Traffic Technologies Secures Growth Capital
Company Announcements

Traffic Technologies Secures Growth Capital

Traffic Technologies Ltd (AU:TTI) has released an update.

Traffic Technologies Ltd has successfully refinanced its debt facilities and secured new share placements to bolster its working capital, ensuring liquidity for ongoing operations and future growth in IoT. The company has entered into agreements with the Season Group and First Samuel Ltd, positioning itself to leverage Season Group’s global manufacturing capabilities in electronic and IoT products. An Extraordinary General Meeting will be convened to seek shareholder approval for the refinancing arrangements.

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

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App