INTELLIGENT BIO SOLUTIONS INC. — Director's Dealing 2021

Jan 21, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GBS Inc. (GBS)
CIK: 0001725430
Period of Report: 2021-01-18

Reporting Person: Life Science Biosensor Diagnostics Pty Ltd (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-01-18	Common Stock	X	117647	—	Acquired	5786694	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-01-18	Series B Warrants	$	X	117647	Disposed		Common Stock (117647)	Direct

Footnotes

F1: Represents exercise of the Series B Common Stock Purchase Warrant to purchase 117,647 shares of the Company's common stock; on a cashless basis under the terms of the warrant. The warrant term was five years from the issuance date.