ATOMO DIAGNOSTICS LIMITED — Capital/Financing Update 2022

Apr 28, 2022

Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

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Announcement Summary

Entity name

ATOMO DIAGNOSTICS LIMITED

Date of this announcement

Friday April 29, 2022

The +securities the subject of this notification are: Other

Total number of +securities to be issued/transferred

		Total number of
ASX +security		+securities to be
code	Security description	issued/transferred	Issue date
New class - code	OPTION EXPIRING 30-APR-2024 EX $0.40	2,000,000	31/05/2021
to be confirmed
New class - code	OPTION EXPIRING 30-APR-2024 EX $0.60	2,000,000	31/05/2021
to be confirmed

Refer to next page for full details of the announcement

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Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

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Part 1 - Entity and announcement details

1.1 Name of entity

ATOMO DIAGNOSTICS LIMITED

We (the entity named above) give notice of the issue, conversion or payment up of the following unquoted +securities.

1.2 Registered number type

ABN

Registration number

37142925684

1.3 ASX issuer code

AT1

1.4 The announcement is

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New announcement

1.5 Date of this announcement

29/4/2022

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Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

Part 2 - Issue details

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2.1 The +securities the subject of this notification are:

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Other

Please specify

Issue of Options previously announced and disclosed on 30 April 2021.

2.2a This notification is given in relation to an issue of +securities in a class which is not quoted on ASX and which:

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does not have an existing ASX security code ("new class")

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Part 3C - number and type of +securities the subject of this notification (new class) where issue has not previously been notified to ASX in an Appendix 3B

New +securities

ASX +security code +Security description New class - code to be confirmed OPTION EXPIRING 30-APR-2024 EX $0.40 +Security type ISIN code Options Date the +securities the subject of this notification were issued 31/5/2021

Will all the +securities issued in this class rank equally in all respects from their issue date? Yes

Have you received confirmation from ASX that the terms of the +securities are appropriate and equitable under listing rule 6.1? No

Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being issued.

https://www.asx.com.au/asxpdf/20210430/pdf/44w1yhhbplkqs3.pdf

Options Details

+Security currency Exercise price Expiry date AUD - Australian Dollar AUD 0.40000000 30/4/2024

Details of the existing class of +security that will be issued upon exercise or conversion of this new class of company option

Other

Description

Fully Paid Ordinary Shares.

Any other information the entity wishes to provide about the +securities the subject of this notification

On 31 May 2021, the Company issued 4,000,000 options to Bondi Partners in consideration for provision of strategic advisory services. These options were issued as part of Bondi Partners¿ appointment to assist with the development and execution of Atomo¿s US go-to-market strategy and commercial engagements across both public and private sectors. Tranche 1 (2,000,000 options) will vest on 31 October 2022 subject to Atomo extending Bondi Partners¿ consultancy engagement for a further period of at least six (6) months (in Atomo¿s sole discretion). These options are excercisable at

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Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

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an exercise price of $0.40 per option and expire on 30 April 2024. Tranche 2 (2,000,000 options) are excercisable at $0.60, vest on 30 April 2022 and expire on 30 April 2024.

Please provide any further information needed to understand the circumstances in which you are notifying the issue of these +securities to ASX, including why the issue of the +securities has not been previously announced to the market in an Appendix 3B

These securities have been previously announced to the market by an Appendix 3B dated 30 April 2021. Due to an administrative oversight, the securities, although issued, were never announced to the market.

Issue details

Number of +securities

2,000,000

Were the +securities issued for a cash consideration?

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No

Please describe the consideration being provided for the +securities

Consideration for the provision of strategic advisory services.

Purpose of the issue

To pay for services rendered

Additional Details

New +securities

ASX +security code +Security description New class - code to be confirmed OPTION EXPIRING 30-APR-2024 EX $0.60

+Security type ISIN code Options

Date the +securities the subject of this notification were issued

31/5/2021

Will all the +securities issued in this class rank equally in all respects from their issue date? Yes

Have you received confirmation from ASX that the terms of the +securities are appropriate and equitable under listing rule 6.1?

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No

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Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

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Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being issued.

https://www.asx.com.au/asxpdf/20210430/pdf/44w1yhhbplkqs3.pdf

Options Details

+Security currency

AUD - Australian Dollar

Exercise price Expiry date AUD 0.60000000 30/4/2024

Details of the existing class of +security that will be issued upon exercise or conversion of this new class of company option

Other

Description

Fully Paid Ordinary Shares.

Any other information the entity wishes to provide about the +securities the subject of this notification

On 31 May 2021, the Company issued 4,000,000 options to Bondi Partners in consideration for provision of strategic advisory services. These options were issued as part of Bondi Partners¿ appointment to assist with the development and execution of Atomo¿s US go-to-market strategy and commercial engagements across both public and private sectors. Tranche 1 (2,000,000 options) will vest on 31 October 2022 subject to Atomo extending Bondi Partners¿ consultancy engagement for a further period of at least six (6) months (in Atomo¿s sole discretion). These options are excercisable at an exercise price of $0.40 per option and expire on 30 April 2024. Tranche 2 (2,000,000 options) are excercisable at $0.60, vest on 30 April 2022 and expire on 30 April 2024.

Please provide any further information needed to understand the circumstances in which you are notifying the issue of these +securities to ASX, including why the issue of the +securities has not been previously announced to the market in an Appendix 3B

These securities have been previously announced to the market by an Appendix 3B dated 30 April 2021. Due to an administrative oversight, the securities, although issued, were never announced to the market.

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Issue details

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Number of +securities

2,000,000

Were the +securities issued for a cash consideration?

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No

Please describe the consideration being provided for the +securities

Consideration for the provision of strategic advisory services.

Purpose of the issue

To pay for services rendered

Additional Details

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Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

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Part 4 - +Securities on issue

Following the issue, conversion or payment up of the +securities the subject of this application, the +securities of the entity will comprise:

(A discrepancy in these figures compared to your own may be due to a matter of timing if there is more than one application for quotation/issuance currently with ASX for processing.)

4.1 Quoted +Securities (Total number of each +class of +securities quoted)

		Total number of
ASX	+security code and description	+securities on issue
AT1	: ORDINARY FULLY PAID	568,597,807

4.2 Unquoted +Securities (Total number of each +class of +securities issued but not quoted on ASX)

	Total number of
ASX +security code and description	+securities on issue
AT1AJ : OPTION EXPIRING 14-APR-2024 EX $0.25	1,079,999
AT1AH : OPTION EXPIRING 11-APR-2023 EX 16C	6,600,000
AT1AI : OPTION EXPIRING VARIOUS DATES EX 25C	5,066,667
New class - code to be confirmed : OPTION EXPIRING 30-APR-2024 EX $0.40	2,000,000
New class - code to be confirmed : OPTION EXPIRING 30-APR-2024 EX $0.60	2,000,000

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Part 5 - Other Listing Rule requirements

5.1 Were the +securities issued under an exception in Listing Rule 7.2 and therefore the issue did not need any security holder approval under Listing Rule 7.1? No

5.2 Has the entity obtained, or is it obtaining, +security holder approval for the issue under listing rule 7.1? No

5.2b Are any of the +securities being issued without +security holder approval using the entity's 15% placement capacity under listing rule 7.1? Yes

5.2b.1 How many +securities are being issued without +security holder approval using the entity's 15% placement capacity under listing rule 7.1?

4,000,000 Options

5.2c Are any of the +securities being issued without +security holder approval using the entity's additional 10% placement capacity under listing rule 7.1A (if applicable)? No

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