Thinkific Announces Closing of Approximately C$450,005 of Remaining Exercise of Secondary Offering Over-Allotment Option

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VANCOUVER, BC, July 10, 2025 /CNW/ - Thinkific Labs Inc. ("Thinkific" or the "Company") (TSX: THNC), a leading learning commerce platform, today announced that further to the previously announced closing of the secondary bought deal offering (the "Secondary Offering") of common shares of Thinkific ("Common Shares"), held by the Rhino Group, through Rhino Co-Invest 1 Limited Partnership, Vancouver Founder Fund (VCC) Inc., Vancouver Founder Fund Limited Partnership and VFF II Limited Partnership (collectively, "Rhino Group"), the syndicate of Underwriters (as defined below) have exercised the remaining portion of their over-allotment option (the "Over-Allotment Option") in full and have purchased an additional 200,002 Common Shares from the Rhino Group for additional gross proceeds to the Rhino Group of approximately C$450,004.50. The gross proceeds to Rhino Group from the Secondary Offering and the full exercise of the Over-Allotment Option in the aggregate is approximately C$14,950,005.75.