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: Holger Arians (Chief Executive Officer).