WEEBIT NANO LTD — Capital/Financing Update 2019

Apr 15, 2019

==> picture [44 x 44] intentionally omitted <==

==> picture [10 x 14] intentionally omitted <==

==> picture [8 x 15] intentionally omitted <==

==> picture [9 x 11] intentionally omitted <==

==> picture [16 x 21] intentionally omitted <==

==> picture [17 x 21] intentionally omitted <==

==> picture [9 x 14] intentionally omitted <==

==> picture [9 x 11] intentionally omitted <==

==> picture [13 x 11] intentionally omitted <==

==> picture [14 x 15] intentionally omitted <==

==> picture [12 x 13] intentionally omitted <==

==> picture [9 x 15] intentionally omitted <==

==> picture [18 x 20] intentionally omitted <==

==> picture [16 x 20] intentionally omitted <==

==> picture [35 x 20] intentionally omitted <==

==> picture [13 x 14] intentionally omitted <==

==> picture [9 x 11] intentionally omitted <==

==> picture [15 x 15] intentionally omitted <==

==> picture [9 x 11] intentionally omitted <==

==> picture [13 x 11] intentionally omitted <==

Block trade completed for remaining stock of largest escrowed shareholders

16 April 2019 – Weebit Nano (ASX: WBT), the Israel-based semiconductor company seeking to develop and commercialise the next generation of memory technology, is pleased to update the market that the three largest escrowed shareholders have agreed to block trade sale of all their remaining WBT shares.

Commenting on the block trade, Coby Hanoch, CEO of Weebit Nano , said: “I would like to thank these shareholders for their vision in setting up Weebit and their seed financial support in the early phase of the company. Their focus now lies with other business interests, and we wish them luck. We are very pleased they have placed the majority of their shares into the hands of sophisticated, long term shareholders of Weebit, removing the significant market overhang associated with their holdings. They have now agreed to completely exit the register of Weebit Nano, agreeing to sell over 6.5 million shares.

“The fundamentals of Weebit Nano remain strong. We continue to hit all our technical milestones, have a high calibre board and management in place, and remain on track for the transfer of our technology to a production fab. Discussions with potential partners and customers continue. We are making good progress on this front, and this remains a major focus for my team”, said Mr Hanoch.

For further information, contact:

Investors Media Eric Kuret Tristan Everett Market Eye Market Eye P: +61 3 9591 8904 P: +61 3 9591 8905 E: eric.kuret@marketeye.com.au E: tristan.everett@marketeye.com.au

About Weebit Nano Limited

Weebit Nano is a leader in the development of next generation computer memory technology, and plans to become the new industry standard in this space. Its goal is to address the growing need for a significantly higher performance and lower power computer memory technology. Weebit Nano’s ReRAM technology is based on fab-friendly Silicon Oxide, allowing the company to rapidly execute, without the need for special equipment or preparations. The company secured several patents to ensure optimal commercial and legal protection for its ground-breaking technology.

Weebit Nano’s technology enables a quantum leap, allowing semiconductor memory elements to be significantly cheaper, faster, more reliable and more energy efficient than the existing Flash technology. Weebit Nano has signed an R&D agreement with Leti, an R&D institute that specialises in nanotechnologies, to further develop SiOx ReRAM technology.

• For more information please visit: http://www.weebit nano.com/

==> picture [23 x 21] intentionally omitted <==

Contact

Office: +972-9-7797832 info@weebit-nano.com www.weebit-nano.com