Thred has announced a capital raising by way of a fully-underwritten, non-renounceable pro-rata entitlement offer at an issue price of $0.004 per new share on the basis of one new share for every two existing shares held. Under the Offer, approximately 571 million new shares will be issued to raise up to approximately $2.36 million. The Offer is fully underwritten by CPS Capital Group Pty Ltd (Underwriter).
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