Thinkific Announces Renewal of Shelf Prospectus

VANCOUVER, BC , Nov. 14, 2023 /CNW/ - Thinkific Labs Inc. ("Thinkific" or the "Company") (TSX: THNC), a leading platform for creating, marketing and selling online learning products, announces that it has obtained a receipt for a final short form base shelf prospectus ("Final Shelf Prospectus") from the securities regulators in each province and territory of Canada. This filing replaces the previous base shelf prospectus of the Company, filed on October 13, 2021.

The Final Shelf Prospectus enables Thinkific to offer up to C$300 million of subordinate voting shares, preferred shares, debt securities, warrants, subscription receipts, and/or units, or any combination thereof (collectively, the "Securities") from time to time over a 25-month period. Should Thinkific offer any Securities, it will make a prospectus supplement available that will include the specific terms of the Securities being offered.

A copy of the Final Shelf Prospectus may be obtained from Thinkific, Attention: Corporate Secretary via email at [email protected] or under the Company's SEDAR+ profile at www.sedarplus.ca.

This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities in any jurisdiction.

About Thinkific

Thinkific (TSX:THNC) makes it simple for Creator Educators and established businesses of any size to scale and generate revenue by teaching what they know. Our Platform gives businesses everything they need to build, market, and sell digital learning products - from courses to communities -  and to run their business seamlessly under their own brand, on their own site. Thinkific's 50,000+ active creators earn hundreds of millions of dollars in direct course, membership and community sales while teaching tens of millions of students. Thinkific is headquartered in Vancouver, Canada, with a distributed team.

For more information, please visit www.thinkific.com.

This news release includes forward-looking statements and forward–looking information within the meaning of applicable securities laws ("forward-looking statements"). Often, but not always, forward–looking information can be identified by the use of words such as "plans", "is expected", "expects", "scheduled", "intends", "contemplates", "anticipates", "believes", "proposes" or variations (including negative and grammatical variations) of such words and phrases, or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. Forward-looking statements in this news release include statements regarding the Company's potential plans for future offerings and the benefits of any such future offerings.  Such statements and information are based on the current expectations of Thinkific's management, and are based on assumptions and subject to risks and uncertainties. Although Thinkific's management believes that the assumptions underlying these statements and information are reasonable, they may prove to be incorrect. Except as required by applicable securities laws, forward–looking statements and information speak only as of the date on which they are made and Thinkific undertakes no obligation to publicly update or revise any forward–looking statement or information, whether as a result of new information, future events or otherwise.

SOURCE Thinkific Labs Inc.

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