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Thrive Tribe Technologies Limited (ASX:1TT)

ALERT: Price-sensitive ASX Announcement for 1TT
Current share price for 1TT : $0.002 -0.003 (-62.50%)+
Announcement
Release
1 Oct 2025 9:16AM
Price at Release
$0.004
Full Release
download
Summary
Thrive Tribe Technologies Limited is conducting a non-renounceable Entitlement Offer to raise approximately $618,736 by offering 206,245,471 new shares at $0.003 per share. Eligible shareholders can subscribe to one new share for every two existing shares held as of the record date on 26 September 2025. The offer is managed by Clee Capital Pty Ltd and opens on 1 October 2025, closing on 10 October 2025. Proceeds will be used for working capital, and a Top Up Facility allows shareholders to apply for additional shares. The offer is not available in the U.S., and non-participation could lead to dilution.
Key Points
  • The Entitlement Offer is a non-renounceable offer of approximately 206,245,471 new shares.
  • Offer Price is set at $0.003 per new share.
  • Eligible shareholders can subscribe for 1 new share for every 2 existing shares held.
  • The offer aims to raise approximately $618,736 before costs.
  • The Entitlement Offer opens on 1 October 2025 and closes on 10 October 2025.
  • Clee Capital Pty Ltd is the lead manager for the Entitlement Offer.
  • Funds raised will be primarily used for working capital.
  • Eligible shareholders can apply for additional shares through the Top Up Facility.
  • The offer is not available to shareholders in the United States.
  • Participation in the offer may result in dilution for those who do not take up their entitlements.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.