Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Identitii Ltd. ( (AU:ID8) ) just unveiled an announcement.
Identitii Limited has updated its previously announced non-renounceable pro rata securities issue, notifying the ASX that it is extending the issue date for the new shares. The change is being made to align with an undertaking the company has provided to the Takeovers Panel in relation to an application before the Panel, indicating that the capital-raising timetable is being adjusted in the context of ongoing takeover-related regulatory processes, which may affect the timing and execution of its fundraising plans.
The most recent analyst rating on (AU:ID8) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Identitii Ltd. stock, see the AU:ID8 Stock Forecast page.
More about Identitii Ltd.
Identitii Limited is an Australia-listed company (ASX: ID8) operating in the financial technology sector, focusing on solutions related to secure data and information exchange for financial institutions and corporates. The company’s technology is aimed at improving compliance, transparency and efficiency in financial transactions and reporting, with a market focus on regulated entities that need to manage and share sensitive payment and transaction data.
Technical Sentiment Signal: Sell
Current Market Cap: A$4.99M
For an in-depth examination of ID8 stock, go to TipRanks’ Overview page.