US$10m for Mocaverse

Details of raise
Animoca Brands is issuing Simple Agreements for Future Equity (SAFEs) withvarious sophisticated and professional investors to raise a total ofUS$10,000,000 (approximately. A$15.4 million) at the price of A$4.50 per share.The SAFEs will be automatically converted to ordinary shares after six months.The number of new shares to be issued will be determined by the AUD:USDexchange rate at the time of settlement. The Company's number of currentoutstanding fully paid ordinary shares is 1,923,933,217. As part of the raise,the Company has granted to participating investors a free-attaching utilitytoken warrant on a 1:1 dollar basis with a 30-month vesting schedule, priced atUS$0.113 per token based on a fully diluted value (FDV) for MOCA Coin of US$1billion.