Traffic Technologies Ltd (AU:TTI) has released an update.
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Traffic Technologies Ltd. is set to issue a substantial number of new securities, with plans to release 559,408,983 fully paid ordinary shares and attaching options on a 1 for 1 basis. This move is part of a non-renounceable pro rata offer, providing investors an opportunity to expand their stakes before the offer closes on December 6, 2024.
For further insights into AU:TTI stock, check out TipRanks’ Stock Analysis page.