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Titomic Limited (ASX:TTT)

ALERT: Price-sensitive ASX Announcement for TTT
Current share price for TTT : $0.210 -0.03 (-12.50%)+
Announcement
Release
13 May 2026 9:04AM
Price at Release
$0.240
Full Release
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Summary
Titomic Limited is entering into a scheme to redomicile the company to the United States, specifically through the incorporation of Titomic, Inc. in Delaware. This process involves a scheme of arrangement under Australian law which will allow Titomic US HoldCo to acquire all ordinary shares of Titomic Limited. The document outlines the conditions precedent, transaction steps, and obligations for both Titomic Limited and Titomic US HoldCo. The re-domiciliation aims to transition the parent company from Australia to the United States and includes a detailed implementation timetable, with court approvals and shareholder meetings scheduled for mid-2026.
Key Points
  • Titomic Limited plans to redomicile to the United States.
  • Incorporation of Titomic, Inc. in Delaware.
  • Scheme of arrangement under Australian law.
  • Titomic US HoldCo to acquire all ordinary shares.
  • Conditions precedent outlined for the scheme.
  • Detailed implementation timetable provided.
  • Court approvals and shareholder meetings scheduled for mid-2026.
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.