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Thrive Tribe Raises $200,000 via Discounted Share Placement

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Thrive Tribe Raises $200,000 via Discounted Share Placement

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Wooboard Technologies Limited ( (AU:1TT) ) has issued an update.

Thrive Tribe Technologies Limited has secured firm commitments of approximately $200,000 from sophisticated and professional investors via a share placement of 200 million new shares at $0.001 each, representing a 20% discount to its recent five-day volume-weighted average price. The capital raise, approved by shareholders in November 2025, will primarily support general working capital and placement costs, with Clee Capital Pty Ltd engaged as lead manager on a 6% fee plus 20 million unlisted options, underscoring the company’s continued efforts to fund operations and strengthen its position in the digital health and wellness technology market.

The most recent analyst rating on (AU:1TT) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on Wooboard Technologies Limited stock, see the AU:1TT Stock Forecast page.

More about Wooboard Technologies Limited

Thrive Tribe Technologies Limited (ASX: 1TT) operates in the digital health and wellness sector, focusing on building a connected community of individuals and businesses committed to wellbeing. Through its core technology platform, Kumu, the company provides data-driven insights and engagement tools that help creators and enterprises connect with thought leaders, influencers and wellness-focused businesses to drive positive behavioural change.

Technical Sentiment Signal: Sell

Current Market Cap: A$914.2K

See more insights into 1TT stock on TipRanks’ Stock Analysis page.

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