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Tinybeans Group ( (AU:TNY) ) has provided an announcement.
Tinybeans Group Limited has announced a A$3.5 million entitlement offer of new fully paid ordinary shares at A$0.10 per share. This partially underwritten pro-rata non-renounceable offer aims to raise gross proceeds of approximately A$3.5 million. The entitlement offer, which does not require a prospectus, allows eligible shareholders in Australia and New Zealand to participate, with new shares ranking equally with existing ones. Optionholders must exercise their options before the record date to participate, though there is no obligation to do so.
More about Tinybeans Group
Tinybeans Group Limited is a global consumer subscription platform that primarily serves Millennial and Gen Z parents and their families. The company offers a private photo-sharing app and media platform that helps families connect and preserve memories. Founded in Australia in 2012, Tinybeans has gained trust worldwide with over 150,000 five-star reviews in app stores and a presence in nearly every country.
YTD Price Performance: 100%
Average Trading Volume: 159,609
Technical Sentiment Signal: Buy
Current Market Cap: A$21.51M
See more data about TNY stock on TipRanks’ Stock Analysis page.