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Tinybeans Issues 5 Million New Shares to Support Entitlement Offer

Story Highlights
  • Tinybeans issued 5 million new ordinary shares at A$0.10 to sub-underwriters, bolstering equity from its entitlement offer.
  • The company affirmed full compliance with disclosure obligations and no excluded information, underscoring transparency for shareholders and investors.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Tinybeans Issues 5 Million New Shares to Support Entitlement Offer

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Tinybeans Group ( (AU:TNY) ) has shared an update.

Tinybeans Group has issued 5,000,000 fully paid ordinary shares at A$0.10 each to sub-underwriters of its recently announced entitlement offer, providing additional equity capital and support for the offer structure. The company confirmed the new shares were issued without a disclosure document under the Corporations Act but stated it remains compliant with its continuous disclosure and financial reporting obligations and has no excluded information, signalling regulatory transparency for investors and stabilising conditions for existing shareholders.

More about Tinybeans Group

Tinybeans Group Limited is a global consumer subscription platform focused on Millennial and Gen Z parents, built around a private photo-sharing app and media platform that helps families capture and share memories securely. Founded in Australia in 2012, the company complements its core app with parenting content created by parents and experts, and serves users in nearly every country worldwide, boasting more than 150,000 five‑star reviews across Apple’s App Store and Google Play.

YTD Price Performance: 62.71%

Average Trading Volume: 155,182

Technical Sentiment Signal: Hold

Current Market Cap: A$19.44M

See more data about TNY stock on TipRanks’ Stock Analysis page.

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