Orcoda Limited Share Purchase Plan

The Directors of Orcoda Limited (“Orcoda”) are pleased to offer you the opportunity to participate in our Share Purchase Plan (SPP).

The SPP seeks to raise approximately $1.3m and will fund additional asset purchases to service the company’s new contracts in the Health Care division. This includes a recently secured long term contract with a leading pathology company (name withheld) to provide fleet management services powered by Orcoda’s proprietary logistic management technology. Following another record half-yearly result in H1 FY22, Orcoda expects continued growth under this vertical strategy in addition to new opportunities in the smart poles/infrastructure division.

Each Eligible Shareholder is being given the opportunity to support Orcoda development and apply for up to $30,000 at $0.12 per new fully paid ordinary share.

Why is ODA doing an SPP?

Investing in assets and supporting new contracts

The Company has chosen to fund the next stage of its journey through an SPP in order to ensure our diverse shareholder base has the opportunity to participate and benefit from the offer.

We are raising funds to purchase vehicles and service our new Health Case division contracts at scale. Combined with proceeds from our recently completed placement, we will be in a strong position to generate long term value from these contracts and secure further growth.

What is an SPP?

A way for existing shareholders to support the journey

A SPP allows companies to issue up to $30,000 of new shares to existing shareholders without the need for a prospectus.

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Why take part in this SPP?

Grow Orcoda’s capacity to service value accretive contract wins

We are entering a busy period of developments of commercial opportunities

Orcoda is a technology and industrial company leveraging proprietary logistic management software across business verticals in natural resources, infrastructure, healthcare logistics and transportation.

Orcoda’s cloud SaaS logistic management solutions deliver real-time routing, scheduling and AI optimisation capabilities for managing and booking people, parcels and goods onto the assets they travel in with patent coverage in Australia and the USA.

$8.2m income and $1.1m consolidated EBITDA generated in 1H FY22, marking a successful turnaround of the business following the 2018 restructuring of Orcoda under current management.

Vision is for full integration of platforms via an intelligent transport management system incorporating Orcoda’s smart poles development for smart city infrastructure applications incorporating AI, AR, ML, IoT and VR tech.

Our team is here to help

If you have additional questions about the offer, please submit your questions below and one of our Directors will be in touch with you shortly

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