Locafy Ltd entered into a definitive agreement to acquire the assets and customer base of Map Labs, a U.S.-based maps marketing software and services business, for total potential cash consideration of up to US$3.0 million, subject to customary closing conditions. The acquisition is scheduled to close on or before December 31, 2026. The deed provides for US$2.0 million at settlement, with two potential US$500,000 payments tied to 2027 and 2028 revenue targets. For each year, Actual Revenue above target triggers US$500,000; revenue from 90% to 100% of target triggers a pro-rata payment, and below 90% triggers no payment. The targets are US$3,851,500 for 2027, prorated evenly from settlement to December 31, and US$4,760,500 for 2028.
Completion is conditional on Locafy’s board approval and no event or change reducing the value of the Business Assets or the Business’s financial performance by more than US$200,000. Assets include Map Labs’ technology, software, intellectual property, and customer contracts and relationships. Locafy believes the acquisition is expected to materially increase its revenue and operating profitability. It plans to introduce automation into selected workflows during the initial 90-day transition period; the sellers must arrange transition and handover assistance for three months after settlement at no cost to Locafy.
John Joseph Chegwidden reported acquisition or exercise transactions in this Form 4 filing. Locafy Ltd issued 13,216 ordinary shares on September 24, 2026, in settlement of accrued and unpaid director fees owed to director John Joseph Chegwidden. The shares are held of record by Ausnom Pty Ltd as trustee for the J & K Chegs Share Trust, at a deemed issue price of $2.43 per share. The reported indirect holding following the transaction was 31,124 shares.
Gavin Burnett reported acquisition or exercise transactions in this Form 4 filing. Locafy Ltd reported issuing 7,126 ordinary shares, held of record by Gavin Geoffery Burnett and Justine Anne Burnett as trustees for the Burnett Family Trust, and 4,880 ordinary shares held by them for The Big Superannuation Fund on September 24, 2026. The shares settled accrued and unpaid employment compensation in lieu of cash at a deemed issue price of $2.43 per share; the issuance was approved by the board. Gavin Burnett was identified as Chief Executive Officer and a director.
Locafy Limited is establishing a shelf registration on Form F-3 permitting primary offerings of up to $100 million of ordinary shares, preference shares, warrants, subscription rights and units, with terms to be set in future supplements. Within this shelf, the company may sell up to $588,883 of ordinary shares through an at-the-market sales agreement with H.C. Wainwright & Co. on Nasdaq.
As of June 2026, public float was about $7.28 million, based on 1,829,701 ordinary shares held by non-affiliates at $3.98 per share, limiting sales under Form F-3 to one‑third of this amount in any 12‑month period. At March 31, 2026, Locafy reported cash and cash equivalents of A$1,441,709 and total capitalization of A$4,739,268. Proceeds from future offerings may be used to commercialize and further develop its SEO‑focused SaaS technology, reduce debt, pursue strategic acquisitions, and for working capital and general corporate purposes.
Locafy is an Australian emerging growth company and foreign private issuer whose technology automates creation of search‑optimized web pages and supports visibility in traditional and AI search. Its ordinary shares and IPO warrants trade on Nasdaq under the symbols LCFY and LCFYW.
Locafy Limited reported strong progress for the first nine months of fiscal 2026, with revenue rising 31% to AUD 3.11 million compared with the prior-year period. Subscription revenue grew 36% to AUD 3.0 million, reflecting demand for the company’s core SEO and AEO software products.
Operating expenses fell 13%, helping narrow the net loss to AUD 2.24 million, an improvement of AUD 1.3 million or 36% year over year. Cash and cash equivalents increased to AUD 1.44 million as of March 31, 2026, supported by positive operating cash flow of AUD 0.06 million and equity raises totaling AUD 2.76 million. Management highlighted preparations to launch its new Poseidon AEO SaaS platform, targeted for July 2026, as a key future growth driver.
Locafy Ltd Chief Operating Officer Jason Dale Jackson reported an open-market purchase of ordinary shares. On this transaction date, he bought 9,285 ordinary shares at $4.20 per share. After the purchase, he directly owned 11,050 ordinary shares of Locafy Ltd.
Locafy Ltd executive Jason Dale Jackson, the Chief Operating Officer, has reported his initial beneficial ownership on a Form 3. He directly holds 1,765 Ordinary Shares of Locafy, reflecting his personal equity stake in the company as of the reported date.
Locafy Ltd director John Joseph Chegwidden has filed an initial Form 3 detailing his beneficial ownership in the company. The filing reports indirect ownership of 17,908 Ordinary Shares, held through the J & K Chegs Share Trust.
This Form 3 does not show a new purchase or sale, but instead establishes Chegwidden’s existing indirect equity position via the trust structure.
Locafy Ltd director Ranko Matic filed an initial ownership report showing indirect holdings of Ordinary Shares. The filing lists 750 Ordinary Shares held indirectly and a separate indirect position of 1,180 Ordinary Shares.
Both positions are reported as indirect, with footnotes referencing Consilium Corporate Advisory Pty. Ltd. and the Cavalier Trust.