Company: MOBBW
Filing Date: 2025-03-27
Form Type: 20-F
Source: 0001013762-25-003365
Chunk: 67

Company: Mobilicom Ltd
Filing Date: 2025-03-27
Form: 20-F
Item: Item 5
Chunk 67
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 obligations
of $200,604.

Other than the foregoing commitments,
legal contingencies incurred in the normal course of business and employment contracts for key employees, we do not have any off-balance
sheet financing arrangements or liabilities. We do not have any majority-owned subsidiaries or any interests in or relationships with
any variable-interest entities that are not included in our consolidated financial statements.

Recent Offering

In
February 2025, we entered into an At-The-Market Sales Agreement, or the Sales Agreement, with ThinkEquity
LLC, as sales agent, or ThinkEquity, pursuant to which we may offer and sell, from time to time through ThinkEquity our ADSs having an
aggregate offering price of up to $10.0 million. We will pay ThinkEquity a fixed commission
rate in cash equal to 3.0% of the aggregate gross proceeds from each sales of the ADSs sold pursuant to the Sales Agreement. As
of the date hereof, we sold 7,557 ADSs pursuant to the Sales Agreement for aggregate gross proceeds of approximately $22,276.

On January 25, 2024, we entered into a definitive securities purchase
agreement with investors in connection with the issuance and sale in a registered direct offering and concurrent private placement, or
the January 2024 Offering, of (i) 486,871 ADSs, (ii) pre-funded warrants to purchase 1,416,354 ADSs and (iii) unregistered common warrants
to purchase up to 1,903,225 ADSs. The pre-funded warrants are immediately exercisable at an exercise price of $0.001 per ADS and will
not expire until exercised in full. The unregistered common warrants have an exercise price of $1.55 per ADS (subject to adjustments as
set forth therein), are immediately exercisable, and expire five years from the date of issuance. These warrants include a cashless exercise
provision and repricing provisions, under certain circumstances. The aggregate gross proceeds from the January 2024 Offering were $2.95
million prior to deducting offering expenses payable by us. The January 2024 Offering closed on January 30, 2024. As of the date hereof,
the pre-funded warrants were exercised in full on a cashless basis and warrants to purchase 761,290 ADSs were exercised into 761,290 ADSs
for aggregate gross proceeds of approximately $1.18 million.

C. Research and development,