1TT.ASX: Completion of Capital Raise

Completion of Capital Raise

Stock	Thrive Tribe Technologies Ltd (1TT.ASX)
Release Time	26 Mar 2026, 9:24 a.m.
Price Sensitive	Yes

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Thrive Tribe Completes $240,554 Capital Raise

Key Points

Raised $240,554 through placement of 318,615,000 shares
Funds to be used for general working capital and placement costs
Clee Capital appointed as lead manager, receiving 6% fee and 32 million options

Full Summary

Thrive Tribe Technologies Limited (ASX:1TT) has announced the successful completion of a capital raise, issuing 318,615,000 ordinary shares to sophisticated and professional investors. The shares were placed at a price of $0.000755 per share, representing a 25% discount to the last 15-day Volume Weighted Average Price. The capital raise generated $240,554 in funds, which the company intends to apply towards general working capital and the costs of the placement. Clee Capital Pty Ltd was appointed as the lead manager to the placement and will receive a 6% plus GST fee on the funds raised. Additionally, Clee Capital will be issued 32 million options with an exercise price of $0.003 and a 3-year expiration date, subject to shareholder approval at a future meeting.