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Trivarx Ltd Announces Major New Share Issue

Trivarx Limited (AU:TRI) has released an update.

Trivarx Ltd has announced plans to issue over 43 million new fully paid ordinary shares and 2.5 million unlisted options expiring in three years, with an exercise price of $0.05 each. The issue, which is set for the proposed date of July 12, 2024, aims to raise capital through a placement or other means, as detailed in their recent ASX filing.

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

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