Overview of Way2Vat's SPP Shares and Options offering

Way2Vat Ltd (ASX: $W2V) is offering up to 45,454,545 SPP Shares at A$0.022 per SPP Share under a share purchase plan, accompanied by two free attaching SPP Options for every three SPP Shares issued. The company is also offering up to 128,787,878 Placement Options and up to 42,297,087 Convertible Note Options, subject to Shareholder approval. The Prospectus, dated 20 March 2024, provides important information on the offers and is available in electronic form to eligible persons within Australia.

Executive Commentary on Way2Vat's Offering

The Company is seeking Shareholder approval for the issues of the SPP Securities, the Shares under the Tranche 2 Placement, the Placement Options, the Convertible Note Shares, and the Convertible Note Options at a General Meeting scheduled for Wednesday, 10 April 2024. The SPP Offer is non-renounceable, and eligible Shareholders can apply for a maximum of A$30,000 worth of SPP Shares and SPP Options. The closing date for the Offers is 7:00pm (AEST) on Friday, 12 April 2024, and late applications will not be accepted. The Company reserves the right to scale back applications and reject any Application for SPP Securities under the SPP Offer.

Summary of Way2Vat's SPP Shares and Options Offering

Way2Vat Ltd (ASX: $W2V) is offering SPP Shares and Options, subject to Shareholder approval. The Prospectus, dated 20 March 2024, provides detailed terms and conditions for the offers. The SPP Offer is non-renounceable, with a maximum application limit for eligible Shareholders. The closing date for the Offers is 7:00pm (AEST) on Friday, 12 April 2024. Interested parties should refer to the full announcement for detailed terms and conditions. The Company is also seeking Shareholder approval for various issues at a General Meeting scheduled for Wednesday, 10 April 2024.