TC BioPharm (Holdings) PLC, a clinical-stage biopharmaceutical company, has successfully closed a public offering on August 15, 2024, raising $2.0 million in gross proceeds. The offering involved the sale of 23,950 American Depositary Shares (ADSs), Pre-Funded Warrants to purchase up to 1,976,050 ADSs, and Series G Purchase Warrants to purchase up to 2,000,000 ADSs. The Warrants, exercisable immediately and expiring one year from issuance, and the Pre-Funded Warrants, exercisable at any time, were offered at a price of $1.00 per ADS and $0.999 per Pre-Funded Warrant, respectively. This offering was made pursuant to a registration statement on Form F-1, declared effective by the SEC on August 12, 2024. The proceeds are intended to support an upcoming clinical trial for Acute Myeloid Leukemia and for general corporate purposes. Additionally, TC BioPharm has regained compliance with the Nasdaq's minimum stockholders' equity requirement, which was previously below the required threshold as of March 31, 2024. The company had been granted an exception by a Nasdaq Hearings Panel and, following the offering, believes it now meets the equity requirement.

TC BioPharm (Holdings) PLC, a clinical-stage biopharmaceutical company, has successfully closed a public offering on August 15, 2024, raising $2.0 million in gross proceeds. The offering involved the sale of 23,950 American Depositary Shares (ADSs), Pre-Funded Warrants to purchase up to 1,976,050 ADSs, and Series G Purchase Warrants to purchase up to 2,000,000 ADSs. The Warrants, exercisable immediately and expiring one year from issuance, and the Pre-Funded Warrants, exercisable at any time, were offered at a price of $1.00 per ADS and $0.999 per Pre-Funded Warrant, respectively. This offering was made pursuant to a registration statement on Form F-1, declared effective by the SEC on August 12, 2024. The proceeds are intended to support an upcoming clinical trial for Acute Myeloid Leukemia and for general corporate purposes. Additionally, TC BioPharm has regained compliance with the Nasdaq's minimum stockholders' equity requirement, which was previously below the required threshold as of March 31, 2024. The company had been granted an exception by a Nasdaq Hearings Panel and, following the offering, believes it now meets the equity requirement.