EX-FILING FEES 24 ex107.htm

 

Exhibit 107

 

Calculation of Filing Fee Tables

 

FORM F-1

(Form Type)

 

Indonesia Energy Corporation Limited

(Exact Name of Registrant as Specified in its Charter)

 

Not Applicable

(Translation of Registrant’s Name into English)

 

Table 1: Newly Registered and Carry Forward Securities

 

   Security
Type
   Security
Class
Title
   Fee
Calculation or Carry Forward Rule
  

Amount
Registered

(1)

   Proposed
Maximum
Offering Price
Per Unit
   Maximum
Aggregate
Offering Price
   Fee Rate   Amount of
Registration Fee
  Carry
Forward
Form Type
  Carry
Forward
File Number
   Carry
Forward
Initial
effective date
   Filing Fee
Previously Paid
In Connection
with Unsold
Securities
to be Carried
Forward
 
Newly Registered Securities
Fees to Be Paid                                                         
    Equity    Ordinary shares issuable upon conversion of outstanding convertible note     457(c)    8,333,334 (2)  $ 13.51 (3)  $ 112,583,342     0.0000927   $ 10,436.48               
                                                          
    Equity    Ordinary shares issuable upon exercise of outstanding warrants    457(g)    767,240 (4)  $6.00(5)  $ 4,603,440     0.0000927   $ 426.74               
                                                          
Fees Previously Paid                                                         
Carry Forward Securities
Carry Forward Securities                                                     
    Total Offering Amounts          $ 117,186,782         $ 10,863.22                   
    Total Fees Previously Paid                   $0                  
    Total Fee Offsets                   $0                  
    Net Fee Due                   10,863.22                   

 

(1) Pursuant to Rule 416 under the Securities Act of 1933, as amended (the “Securities Act”), the shares of the Registrant’s ordinary shares being registered hereunder include such indeterminate number of shares as may be issuable with respect to the shares being registered hereunder as a result of share splits, share dividends or similar transactions.

 

(2) Represents the maximum number of shares that the Registrant expects could be issuable upon conversion of the note held by the selling shareholder named in this Registration Statement.
   
(3) Estimated solely for the purpose of calculating the registration fee pursuant to Rule 457(c) under the Securities Act based on the average of the high and low reported trading prices of the Registrant’s ordinary shares as reported on the NYSE American on March 2, 2022.
   
(4) Represents the maximum number of shares that the Registrant expects could be issuable upon the exercise of warrants held by the selling shareholder named in this Registration Statement.
   
(5) Fee calculated pursuant to Rule 457(g) under the Securities Act.

 

 

 

 

Table 2: Fee Offset Claims and Sources

 

   Registrant or
Filer Name
  Form or
Filing Type
  File
Number
  Initial
Filing Date
  Filing Date  Fee Offset
Claimed
  Security Type
Associated with
Fee Offset Claimed
  Security Title
Associated with
Fee Offset Claimed
  Unsold
Securities
Associated with
Fee Offset Claimed
  Unsold Aggregate
Offering Amount
Associated with
Fee Offset Claimed
  Fee Paid
with
Fee
Offset
Source
Rules 457(b) and 0-11(a)(2)
Fee Offset Claims                         
Fee Offset Sources                         
Rule 457(p)
Fee Offset Claims                         
Fee Offset Sources                           
                               

Table 3: Combined Prospectuses

 

Security Type  Security Class Title  Amount of Securities
Previously Registered
  Maximum Aggregate
Offering Price
of Securities
Previously Registered
  Form
Type
  File
Number
  Initial
Effective Date