A-Labs Capital I Corp. (the “Corporation”) announced that it has entered into an amendment to the Definitive Agreement (as defined below) with BTC Corporation Holdings Pty. Ltd. (“BTC”) in order to extend the deadline for completion of and amend certain terms of the qualifying transaction (the “QT”) described in its news release dated February 19, 2020. With the exception of Mr. Lichtenwald (in the capacity as CFO) and Mr. Doron Cohen (in the capacity as director), it is expected that all existing directors and officers of the Corporation will resign and will be replaced by: Domenico Carosa (Founder, Non-Executive Chairman and Director); Matthew Cain (Director); Joshua (Jim) Landau (Director) and Tony Gu Tao (Director). Mr. Tony Gu Tao is the Founding Partner of NGC Ventures, a large and global blockchain venture capital fund. NGC Ventures has deployed capital in more than 100 projects since 2017, and has been the major backer of a few leading blockchain technology companies, including BTC. Mr. Jim Landau has over 40 years’ experience as a technology entrepreneur and mentor. He currently serves as a Chair for an Australian TEC group of managing directors from diverse industries and is a non-executive director of the private equity form Leading Technology Group and the debt mezzanine funder, Visage Invest.