Normax plans to use capital finance to scale mRNA Vaccine Research and Development with Vax Factory Manufacturing for Transformative Social Impact on Infectious Diseases, Rare Diseases, Cancers and Pandemic Preparedness

July 11, 2022, 12:00 PM Greenwich Mean Time (GMT) – PRESS RELEASE. NOT AN OFFER. SEE DISCLAIMER.

DUBLIN, Ireland — The mRNA vaccine technology company Normax Biomed Limited (“Normax”), today announced a €300 Million investment commitment from GEM Global Yield LLC SCS (“GEM”), the $3.4 Billion, Luxembourg based, private alternative investment group that focuses on emerging markets with offices in Paris, Nassau (Bahamas) and New York.

Under the agreement, GEM will provide Normax with a Share Subscription Facility (“SSF”) of up to €50 Million for a 36 month term following the public listing of the Normax common stock, and an SSF of up to €250 Million for up to ten specialized Normax Subsidiary Companies (“SPV”) of Normax Group. Normax will control the timing and maximum amount of each drawdown under the facility and has no minimum subscription obligation. Normax plans to list on SIX Swiss Exchange and/or SIX Digital Exchange (SDX) and/or London Stock Exchange with digital Normax mRNA Vaccine and Vax Factory SPV listings on SDX.

The SSF entered into with GEM Global Yield LLC SCS, Luxembourg, and GEM Yield Bahamas Ltd (collectively “GEM”) is a EUR 300 million facility over three (3) years and allows Normax to draw down funds at its option in exchange for Normax common shares. The mechanics of the GEM facility allow for multiple draw-downs, the amount being in a range related to the trading volume and price of the Normax shares. Normax will control the timing and maximum amount of any draw-down, and has the right, not the obligation, to draw down on the full committed amount. The draw-down amount is based on 90% of the average closing price and the average volume of the Normax common shares of the last 15 trading days. The consideration for the GEM facility is due for payment by Normax in twelve months from the listing of the shares on SIX Swiss Exchange and can be paid by way of Normax shares. In addition, GEM has been granted warrants to purchase Normax shares.

“With a very strong, visionary and experienced team, and a strategic cooperation with leading Cancer Hospitals and Oncologists, Normax is developing a revolutionary GMP process pipeline of personalized drug development technologies in combination with advanced artificial intelligence processing of patient data, for rapid delivery of mRNA vaccine immunotherapy for each cancer patient. We are excited to support Normax Biomed in its mission and Oyster is committed to work with Normax investors to bring this transformative product with the potential to transform the lives of cancer patients in the UK.”

Peter A. Jensen, MFA BSc, CEO & Founder of Normax Biomed

About GEM

Global Emerging Markets (“GEM”) is a $3.4 billion alternative investment group that manages a diverse set of investment vehicles focused on emerging markets and has completed over 480 transactions in 70 countries from 5 continents. GEM’s investment vehicles provide the group and its investors with a diversified portfolio of asset classes that span the global private investing spectrum. Each investment vehicle has a different degree of operational control, risk-adjusted return and liquidity profile. Our family of funds and investment vehicles provide GEM and its partners with exposure to: Small-Mid Cap Management Buyouts, Private Investments in Public Equities (PIPEs) and select venture investments. More company information at gemny.com

About Normax

Normax Limited is incorporated in Ireland. Not an offer to invest. See Red Herring Disclosure. More company information can be found at id.normaxbiomed.com

Outbreaks are inevitable. Pandemics are not. The mission of Normax is to participate as a strategic partner in the global ecosystem for transformative research, development and manufacture of safe and effective mRNA vaccines for global public health and pandemic preparedness and prevention.

Vax Factory by Normax. With a focus on partnership and open science, we are developing the future of mRNA Vaccines through shared scientific expertise, agility and innovation, for the COVID-19 pandemic, infectious disease and long-term sustained pandemic preparedness and prevention. Our vision is to create a Freedom to Operate (FTO) ecosystem for mRNA Vaccines, where research and development will co-exist with established GMP manufacturing at large-scale, small-scale and micro-scale.

