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WAY 2 VAT LTD. — Capital/Financing Update 2024
Apr 23, 2024
66030_rns_2024-04-23_115f2fed-dad7-4a2e-9c89-27162951a6d6.pdf
Capital/Financing Update
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ASX release
24 April 2024
Notification under section 708A(5)(e) of the Corporations Act 2001 (Cth)
This notice is given by Way2VAT Limited (ARBN 637 709 114) ( Company ) under section 708A(5)(e) of the Corporations Act 2001 (Cth) ( Corporations Act ).
Further to the Company's ASX announcements on 28 February 2024 and 17 April 2024, the Company confirms that it has completed the issue of 20,000,000 fully paid ordinary shares in the capital of the Company ( Shares ), at the issue price of A$0.022 per Share to an investor under tranche 2 of the placement, to raise approximately A$440,000 (before costs). The issue of Shares under tranche 2 of the placement was approved by the Company's shareholders at the general meeting held on 10 April 2024.
Please refer to the accompanying Appendix 2A and the Company's ASX announcements dated 28 February 2024 and 17 April 2024 for further details.
The Company hereby gives notice under section 708A(5)(e) of the Corporations Act:
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(a) the Shares were issued without disclosure to investors under Part 6D.2 of the Corporations Act;
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(b) as at the date of this notice, the Company has complied with:
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(i) the provisions of Chapter 2M of the Corporations Act, as they apply to the Company; and
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(ii) sections 674 and 674A of the Corporations Act; and
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(c) as at the date of this notice, there is no ‘excluded information’ (within the meaning of sections 708A(7) and 708A(8) of the Corporations Act) that is required to be disclosed by the Company in this notice.
ENDS
Authorised for release to the ASX by the Board of Way2VAT.
For more information, please contact:
Amos Simantov
W2V Founder & CEO [email protected]
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About Way2VAT
Way2VAT is a global fintech leader in automated VAT/GST claim and return solutions in over in 40 countries and in over 20 languages, serving hundreds of enterprise businesses worldwide. Way2VAT owns and operates a patented artificial intelligence technology that powers the world’s first fully automated, end-to-end VAT reclaim platform.
Established in 2016, Way2VAT is headquartered in Tel Aviv with offices in the United Kingdom, Spain and Romania and has over 60 employees.
It is used by more than 345 global enterprise companies.
www.way2vat.com