Gratifii Limited Announces $5.5 Million Share Offer

Gratifii Ltd (AU:GTI) has released an update.

Gratifii Limited is set to expand its capital through a $5.5 million funding initiative, offering new shares to current shareholders in a non-renounceable entitlement offer. Eligible shareholders have the opportunity to purchase 1 new share for every 1.28 shares they hold at a price of $0.004 per share, with additional shares available through a shortfall facility. The prospectus emphasizes the speculative nature of this investment and advises shareholders to seek professional advice.

For further insights into AU:GTI stock, check out TipRanks’ Stock Analysis page.