How mRNA Vaccines Work. mRNA vaccine technology is a transformative new sector of the biopharmaceutical industry which has revolutionized vaccine development through increased speed, safety and cost-effective development leading to the first approved vaccines for the COVID-19 pandemic. mRNA technology allows researchers to fast-track the early stages of vaccine research and development and thereby to produce vaccines faster and more efficiently.

Universal Coronavirus mRNA Vaccine. The goal of the Universal Coronavirus mRNA Vaccine (UCV-mRNA) in development by Normax with Vax Factory and the UCV mRNA Consortium is to help solve the urgent global need for a one-time COVID-19 booster to save lives, to help to control endemic SARS-CoV-2, and to support innovation for future pandemic preparedness.

Tuberculosis mRNA Vaccines. The mission of the Normax Tuberculosis mRNA Vaccine project is to deliver a vaccine in record time with a functional test to save lives. It is easier, safer and cheaper to produce a safe and effective vaccine for Bovine tuberculosis first, since M. bovis which causes Bovine tuberculosis is 99% the same Mycobacterium which causes Tuberculosis in humans and because challenge trials for animals are a faster and more efficient to prove safety and efficacy, for future pandemic preparedness.

End Transmission of TB and HIV by 2050. Tuberculosis (TB) is endemic and about 1.4 million people die every year from TB with the cost estimated at sixty-five billion dollars per year. HIV is endemic and about 1 million people die every year from complications of HIV/AIDS with the cost also estimated at sixty-five billion dollars per year. GOAL 2050 is the global campaign to end the transmission of Tuberculosis and HIV by 2050.

Normax AAA mRNA Vaccine Bond. The initial investment for GOAL 2050 is planned to be generated from private investment in the Normax AAA mRNA Vaccine Bond (Normax-AAA) up to eight hundred million euros. The AAA bond finance will be used for development and manufacturing of transformative mRNA vaccines in the new Vax Factory with modular localized mRNA vaccine factory scaling model. NOT AN OFFER TO INVEST.

Normax Story in 1-6 minutes: mRNA Vaccine R&D and Manufacturing

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Investor Contact
Normax Biomed Limited
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DISCLAIMER. NOT FOR PUBLICATION OR DISTRIBUTION IN ANY JURISDICTION IN WHICH SUCH PUBLICATION OR DISTRIBUTION WOULD NOT BE IN COMPLIANCE WITH APPLICABLE LAWS AND REGULATIONS. THIS MEDIA RELEASE SERVES INFORMATIONAL PURPOSES AND CONSTITUTES NEITHER AN OFFER TO SELL NOR A SOLICITATION OR AN ADVERTISEMENT TO BUY ANY SHARES OF NORMAX BIOMED LTD. IN ANY JURISDICTION. This Media Release does not constitute a prospectus for the purposes of the listing of shares of Normax Biomed Ltd. This media release and the information contained therein are not being issued in the United States of America, Australia, Canada, Japan, or the European Economic Area and must not be distributed within or to such countries or via publications with a general circulation in such countries. This Media Release is directed only at and may only be communicated to persons: (a) if in an EEA member state, who are qualified investors within the meaning of Article 2(e) of the Prospectus Regulation (“Qualified Investors”); (b) in the United Kingdom who (i) have professional experience in matters relating to investments who fall within the definition of “investment professionals” in Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion). Order 2005 as amended (the “FPO”) or fall within the definition of “high net worth companies, unincorporated associations etc” in Article 49(2)(a) to (d) of the FPO and (iii) are “qualified investors” as defined in Article 2(e) of the Prospectus Regulation as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018; and (c) otherwise to whom it may otherwise lawfully be communicated. This Media Release contains forward-looking statements such as projections, forecasts, and estimates. Such forward-looking statements are subject to certain risks and uncertainties which may cause actual results, performance, or events to differ materially from those anticipated in this media release. The forward-looking statements contained in this media release are based on the views and assumptions of Normax Biomed Ltd. as of this date and Normax Biomed Ltd. does not assume any obligation to update or revise this media release.