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WEEBIT NANO LTD Capital/Financing Update 2020

Nov 22, 2020

66042_rns_2020-11-22_ad2d73ee-c847-413e-bdf7-24d1f6482350.pdf

Capital/Financing Update

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Market Announcement

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23 November 2020

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Weebit Nano Limited (ASX: WBT) – Trading Halt

Description

The securities of Weebit Nano Limited (‘WBT’) will be placed in trading halt at the request of WBT, pending it releasing an announcement. Unless ASX decides otherwise, the securities will remain in trading halt until the earlier of the commencement of normal trading on Wednesday, 25 November 2020 or when the announcement is released to the market.

Issued by

Dean Litis

Principal Adviser, Listings Compliance (Melbourne)

Market Announcement 1/1 ASX Customer Service Centre 131 279 | asx.com.au

23 November 2020 ASX Limited

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By email: [email protected]

Dean Litis Principal Adviser, Listings Compliance ASX Compliance Pty Limited Level 4 North Tower, Rialto 525 Collins Street Melbourne VIC 3000

23 November 2020

Dear Mr Litis,

REQUEST FOR TRADING HALT: WEEBIT NANO LIMITED (ASX: WBT)

Weebit Nano Limited ( WBT ) requests a trading halt in respect of its fully paid ordinary shares ( ASX: WBT ) pursuant to Listing Rule 17.1 with immediate effect.

For the purposes of Listing Rule 17.1, and in support of its request, WBT advises that:

  • (a) The trading halt is necessary as WBT expects to make an announcement to the ASX in connection with a capital raising by way of a placement advised by Canaccord Genuity (Australia) Limited;

  • (b) WBT requests that the trading halt remain in place until WBT makes the announcement referred to in paragraph (a) above, and by no later than the commencement of trading on 25 November 2020; and

  • (c) WBT is not aware of any reason why the trading halt should not be granted or any other information necessary to inform the market in relation to the trading halt.

Should you require any further information, please do not hesitate to contact me.

Yours sincerely

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Mark Licciardo Company Secretary

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Contact Office: +972-9-7797832 [email protected] www.weebit-nano.com