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Identitii Ltd. ( (AU:ID8) ) has provided an announcement.
Identitii Limited has issued 45 million fully paid ordinary shares at $0.009 per share to settle part of an $800k interest-free, unsecured loan from Beauvais Capital. This transaction increases Cameron Beavis and his related entities’ ownership to 29.92% of the company’s total capital, reflecting a strategic move within the legal limits of the Corporations Act.
More about Identitii Ltd.
Identitii Limited operates in the financial technology industry, offering a platform called BNDRY that aids product, risk, and compliance teams in managing customer interactions. The company focuses on creating connected ecosystems for a unified view of customer risk and activities.
Technical Sentiment Signal: Sell
Current Market Cap: A$7M
For a thorough assessment of ID8 stock, go to TipRanks’ Stock Analysis page.