Wooboard Technologies Limited (AU:1TT) has released an update.
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Thrive Tribe Technologies Limited is set to raise up to A$703,000 through a non-renounceable entitlement offer, allowing eligible shareholders to buy new shares at a 33% discount to the last closing price. This offer is available to shareholders in Australia, New Zealand, and Malaysia, with a provision for applying for additional shares. The proceeds will be used for working capital and covering offer costs.
For further insights into AU:1TT stock, check out TipRanks’ Stock Analysis page.