Thrive Tribe Technologies Secures AU$183,500 in Capital Raise to Support Operations.

Nov 19, 2024

Thrive Tribe Technologies Limited (ASX: 1TT) has announced the successful raising of AU$183,500 in capital through firm commitments from sophisticated and professional investors. This funding was secured via a placement of 91,740,000 new shares at an issue price of AU$0.002 per share.  Clee Capital Pty Ltd has been appointed as the lead manager for this placement and will receive a fee equivalent to 6% of the funds raised, excluding GST.

The issuance of shares will be conducted under the company's 7.1 Placement Capacity, ensuring compliance with regulatory frameworks. This effort reflects Thrive Tribe's dedication to enhancing its financial stability and operational efficiency. The announcement has been duly authorized by the Board of Thrive Tribe Technologies Limited and reflects its focus on leveraging strategic funding to drive business sustainability and growth.

 

 

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