Thrive Tribe Issues 10M Unquoted Options

Wooboard Technologies Limited (AU:1TT) has released an update.

Thrive Tribe Technologies Limited has announced the issue of 10 million unquoted options, expiring on September 30, 2027, at a strike price of $0.006 each, set to be issued on September 30, 2024. These securities are part of a transaction previously disclosed in an Appendix 3B, which will not be quoted on the ASX. This move is indicative of the company’s strategy to raise funds or incentivize stakeholders without diluting the current stock’s value on the public market.

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