InvestSMART

333D Limited (ASX:T3D)

ALERT: Price-sensitive ASX Announcement for T3D
Current share price for T3D : $0.040 -0.12 (-75%)+
Release
16 Sep 2025 9:56AM
Price at Release
$0.160
Full Release
download
Summary
On 16 September 2025, 333D Limited announced the successful completion of a $1 million capital raising through a placement of 10 million new shares at $0.10 each to institutional and sophisticated investors. The funds are intended for significant upgrades to the company's digital asset management platform, without resorting to the liquidation of its Bitcoin holdings, which would not adequately cover costs and would result in a loss. The placement is set for settlement on 23 September 2025, with allotment the following day, and a cleansing prospectus will be lodged to facilitate trading. 333D Limited is focused on digital capture and creation technologies.
Key Points
  • T3D completes $1 million placement to fund platform development.
  • 333D Limited received commitments from institutional and sophisticated investors.
  • 10 million new shares issued at $0.10 each.
  • Funds will be used for upgrades to the digital asset management platform.
  • No funds used for purchasing Bitcoin or cryptocurrency.
  • Decision to raise equity instead of selling Bitcoin holding.
  • Placement settlement expected on 23 September 2025, allotment on 24 September 2025.
  • Shares issued without disclosure to exempt investors under Chapter 6D of the Corporations Act.
  • Cleansing prospectus to be lodged with ASIC.
  • 333D Limited specializes in digital capture and creation, including 3D printing.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.