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Tivan Limited ( (AU:TVN) ) just unveiled an update.
Tivan Limited has issued 150 million fully paid ordinary shares at $0.10 each to institutional and sophisticated investors as part of a placement announced earlier. This move, conducted under the company’s placement capacity rules, allows the shares to be sold without disclosure due to an exemption in the Corporations Act, potentially impacting the company’s market operations and investor relations.
More about Tivan Limited
Average Trading Volume: 1,234,563
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$218.4M
Learn more about TVN stock on TipRanks’ Stock Analysis page.