Traffic Technologies Ltd (AU:TTI) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Traffic Technologies Ltd. is set to issue a substantial number of new securities, with plans to release 559,408,983 fully paid ordinary shares and attaching options on a 1 for 1 basis. This move is part of a non-renounceable pro rata offer, providing investors an opportunity to expand their stakes before the offer closes on December 6, 2024.
For further insights into AU:TTI stock, check out TipRanks’ Stock Analysis page.