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Tinybeans Group’s Capital Boost Offer Opens
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Tinybeans Group’s Capital Boost Offer Opens

Tinybeans Group Ltd. (AU:TNY) has released an update.

Tinybeans Group Ltd. has launched a new 1-for-1.43 entitlement offer to raise about A$5.0 million, offering shareholders the right to purchase additional shares at A$0.085 each, with attached options to buy more shares later at higher prices. The offer, which includes both institutional and retail shareholders, is now open to eligible retail investors until 13 May 2024. These moves aim to expand the company’s capital and engage its shareholder base, while further details are available in the prospectus on the ASX website.

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

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