Update on Proposed Joint Venture with Super Apps

MobilityOne (AIM: MBO), the e-commerce infrastructure payment solutions and platform provider, notes that a Form 8-K report was filed by Technology & Telecommunication Acquisition Corporation ("TETE") on 24 January 2025 (the "TETE Filing") which is available for viewing on the United States Securities and Exchange Commission's website ("SEC").

The TETE Filing notes, amongst other matters, the extension of the deadline to complete the Merger Exercise from 20 January 2025 to 20 April 2025.

Part of the text of TETE's announcement is set out below:

"Subsequent to the approval by the shareholders of TETE of the Amendment to TETE's Amended and Restated Memorandum and Articles of Association (the "Charter Amendment"), on January 20, 2025, TETE filed the Charter Amendment with the Registrar of Companies in the Cayman Islands. Pursuant to the Charter Amendment, TETE has the right to extend the date by which it has to consummate a business combination by three (3) months from January 20, 2025 to April 20, 2025 (i.e., for a period of time ending 39 months after the consummation of TETE's initial public offering)."

The Company will release further announcements as and when appropriate.