Thrive Tribe Technologies Plans Major Equity Placement of 200 Million Shares
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Thrive Tribe Technologies Limited (ASX: 1TT) plans to issue up to 200 million new ordinary shares, with the proposed issue date set for January 28, 2026. This significant equity placement aims to strengthen the company's capital position, though it may dilute existing shareholders. The latest analyst rating for 1TT stock is a Sell, with a price target of A$0.01. Further details on the use of proceeds are yet to be disclosed.
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