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Traffic Technologies Ltd (ASX:TTI)
ALERT: Price-sensitive ASX Announcement for TTI
Current share price for TTI : $0.003 0 (0%)+
Announcement
Release
11 Mar 2025 12:17PM
Price at Release
$0.003
Full Release
Summary
Traffic Technologies Ltd (ASX: TTI) has successfully completed a shortfall placement, raising a total of $692,000. The placement includes the issuance of 103,413,820 new fully paid ordinary shares at an issue price of $0.005 per share, alongside a free attaching option for each new share. This offering followed the Entitlement Offer Prospectus released on 11 November 2024, and the company expressed gratitude towards its shareholders for their ongoing support.
Key Points
- Traffic Technologies Ltd completed a $517,000 shortfall placement.
- A total of 103,413,820 new shares will be issued at $0.005 per share.
- One free attaching option for each new share applied for will be issued.
- Total funds raised by the company amount to $692,000.
- The announcement was authorized by the board of Traffic Technologies Limited.
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.
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