Completion of Capital Raise
| Stock | Thrive Tribe Technologies Ltd (1TT.ASX) |
|---|---|
| Release Time | 14 Aug 2026, 4:42 p.m. |
| Price Sensitive | Yes |
Thrive Tribe Technologies Completes Capital Raise
- Thrive Tribe Technologies Ltd successfully completed a capital raise.
- Raised $235,000 from 235 million shares at $0.001 each.
- Funds will be used for general working capital and placement costs.
Thrive Tribe Technologies Limited (ASX:1TT) has successfully completed a placement from sophisticated and professional investors for 235,000,000 ordinary shares at an issue price of $0.001 for a total of $235,000 (Placement Shares). The Shares will be issued pursuant to Listing Rule 7.1. The Company intends to apply the funds raised under the Placement towards general working capital and the costs of the Placement. Clee Capital Pty Ltd (Clee Capital) is acting as the lead manager to the Placement will receive a 6% plus GST fee on the funds raised under the placement. Clee Capital shall also be issued 35 million unlisted options with an exercise price of $0.002, with a 3-year expiration date from the date of issue. The options are subject to shareholders approval at a future Shareholders meeting.