Company: MOBBW
Filing Date: 2025-03-27
Form Type: 20-F
Source: 0001013762-25-003365
Chunk: 30

Company: Mobilicom Ltd
Filing Date: 2025-03-27
Form: 20-F
Item: Item 3
Chunk 30
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 comply with the requirements of the Israeli Encouragement of Industrial Research, Development and
Technological Innovation Law, 1984, as amended, and related regulations, or the Research Law, with respect to those past grants. When
a company develops know-how, technology or products using IIA grants, the terms of these grants and the Research Law restrict the transfer
of such know-how, and the transfer of manufacturing or manufacturing rights of such products, technologies or know-how outside of
Israel, without the prior approval of the IIA. We may not receive those approvals. Furthermore, the IIA may impose certain conditions
on any arrangement under which it permits us to transfer technology or development. This may restrict our ability to move the production
of our products outside of Israel, or to sell intellectual property and other know-how.

We may be subject to the risks associated
with the Israeli Law for the Encouragement of Industrial Research and Development 5744-1984 (R& D Law).

While our products currently
are not required to comply with any regulatory obligations in Israel, the R& D Law, as amended, and related regulations, may restrict
our ability to move the production of products developed using grants received from the IIA. We received Israeli government grants from
the IIA for certain of our research and development activities, the terms of which may require us to pay royalties and to satisfy specified
conditions in order to manufacture products and transfer technologies outside of Israel. If we fail to satisfy these conditions, we may
be required to pay penalties and refund grants previously received. Such failure may also result in incarceration sentence. As of December
31, 2024, we have received grants of $2.46 million.

Risks Related to the Ownership of our ADSs or
Our Ordinary Shares

The market price and trading volume of our
ADSs may be volatile and may be affected by economic conditions beyond our control.

The market price of our ADSs
may be highly volatile and subject to wide fluctuations. In addition, the trading volume of our ADSs may fluctuate and cause significant
price variations to occur. If the market price of our ADSs declines significantly, you may be unable to resell your ADSs at or above the
purchase price, if at all. We cannot assure you that the market price of our ADSs will not fluctuate or significantly decline in the future.

Some specific factors that
could negatively affect the price of our ADSs or result in fluctuations in their price and trading volume