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WEEBIT NANO LTD — Capital/Financing Update 2023
Mar 28, 2023
66042_rns_2023-03-28_99714100-adfa-4797-abf2-29c935ec86a0.pdf
Capital/Financing Update
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Weebit Nano Limited (the “Company”) Registered Office Level 7 330 Collins Street MELBOURNE VIC 3000
ASX Code: WBT
The Manager Market Announcements Office ASX Limited Level 4, Exchange Centre 20 Bridge Street SYDNEY NSW 2000
29 March 2023
Dear Sir/Madam,
Notice under section 708A(5)(e) of the Corporations Act 2001 (Cth)
This notice is given by Weebit Nano Ltd (ACN 146 455 576) (ASX: WBT) (“ Weebit ” or “ Company ”) under section 708A(5)(e) of the Corporations Act 2001 (Cth) ( Corporations Act ).
Weebit refers to its announcement made to the market on 23 March 2023 relating to a fully underwritten institutional placement (“ Placement ”) and a separate share purchase plan (“ SPP ”).
Weebit has today issued 9,000,000 fully paid ordinary shares (“ New Shares ”) at an issue price of $5.00 per New Share pursuant to the Placement.
The SPP will be offered in accordance with ASIC Corporations (Share and Interest Purchase Plans) Instrument 2019/547 (“ ASIC Instrument ”). It is a condition of that ASIC Instrument that the Company gives ASX this notice before the SPP offer is made. The SPP is expected to open (and the SPP offer is expected to be made) on 3 April 2023. An SPP booklet with further details on the SPP is expected to be made available to eligible shareholders on 30 March 2023.
Weebit confirms that:
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a) Weebit issued the New Shares under the Placement without disclosure to investors under Part 6D.2 of the Corporations Act;
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b) this notice is being given under section 708A(5)(e) of the Corporations Act;
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c) as at the date of this notice, Weebit has complied with:
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i. the provisions of Chapter 2M of the Corporations Act as they apply to Weebit; and
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ii. sections 674 and 674A of the Corporations Act; and
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d) as at the date of this notice, there is no excluded information of the type referred to in sections 708A(7) and 708A(8) of the Corporations Act that is required to be set out in this notice under section 708A(6)(e) of the Corporations Act.
Contact Office: +972-9-7797832 [email protected] www.weebit-nano.com
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This notice has been authorised for release to ASX by Weebit Nano Limited’s Board of Directors.
Yours faithfully
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Mark Licciardo Company Secretary
For further information, please contact:
Investors
Eric Kuret, Automic Group P: +61 417 311 335 E: [email protected]
Media – Australia
Tristan Everett, Automic Group P: +61 403 789 096 E: [email protected]
Media – US
Jen Bernier-Santarini, Weebit Nano P: +1 650-336-4222 E: [email protected]
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Contact Office: +972-9-7797832 [email protected] www.weebit-nano.com