Mobilicom to Transition its ADSs to Ordinary Shares on Nasdaq in Line with Company's U.S.-Based Global Growth Strategy

Core Viewpoint - Mobilicom Limited will transition its American Depositary Shares (ADSs) to a direct listing of ordinary shares on the Nasdaq Capital Market, effective December 8, 2025, enhancing accessibility for investors and aligning with U.S. index inclusion requirements [1][2][4]. Group 1: Transition Details - The transition from ADSs to ordinary shares aims to streamline the corporate structure and improve accessibility for U.S. investors by eliminating the ADR program, which reduces administrative complexities and depositary fees [3][5]. - The ADR program and related Deposit Agreement will terminate after market closes on December 5, 2025, coinciding with a 1-for-275 reverse share split, where each holder of one ADS will receive one ordinary share [4][5]. Group 2: Benefits for Investors - The direct listing will facilitate eligibility for core U.S. indices and ETFs that exclude ADRs, broadening access for institutional and retail investors [2][3]. - Shareholders will benefit from direct ownership and a clearer path to U.S. index inclusion, enhancing trading efficiency and reducing costs for both shareholders and the company [2][3]. Group 3: Company Overview - Mobilicom is a provider of cybersecurity and robust solutions for the defense and commercial drones and robotics market, with a portfolio that includes cybersecurity, software, hardware, and professional services [6]. - The company has established deployments globally with over 50 customers, including major drone manufacturers, indicating a strong market presence [6].