Traffic Technologies Ltd (AU:TTI) has released an update.
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Traffic Technologies Ltd. has announced a new securities placement, proposing the issue of 145,932,778 ordinary fully paid shares under the ASX code TTI, with an intended issue date of 21st October 2024. This move aims to provide the company with additional capital, potentially expanding operations and strengthening its financial position.
For further insights into AU:TTI stock, check out TipRanks’ Stock Analysis page.