 3, 2026. These grants vested in full upon grant and were issued in lieu of partial salary.

How much of Edesa Biotech (EDSA) does The Digestive Health Clinic Inc. beneficially own?

The Digestive Health Clinic Inc. may be deemed to beneficially own 32,013 Edesa Biotech common shares, representing approximately 0.2% of the company’s outstanding common shares, based on 14,193,356 common shares outstanding as of August 25, 2026.

What are the key derivative securities included in Dr. Nijhawan’s Edesa Biotech (EDSA) beneficial ownership?

Dr. Nijhawan’s beneficial ownership includes 56,875 shares underlying vested or soon-vesting options, 491,288 shares underlying vested or soon-vesting restricted share units, 326,560 shares underlying vested warrants, 435,414 shares underlying Series A-1 Preferred Shares, and 520,833 shares underlying Series B-1 Preferred Shares.

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

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27966L306

(CUSIP Number)
Dr. Pardeep Nijhawan
c/o Edesa Biotech, Inc., 100 Spy Court,
Markham, A6, L3R 5H6
(289) 800-9600

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
08/21/2026

(Date of Event Which Requires Filing of This Statement)


If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).




schemaVersion:


SCHEDULE 13D




Comment for Type of Reporting Person:
For box 13, based on a total of 14,193,356 Common Shares of the Company outstanding as of August 25, 2026, and an additional 326,560 Common Shares underlying vested warrants and an additional 435,414 Common Shares underlying Series A-1 Preferred Shares that are deemed outstanding with respect to this Reporting Person.


SCHEDULE 13D




Comment for Type of Reporting Person:
For box 13, based on a total of 14,193,356 Common Shares of the Company outstanding as of August 25, 2026.


SCHEDULE 13D




Comment for Type of Reporting Person:
For box 13, based on a total of 14,193,356 Common Shares of the Company outstanding as of August 25, 2026.


SCHEDULE 13D




Comment for Type of Reporting Person:
For box 13, based on a total of 14,193,356 Common Shares of the Company outstanding as of August 25, 2026.


SCHEDULE 13D




Comment for Type of Reporting Person:
Boxes 8 and 10, consists of 1,164,676 Common Shares beneficially owned by Pardeep Nijhawan Medicine Professional Corporation, 32,013 Common Shares beneficially owned by The Digestive Health Clinic Inc., 53,104 Common Shares beneficially owned by 1968160 Ontario Inc. and 32,609 Common Shares beneficially owned by The New Nijhawan Family Trust 2015. For box 13, based on a total of 14,193,356 Common Shares of the Company outstanding as of August 25, 2026, an additional 56,875 Common Shares underlying vested share options or underlying share options that will vest within 60 days of August 25, 2026, an additional 491,288 Common Shares underlying vested restricted share units or restricted share units that will vest within 60 days of August 25, 2026, an additional 326,560 Common Shares underlying vested warrants, an additional 435,414 Common Shares underlying Series A-1 Preferred Shares and an additional 520,833 Common Shares underlying Series B-1 Preferred Shares that are beneficially owned and deemed outstanding with respect to this Reporting Person.


SCHEDULE 13D


Pardeep Nijhawan Medicine Professional Corporation
Signature:/s/ Pardeep Nijhawan
Name/Title:Pardeep Nijhawan, Chief Executive Officer
Date:08/25/2026
The Digestive Health Clinic Inc.
Signature:/s/ Pardeep Nijhawan
Name/Title:Pardeep Nijhawan, Chief Executive Officer
Date:08/25/2026
1968160 Ontario Inc.
Signature:/s/ Pardeep Nijhawan
Name/Title:Pardeep Nijhawan, Chief Executive Officer
Date:08/25/2026
The New Nijhawan Family Trust 2015
Signature:/s/ Pardeep Nijhawan
Name/Title:Pardeep Nijhawan, Trustee
Date:08/25/2026
Pardeep Nijhawan
Signature:/s/ Pardeep Nijhawan
Name/Title:Pardeep Nijhawan
Date:08/25/2026