Tropical Battery : “TROPICAL”) – Further Extension of Additional Public Offering (APO)

• June 20, 2025
• 4:44 pm

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Tropical Battery Company Limited ("TROPICAL") advises that, following requests from several institutional and other prospective investors for additional time to complete their internal investment processes, the Company has elected to extend the Closing Date of its Additional Public Offering (APO).

After consulting with its lead brokers, NCB Capital Markets Limited and Sagicor Investments Jamaica Limited, TROPICAL has approved a further extension of the APO Closing Date from Friday, June 20, 2025, to on or before Friday, July 4, 2025, at 4:30 PM.

This extension underscores TROPICAL's commitment to enabling broad-based investor access and ensuring that all interested parties have adequate time to participate in this significant capital-raising initiative.