Capital Raise

• Thrive Tribe Technologies raises $4M via placement
• Shares issued at $0.001 each, with options at $0.003
• Funds for working capital and software commercialization
• Additional $1M placement pending shareholder approval
• Focus on enterprise, government, and defense applications

Thrive Tribe Technologies Limited (ASX: 1TT) has secured firm commitments from sophisticated and professional investors for a $4 million capital raise. The raise will be executed in two tranches, with the first tranche issuing 3 billion shares at $0.001 per share, accompanied by options for every two shares subscribed, exercisable at $0.003 by June 2029. The company also plans an additional placement of up to $1 million, pending shareholder approval. Proceeds will support working capital, capital raise costs, and the commercialization of its legacy software suite, particularly targeting enterprise, government, and defense applications.

Thrive Tribe Technologies Ltd. plans to raise approximately $4 million through a capital raise.

Thrive Tribe Technologies Ltd. aims to position its software suite for enterprise, government, and defense applications, focusing on AI-enabled workforce engagement and HR solutions.