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Wooboard Technologies Limited ( (AU:1TT) ) just unveiled an update.
Thrive Tribe Technologies Limited, listed on the ASX under code 1TT, has lodged a notice of a proposed issue of new fully paid ordinary shares. While the company’s specific industry focus and core products or services are not detailed in the filing, it operates as a listed entity on the Australian Securities Exchange with an established shareholder base.
The company plans to issue up to 200 million new ordinary shares via a placement or similar type of capital raising, with the proposed issue date set for 28 January 2026. The move signals a significant equity issuance that is likely aimed at strengthening the company’s capital position, and it may result in dilution for existing shareholders while potentially providing funding for future operational or strategic initiatives once detailed terms and use of proceeds are disclosed.
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
Technical Sentiment Signal: Sell
Current Market Cap: A$914.2K
See more insights into 1TT stock on TipRanks’ Stock Analysis page.