ROCKETBOOTS LIMITED (ROC)

The suspension of trading in the securities of RocketBoots Limited is expected to be lifted from the commencement of trading on Friday, 7 June 2024 following the release by ROC of an announcement regarding its cash flow position.

The Company releases a cash flow position update. It is expecting to increase its level of operating cash flows. The entity is expecting further cash inflows coming from trial work already invoiced, long term customer annual renewals, new contract conversions, new trials as well as government grants. Furthermore, the Company confirms its solvency holding approximately $775,000 in cash and reports that the estimated quarters of funding strictly available as at the date of this announcement is approximately 1.03. The Company sees further upside to its possible cash inflows in the near term from the conversion of its existing growing pipeline to paid trials. The Company does not expect a need to raise capital in the near term based on this business progress and remains focused on sales of its software suite and in particular, the conversion of the 8 trials currently underway into scales site contracts.

The company releases its application for quotation of securities.

The company releases its prospectus with a placement of up to 10,400,000 New Shares at an issue price of $0.08 per New Share to raise a maximum of approximately $832,000 before costs.

The company releases its Investor Presentation.

The company has secured commitments to raise $832,000 at $0.08 per share through a placement of 10,400,000 shares, with Tyford Hawk Australia Pty Ltd acting as lead manager. The securities will be issued under ASX Listing Rule 7.1 and will rank equally with other fully paid ordinary shares. The proceeds will fund working capital for expansion, trials, and contract negotiations.

The company releases the results of extraordinary general meeting.

The company releases an application for quotation of securities.

The company has completed its Share Purchase Plan. The SPP allowed eligible shareholders with registered addresses in Australia and New Zealand to apply for up to $30,000 of new fully paid ordinary shares at a price per share of $0.10. The price represents a 9.1% discount to the last traded price and the 5-day volume weighted average price of the Company's ordinary shares. The SPP was closed on 1 May 2024, raising $120,000 and issuing 1,200,000 new shares. All valid applications received were accepted in full. The SPP follows a successful placement to sophisticated international and domestic investors, raising $355,500. Proceeds from the placement and SPP will fund the Company's working capital requirements and operational costs of previously announced trials in the UK, USA, Australia, and New Zealand. The SPP shares will be issued no later than 8 May 2024, with quotation on the ASX expected the following day.

The securities of RocketBoots Limited were suspended from quotation under Listing Rule 17.5 on Wednesday, 1 May 2024 for not lodging the relevant periodic report by the due date. ROC's securities will continue to be suspended under Listing Rule 17.3 until such time that ASX is satisfied with ROC's compliance with the Listing Rules, including Listing Rule 12.2, and that it is otherwise appropriate for ROC's securities to be reinstated to quotation.

The securities of the company will be suspended from quotation under Listing Rule 17.5 from the commencement of trading today, Wednesday, 1 May 2024, for not lodging the relevant periodic report by the due date. If the report is lodged between the closure of the market announcements office on Tuesday, 30 April 2024, and the imposition of the suspension, the entity's securities will normally be reinstated to quotation on the next trading day after the suspension is imposed.

The company lodges its Quarterly Activities/Appendix 4C Cash Flow Report.

listed entity carried for record purposes only