Traffic Technologies Ltd (ASX:TTI) Completes $517,000 Shortfall Placement
Shortfall Placement
Traffic Technologies Ltd (ASX:TTI), a leader in traffic management and Smart City solutions, has completed a $517,000 shortfall placement under its Entitlement Offer Prospectus. The company issued 103,413,820 new fully paid ordinary shares at $0.005 each, along with one free attaching option per new share. The settlement date for the shares is set for 11 March 2025. Including the $175,000 raised from existing shareholders, the total funds raised amount to $692,000. The directors expressed their gratitude to shareholders for their ongoing support.
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