Company: MOBBW
Filing Date: 2025-03-27
Form Type: 20-F
Source: 0001013762-25-003365
Chunk: 31

Company: Mobilicom Ltd
Filing Date: 2025-03-27
Form: 20-F
Item: Item 3
Chunk 31
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 include:

  actual or expected fluctuations in our operating results;  

  changes in market valuations of similar companies;  
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  changes in our key personnel;  
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  changes in financial estimates or recommendations by securities analysts;  
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  trading prices of our ADSs on the Nasdaq Capital Market, or Nasdaq;  

  changes in trading volume of ADSs on Nasdaq;  
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  sales of our ADSs or ordinary shares by us, our executive officers or our shareholders in the future; and  

  conditions in the financial markets or changes in general economic conditions.  
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You may be subject to limitations
on transfer of our ADSs

Our ADSs are only transferable
on the books of the depositary. However, the depositary may close its transfer books at any time or from time to time when it deems expedient
in connection with the performance of its duties. In addition, the depositary may refuse to deliver, transfer or register transfers of
ADSs generally when our books or the books of the depositary are closed, or at any time if we or the depositary deem it advisable to do
so because of any requirement of law or of any government or governmental body, or under any provision of the Deposit Agreement, or for
any other reason.

A shareholder’s holding may be diluted
if we issue additional shares or other securities in the future.

We may issue additional ordinary
shares or other securities in the future, which may dilute your holding in us. Our Constitution permits the issuance of an unlimited number
of securities, subject to certain capacity restrictions and security-holders have no pre-emptive rights in connection with further issuances
of any securities. Our directors have the discretion to determine if an issuance of ordinary shares or other securities is warranted,
the price at which any such securities are issued and the other terms of issue of such securities. In addition, we may issue additional
ordinary shares upon the exercise of warrants to acquire ordinary shares under our share incentive plan, which will result in further
dilution. In addition, the issuance of ordinary shares or other securities in any potential future acquisitions, if any, may also result
in further dilution to your interests.

As a foreign private issuer, we are permitted