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WEEBIT NANO LTD — Regulatory Filings 2021
Oct 3, 2021
66042_rns_2021-10-03_e6694fc8-afe4-40f3-bfbc-42ea390134c6.pdf
Regulatory Filings
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ASX RELEASE
Appendix 3G – Correction
4 October 2021 – Weebit Nano Ltd ( ASX: WBT ) ( Weebit ) refers to the Appendix 3G – Notification of issue, conversion or payment up of equity securities (Appendix 3G) released to the market on 22 December 2020.
As per the Appendix 3G Coby Hanoch and David Perlmutter were granted 900,000 and 500,000 unlisted options respectively. This was an administrative error, as shareholders approved the grant of 1,200,000 and 750,000 unlisted options to Mr Hanoch and Mr Perlmutter at Weebit’s 2020 Annual General Meeting held on 17 November 2020.
Accordingly, Weebit wishes to correct the Appendix 3G noted above to reflect the additional 300,000 and 250,000 unlisted options granted to Mr Hanoch and Mr Perlmutter respectively as follows:
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In answer 3 to question 3B.1 and 3B.8b, the number of unlisted options issued on 22 December 2020 with an exercise price of A$0.823 should read 1,200,000, not 900,000.
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In answer 4 to question 3B.1 and 3B.8b, the number of unlisted options issued on 22 December 2020 with an exercise price of A$0.823 should read 750,000, not 500,000.
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In answer to question 3B.4, the number of options issued on 22 December 2020 should read 5,675,354, not 5,125,354.
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In answer to question 5.1, the number of unlisted options issued on 22 December 2020 with an exercise price of A$0.823, expiring 17 September 2030 should read 1,200,00, not 900,000.
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In answer to question 5.1, the number of unlisted options issued on 22 December 2020 with an exercise price of A$0.823, expiring 17 September 2030 should read 750,00, not 500,000.
All other details as announced in the Appendix 3G dated 22 December 2020 remain unchanged.
Weebit is satisfied that it has the necessary reporting and notification policies in place to ensure compliance with its disclosure obligations under the ASX Listing Rules and consider this to be an isolated incident.
- ENDS -
This announcement has been authorised for release by the Company Secretary of Weebit Nano Limited.
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For further information please contact:
Investors
Eric Kuret, Market Eye P: +61 417 311 335 E: [email protected]
Contact
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Office: +972-9-7797832 [email protected] www.weebit-nano.com
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Media – Australia
Tristan Everett, Market Eye P: +61 403 789 096 E: [email protected]
Media – US
Jen Bernier-Santarini, Weebit Nano P: +1 650-336-4222 E: [email protected]
About Weebit Nano Limited
Weebit Nano Ltd. is a leading developer of next-generation semiconductor memory technology. The company’s ground-breaking Resistive RAM (ReRAM) addresses the growing need for significantly higher performance and lower power memory solutions in a range of new electronic products such as Internet of Things (IoT) devices, smartphones, robotics, autonomous vehicles, 5G communications and artificial intelligence.
Weebit’s ReRAM allows semiconductor memory elements to be significantly faster, less expensive, more reliable and more energy efficient than those using existing Flash memory solutions. Because it is based on fab-friendly materials, the technology can be quickly and easily integrated with existing flows and processes, without the need for special equipment or large investments.
See: www.weebit-nano.com or follow us on https://twitter.com/WeebitNano
Weebit Nano and the Weebit Nano logo are trademarks or registered trademarks of Weebit Nano Ltd. in the United States and other countries. Other company, product, and service names may be trademarks or service marks of others.
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Contact Office: +972-9-7797832 [email protected] www.weebit-nano.com