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The latest announcement is out from Identitii Ltd. ( (AU:ID8) ).
Identitii Ltd has issued 28,571,431 fully paid ordinary shares and lodged a cleansing notice under section 708A(5)(e) of the Corporations Act 2001, enabling these shares to be traded without a prospectus under the on-sale exemptions. The company confirms it is compliant with its continuous disclosure and financial reporting obligations, and notes it is considering various capital raising alternatives, signalling potential future funding initiatives that may influence its capital structure and growth plans.
More about Identitii Ltd.
Identitii Ltd is an Australian financial technology company focused on combating financial crime by improving the use and security of financial data. It develops technologies and solutions that help organisations better manage, protect, and utilise financial information within increasingly complex and interconnected financial ecosystems.
Technical Sentiment Signal: Sell
Current Market Cap: A$6.27M
Learn more about ID8 stock on TipRanks’ Stock Analysis page.