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Titomic Issues New Shares and Confirms Regulatory Compliance in Cleansing Notice

Story Highlights
  • Titomic has issued new shares without a prospectus under Australian law.
  • The company confirms full reporting compliance and no undisclosed material information for investors.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Titomic Issues New Shares and Confirms Regulatory Compliance in Cleansing Notice

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The latest update is out from Titomic Ltd ( (AU:TTT) ).

Titomic Limited has issued multiple new shares and lodged a cleansing notice under section 708A(5)(e) of the Corporations Act, confirming that the securities were issued without a prospectus and that the company remains in compliance with its continuous and financial reporting obligations. The notice affirms there is no undisclosed excluded information, providing comfort to investors about the transparency and regulatory standing of the company as it expands its capital base.

The most recent analyst rating on (AU:TTT) stock is a Buy with a A$0.50 price target. To see the full list of analyst forecasts on Titomic Ltd stock, see the AU:TTT Stock Forecast page.

More about Titomic Ltd

Titomic Limited (ASX: TTT) is a manufacturing company focused on large-scale metal additive manufacturing, coating and repair solutions using its patented Titomic Kinetic Fusion cold spray technology. The company provides OEM production and R&D services to global aerospace, defence, shipbuilding, oil and gas, mining and automotive sectors, operating from its Huntsville, Alabama head office with additional presence in Australia and Europe to support its industrial customer base.

Average Trading Volume: 2,769,752

Technical Sentiment Signal: Buy

Current Market Cap: A$367.9M

For detailed information about TTT stock, go to TipRanks’ Stock Analysis page.

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