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Identitii Ltd. ( (AU:ID8) ) has provided an announcement.
Identitii has extended the closing date of its non-renounceable rights issue by ten days to 5.00pm (AEDT) on Monday, 19 January 2026, giving eligible shareholders additional time to participate in the capital raising. The pro-rata entitlement offer is priced at $0.007 per new share on a one-for-two basis and aims to raise up to approximately $2.88 million before costs, increasing the company’s issued capital to more than 1.23 billion shares if fully subscribed. The company’s largest shareholder, Cameron Beavis, has committed to take up his full entitlement and underwrite a significant portion of any shortfall for a total investment of up to $2.3 million, which underpins the success of the offer and signals strong insider support. Identitii also released a revised timetable for the rights issue and associated settlement and quotation milestones, providing clearer visibility for investors and ensuring an orderly completion process for the capital raising.
More about Identitii Ltd.
Identitii Ltd (ASX: ID8) is an Australian-listed technology company that operates in the financial services and compliance sector, focusing on solutions that support secure information sharing and regulatory reporting for payments and transactions. The company targets financial institutions and related stakeholders seeking to improve transparency, efficiency and compliance in their payment and reporting workflows.
Average Trading Volume: 1,479,103
Technical Sentiment Signal: Sell
Current Market Cap: A$5.76M
For detailed information about ID8 stock, go to TipRanks’ Stock Analysis page.