InvestSMART

Thrive Tribe Technologies Limited (ASX:1TT)

ALERT: Price-sensitive ASX Announcement for 1TT
Current share price for 1TT : $0.002 -0.001 (-20%)+
Announcement
Release
11 Jun 2026 11:22AM
Price at Release
$0.003
Full Release
download
Summary
The document is a Target Market Determination (TMD) and Prospectus issued by Thrive Tribe Technologies Limited for the offer of up to 1,500,000,000 new options as part of an Initial Placement. These options are exercisable at A$0.003 per option and will expire on 15 June 2029. The offer is aimed at sophisticated and professional investors, referred to as Placement Participants, who are not part of the general public. The prospectus outlines that the offer entails high-risk, speculative investments and is not a general public offer. It details the conditions under which the options are offered, emphasizes the speculative nature of the investment, and describes the intended use of funds, which includes further application towards the company's technology solutions. The document also clarifies that the offer is non-renounceable and provides guidance on the distribution and review process of the TMD.
Key Points
  • Offer of up to 1,500,000,000 new options at A$0.003 per option.
  • Options expire on 15 June 2029.
  • Targeted at sophisticated and professional investors.
  • High-risk, speculative investment.
  • Offer not open to the general public.
  • Non-renounceable offer.
  • Prospectus and TMD available on company and ASX websites.
  • Funds from exercised options to support technology and software solutions.
  • Conditions and distribution details specified in the TMD.
  • Review triggers and reporting requirements outlined.
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.