• Powerful business repositioning leveraging Complexica's AI pedigree
• Optimised product offering with strong complementary synergies
• Accelerated organic growth opportunities via cross-selling and international expansion

Prophecy International Holdings Ltd and Complexica Pty Ltd have announced a transformational merger to create an ASX-listed 'AI pure play' company, to be named Complexica Group Limited (MergeCo). The combination is underpinned by compelling strategic rationale, including a powerful business repositioning leveraging Complexica's AI capabilities, an optimised product offering with strong complementary synergies, accelerated organic growth opportunities via cross-selling and international expansion, and immediately enhanced scale driving increased liquidity, investability and access to capital. MergeCo will be led by Bradley Thomas (Co-CEO), Jonathan Drake (Co-CEO and CFO) and Matthew Michalewicz (Chief Strategy Officer), with a Board consisting of Ed Reynolds (Chairman), Leanne Challans, Matthew Michalewicz and Grant Miles. The Proposed Merger is subject to Prophecy shareholder approval and other customary conditions precedent, and is expected to complete in October 2025. Prophecy also announces the intention to undertake an on-market share buy-back of up to $1.5 million, subject to completion of the Proposed Merger.

The combination of Prophecy and Complexica creates an ASX-listed 'AI pure play' company with enhanced scale, optimised product offerings, and accelerated growth opportunities, positioning it to capitalize on the large and rapidly growing AI market.