Financing type: best efforts prospectus offering
Gross proceeds: $2,060,385.60
Offering: 566,040 listed shares with 566,040 warrants (These unregistered warrants were issued pursuant to a concurrent private placement to the same subscribers.)
Offering price: $3.64 per listed share
Warrant exercise terms: $4.27 per listed share for a five-year period
Commissions in securities: H.C. Wainwright & Co., 42,453 agent's warrants
Commission terms: Each non-transferable warrant is exercisable at $4.55 for a five-year period.
Disclosure: Refer to the shelf registration statement on Form F-3 (file No. 333-277196) that was filed with the U.S. Securities and Exchange Commission (SEC) on Feb. 20, 2024, and declared effective by the SEC on March 4, 2024, the company's prospectus supplement dated Dec. 17, 2025, filed pursuant to Rule 424(b)(5), and the company's news releases dated Dec. 17, 2025, and Dec. 18, 2025.
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