Thrive Tribe Technologies Limited (ASX: 1TT) has announced a proposed 20:1 share consolidation, aiming to streamline its capital structure and enhance its market perception. The move, subject to shareholder approval during the Extraordinary General Meeting on 16 July 2025, will also adjust all outstanding options proportionately in line with ASX Listing Rule 7.22.1. The consolidation aims to strengthen the company’s capital base, creating a clearer path for future growth and enhancing its appeal to investors. Post-approval, trading on a consolidated basis is scheduled to commence from 29 July 2025. Thrive Tribe, known for its health and wellness platform Sixty, partners with impact-driven businesses to foster thriving communities and individuals. The company emphasizes social impact through innovation, driven by a team of thought leaders and industry experts. The initiative reflects Thrive Tribe’s commitment to financial clarity while continuing its mission to inspire wellbeing and transformative partnerships.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
