Networking security technology company TZ Limited (ASX:TSV) has issued a prospectus to its investors offering the purchase of up to two new shares.
The company has offered to issue the shares at $0.50 each, TZ said. The closing date of the offer is July 23.
The offer has not been underwritten, and can not be oversubscribed.
TZ shares are currently trading 7.5% lower at $0.370.
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