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Adrabbit Ltd V.RABI

Adrabbit Ltd, former AppsVillage Australia Limited is an Israel-based company that has developed a Software-as-a-Service (SaaS) cloud-based platform that provides small-to-medium businesses with a way to develop their own branded mobile business applications as a means of connecting with their clients. The Company’s platform enables small-to-medium businesses to create, manage and share their own apps to enable marketing and sales for their products and services through its personal mobile apps channel. Its SaaS platform is based on a subscription model of monthly or annual fees. Its technology has automated the app design, development, maintenance and marketing, allowing businesses to create, preview and launch their mobile apps without having to write any code. Its mobile application features graphics to create promotions, push notifications, booking functions, cashback solutions, loyalty rewards, online chat, and online sales and coupons.


TSXV:RABI - Post by User

Comment by Loonyon Oct 21, 2023 8:54pm
31 Views
Post# 35695010

RE:Will Canadian Register Control+A-Labs Acquire t42?

RE:Will Canadian Register Control+A-Labs Acquire t42?30.62% ownership vs. 29.5%?
https://www.marketindex.com.au/asx/rab


Canadian Register Control A/C 56,885,502 30.62%

https://markets.ft.com/data/equities/tearsheet/summary?s=TRAC:LSE

The Loan, together with accrued interest at the time of conversion, may be converted, at the discretion of the Lender, at any time prior to the Loan repayment date of 20 January 2025, into such number of new t42 ordinary shares as corresponds to 29.5% of the Company's issued ordinary share capital immediately following such conversion. The Loan may be converted in part, on a pro rata basis to the above terms.
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