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Tivan Limited Launches $7.5 Million Share Offer

Tivan Limited Launches $7.5 Million Share Offer

TNG Limited (AU:TVN) has released an update.

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Tivan Limited has announced a non-renounceable entitlement offer for eligible shareholders to raise approximately $7.5 million before expenses. Shareholders can purchase 1 new share for every 11.5 they hold at $0.05 each, with an additional option for every 2 new shares acquired. The offer, which is not underwritten, includes an oversubscription facility, and closes on September 2, 2024.

For further insights into AU:TVN stock, check out TipRanks’ Stock Analysis page.

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