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NOVIQTECH LIMITED Capital/Financing Update 2025

Feb 3, 2025

65456_rns_2025-02-03_b876c887-7315-42fe-b6d3-3d71ca9a139b.pdf

Capital/Financing Update

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Appendix Forms

4 February 2025

Background

On 15 November 2024, the Company announced that it had received binding commitments for a placement to raise approximately $1,050,000 (before costs) ( Placement ) through the issue of 52,500,000 Shares at $0.02 each ( Placement Shares), together with one free attaching Option for every 1 Placement Share subscribed under the Placement ( Placement Options ) to sophisticated and professional investors of Peak Asset Management ( Placement Participants ). On 21 November 2024, the Company issued 36,463,450 Placement Shares to the Placement Participants whereby 36,463,450 Placement Shares were issued using the Company’s placement capacity under Listing Rule 7.1 ( Tranche 1 Placement Shares ).

Appendix Forms

NoviqTech Limited (“NVQ” or “the Company”) advises the following Appendix forms have been released to the market today relating to the approval of the resolutions at the Company’s general meeting held on 21 January 2025:

  • Appendix 2A confirming the issuance of 16,036,550 Placement Shares to Mr Antanas Guoga, which had not yet been issued;

  • Appendix 2A confirming the issuance of 3,465,000 Shares and 3,465,000 unlisted options on the same terms as the Placement Options to CoPeak Pty Ltd (or nominee) as consideration for leading the Placement;

  • Appendix 2A confirming the issuance of 817,714 Shares and 817,714 unlisted options on the same terms as the Placement Options to Mr Freddy EL Turk (or his nominee);

  • Appendix 2A confirming the issuance of 950,000 Shares as consideration for consultancy services provided to the Company;

  • Appendix 3G confirming the issuance of 52,500,000 free-attaching Placement Options; and

  • Appendix 3G confirming the issuance of employee incentive options to key employees.

Authorised by the NoviqTech Board of Directors.

For any queries relating to this announcement, please contact:

[email protected]

About NoviqTech

NoviqTech (ASX: NVQ) leverages artificial intelligence and distributed ledger technology to offer trusted solutions for supply chain reporting, carbon emissions tracking, and guarantee of origin. Through its platforms, the company supports organisations worldwide in making data-driven decisions and driving sustainable growth.

Visit noviqtech.com for more information.

NoviqTech Limited | ABN 37 622 817 421 | Level 16, 175 Pitt Street, Sydney, NSW, 2000