Company: MOBBW
Filing Date: 2025-03-27
Form Type: 20-F
Source: 0001013762-25-003365
Chunk: 10

Company: Mobilicom Ltd
Filing Date: 2025-03-27
Form: 20-F
Item: Item 3
Chunk 10
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, cause us to
incur debt or assume contingent liabilities, and subject us to other risks.

As part of our overall business
strategy, we may in the future pursue select strategic acquisitions or strategic partnership that would provide additional product or
service offerings, additional industry expertise, and a stronger industry presence in both existing and new jurisdictions. As of the date
of this Annual Report on Form 20-F we have no such agreement or understanding. Any such future acquisitions or strategic partnership,
if completed, may expose us to additional potential risks, including risks associated with:

  increased operating expenses and cash requirements;  
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  the assumption of additional indebtedness or contingent liabilities;  

  the issuance of our equity securities;  

  assimilation of operations, intellectual property and products of an acquired company, including difficulties associated with integrating new personnel;  

  the diversion of our management’s attention from our existing product programs and initiatives in pursuing such a strategic merger or acquisition;  

  retention of key employees, the loss of key personnel and uncertainties in our ability to maintain key business relationships;  

  risks and uncertainties associated with the other party to such a transaction, including the prospects of that party and their existing products; and  

  our inability to generate revenue from acquired technology and/or products sufficient to meet our objectives in undertaking the acquisition or even to offset the associated acquisition and main...  

Our inability to assure retention of management
and key employees could impair our future success.

Our future success depends
substantially on the continued services of our executive officers and our key development, business and operation personnel. If one or
more of our executive officers or key development personnel were unable or unwilling to continue in their present positions, we might
not be able to replace them easily or at all. In addition, if any of our executive officers or key employees joins a competitor or forms
a competing company, we may lose experience, know-how, key professionals and staff members as well as business partners. These executive
officers and key employees could develop drone and robotics cybersecurity and smart solutions technology components and services that
could compete with and take customers and market share away from us.

A significant growth in the number of personnel
would place a strain upon our management and resources.

We may experience a period
of significant growth in the number of personnel that could place a strain upon our management systems and resources. Our future will
depend in part on the ability of our officers and other key employees to implement and improve financial and management