• Completed $15M placement at $6 per share, 2% discount to 10-day VWAP
• Offer to raise up to $2M through SPP to eligible shareholders
• Funds to be used for production, strategic partnerships, and customer success
• CEO highlights market recognition of Tetratherix's platform and growth potential

Tetratherix Limited (ASX:TTX) has successfully completed a $15M placement to new and existing institutional investors at $6 per share, a 2% discount to the 10-day VWAP. The placement was met with strong demand, reflecting confidence in the company's platform and growth strategy. Additionally, Tetratherix will offer eligible shareholders a Share Purchase Plan (SPP) to raise up to $2M. The SPP will allow eligible shareholders to purchase new shares at the same price as the placement, without incurring brokerage or transaction costs. The proceeds from both the placement and SPP will be used to fund production expansion, strategic partnerships, customer success initiatives, digitalisation efforts, working capital, and transaction costs. CEO Will Knox emphasized the importance of this capital injection in scaling the company's operations and capturing global market share.