Intelligent Bio Solutions has entered into an At The Market (ATM) Offering Agreement with Ladenburg Thalmann & Co. Inc. on September 18, 2024. Under the agreement, the company may sell shares of its common stock through Ladenburg with an aggregate sales price of up to $3 million. The proceeds will be used for working capital and general corporate purposes.The sales will be conducted under the company's effective S-3 shelf registration statement and related prospectus supplement. Ladenburg will receive a 3% commission on gross proceeds from share sales and up to $75,000 in initial legal fees, plus ongoing diligence fees. The offering will be made through at-the-market sales or privately negotiated transactions.Either party can terminate the agreement with notice - five business days for the company or two business days for Ladenburg. The company is not obligated to make any sales, and actual sales will depend on market conditions and capital needs. The offering will terminate upon reaching the aggregate amount or earlier termination by either party.

Intelligent Bio Solutions has entered into an At The Market (ATM) Offering Agreement with Ladenburg Thalmann & Co. Inc. on September 18, 2024. Under the agreement, the company may sell shares of its common stock through Ladenburg with an aggregate sales price of up to $3 million. The proceeds will be used for working capital and general corporate purposes.The sales will be conducted under the company's effective S-3 shelf registration statement and related prospectus supplement. Ladenburg will receive a 3% commission on gross proceeds from share sales and up to $75,000 in initial legal fees, plus ongoing diligence fees. The offering will be made through at-the-market sales or privately negotiated transactions.Either party can terminate the agreement with notice - five business days for the company or two business days for Ladenburg. The company is not obligated to make any sales, and actual sales will depend on market conditions and capital needs. The offering will terminate upon reaching the aggregate amount or earlier termination by either party.