Gratifii Limited (ASX:GTI) has requested a trading halt from ASX in accordance with Listing Rule 17.1. The halt is sought to facilitate the release of an announcement regarding a material acquisition and a pending accelerated entitlement offer. The trading halt is expected to be in place until the earlier of the commencement of normal trading on 6 September 2024 or when the company makes the announcement.
The request for a trading halt is in line with Gratifii's intention to inform the market about a material acquisition and a pending accelerated entitlement offer. The company aims to ensure that the market is appropriately informed about these significant developments. The trading halt will provide the necessary time for the company to prepare and release the announcement, thereby allowing for an orderly market reaction.
Gratifii Limited (ASX:GTI) has requested a trading halt to facilitate the release of an announcement regarding a material acquisition and a pending accelerated entitlement offer. The company emphasizes its commitment to keeping the market informed about these developments. The trading halt is expected to be temporary and will be lifted upon the release of the announcement, providing an opportunity for the market to react appropriately to the forthcoming news.