Summary by Futu AI
On December 21, 2023, Biodexa Pharmaceuticals PLC reported a significant filing with the United States Securities and Exchange Commission. The Schedule 13G filing indicated that Bigger Capital Fund, LP, along with related entities and Michael Bigger, collectively hold a substantial stake in the company. The filing, dated February 12, 2024, shows that Bigger Capital Fund, LP, and its general partner Bigger Capital Fund GP, LLC, as well as District 2 Capital Fund LP and its associated entities, each own 9.9% of Biodexa Pharmaceuticals, with a combination of ordinary shares and shares issuable upon the exercise of warrants. The warrants are subject to a beneficial ownership limitation, which prevents the reporting persons from exceeding a 9.99% ownership stake in the company. The filing also includes a joint filing agreement indicating that the statement is filed on behalf of each reporting person in accordance with SEC regulations.