Key points
- Completed placement of 265 million shares at $0.001 each
- Total funds raised: $265,000
- Funds to be used for working capital and placement costs
- Placement authorized by Joshua Quinn, Director and Company Secretary
- Resolution 2 approved at Extraordinary General Meeting on 24 July 2026
Full summary
Thrive Tribe Technologies Limited (ASX:1TT, Thrive Tribe or Company) is pleased to announce that it has successfully completed a placement from sophisticated and professional investors for 265,000,000 ordinary shares at an issue price of $0.001 for a total of $265,000 (Placement Shares). The Placement Shares will be issued pursuant to the shareholder approval obtained under Resolution 2, 'Approval to Issue Shares under Additional Placement', at the Company's Extraordinary General Meeting held on 24 July 2026. The Company intends to apply the funds raised under the Placement towards general working capital and the costs of the Placement. This announcement has been authorised for release by Joshua Quinn, Director and Company Secretary of Thrive Tribe Technologies Ltd on behalf of the Board of Directors.