Company: MOBBW
Filing Date: 2025-03-27
Form Type: 20-F
Source: 0001013762-25-003365
Chunk: 143

Company: Mobilicom Ltd
Filing Date: 2025-03-27
Form: 20-F
Item: Item 19
Chunk 143
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4, in a concurrent private
placement, the Company issued to the investors in the registered direct offering warrants to purchase up to an aggregate of1,903,225ADS at an exercise price of $1.55per ADS. The warrants have 5-year term, and they can be exercised any time before expiry date 30 January
2029. The warrants may be exercised on a cashless basis if there is no effective registration statement registering the ADSs underlying
the warrants.

In addition, on 30 January 2024, in connection with the
registered direct offering, the Company granted a total95,161placement agent warrants each exercisable to one ADS at an exercise price
of $1.55. The placement agent warrants have 5-year term, and they can be exercised any time before expiry date 30 January 2029. The placement
agent warrants may be exercised on a cashless basis if there is no effective registration statement registering the ADSs underlying the
warrants.

During December 2024,761,290private placement warrants
were exercised for a total of $1,180,000.

The pre-funded warrant, private placement warrants, and
placement agent warrant are referred herein together as “ January 2024 Warrants”. The January 2024 Warrants represent financial
liabilities at fair value through profit or loss.

The following assumptions were based on observable market
conditions that existed on December 31, 2024 and issue date:

                                    At December 31, 2024                                         At issue date                        
  Assumption Value methodology      Pre-funded                           Regular                 Pre-funded                           
                                    Level 2                              Level 2                 Level 2                              
 ──────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Historical volatility                                          92                      92                            86         86  
  Exercise price                    $                         0.000      $            1.550      $                  0.000      1.550  
  Share price                       $                         3.810      $            3.810      $                  0.965      0.965  
  Risk-free interest rate                                       4.4                     4.4                           4.3        4.3  
  Dividend yield                                                  0                       0                             0          0  
  Fair value per warrant            $                         3.810      $            2.260      $                  0.965      0.406