Media technology

Integrated Media Technology Limited announces direct registered offer of ordinary shares


SYDNEY, HONG KONG AND NEW YORK, March 23, 2021 / PRNewswire / – Integrated Media Technology Limited (NASDAQ: IMTE) (“IMTE” or the “Company”), today announces that it has entered into a securities purchase agreement with a qualified investor for the issuance and the sale under a registered direct offer of 708,000 ordinary shares of the Company (“Ordinary Shares”) at the price of US $ 6.50 per share (the “Cash Offer”) totaling 4,602,000 USD , which will generate net cash proceeds of approximately US $ 4,577,000 Net of estimated expenses related to the offer. The transaction is expected to close on March 25, 2021.

The Company intends to use the net cash proceeds for the further development of its switchable glass, unplated filters and financial research businesses and general working capital.

Mr. Con Unerkov, President of IMTE, said: “This is a positive step to further strengthen the capital base of the Company, as the proceeds from the sale of the shares will mainly be used to expand the development of the Company. our operations ”.

The Offer is being made in accordance with the Company’s “shelf” registration statement on Form F-3 (File No. 333-227741), as filed with the Securities and Exchange Commission (“SEC”) on October 9, 2018 and declared effective by the SEC on October 19, 2018. Ordinary Shares are only offered United States by means of a prospectus supplement. The prospectus supplement and accompanying prospectus relating to the registered direct offering should be filed with the SEC on March 25, 2020. Electronic copies of the prospectus supplement and accompanying prospectus relating to the registered direct offering may be obtained, when available, on the SEC’s website at

This press release does not constitute an offer to sell or the solicitation of an offer to buy, and there will be no sale of such securities in any state or jurisdiction in which such an offer, solicitation or sale would be illegal. prior to registration or qualification under the securities laws of any such state or jurisdiction. The securities are offered only by means of a prospectus, including a prospectus supplement and an accompanying base prospectus, forming part of the actual registration statement.

The Company advises investors to review all transaction details in the report on Form 6-K to be filed with the SEC or in the investor relations section of the Company’s website.

About Integrated Media Technology Limited (“IMTE”)

IMTE is an Australian company engaged in the business of glasses-less 3D display (also known as autostereoscopic 3D), the manufacture and sale of nano-coated plates for air filters, the sale of electronic glass and the credit risk analysis research. For more information, please visit

Safe Harbor Declaration

This press release contains certain statements which may include “forward-looking statements”. All statements other than statements of historical fact included herein are “forward-looking statements”. These forward-looking statements are often identified by the use of forward-looking terminology such as “believes”, “expects” or similar expressions, involving known and unknown risks and uncertainties. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, they involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The actual results of the Company could differ materially from those anticipated in these forward-looking statements due to various factors, including those discussed in the Company’s periodic reports which are filed with the Securities and Exchange Commission and available on its website ( All forward-looking statements attributable to the Company or to persons acting on its behalf are expressly qualified in their entirety by these factors. Except as required by securities laws, the Company assumes no obligation to update these forward-looking statements.


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