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Identitii Issues New Shares and Lodges Cleansing Notice Under Corporations Act

Story Highlights
  • Identitii issued 8,976,526 new fully paid ordinary shares to investors.
  • The company filed a cleansing notice, confirming compliance and enabling on-sale of the shares without further disclosure.
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Identitii Issues New Shares and Lodges Cleansing Notice Under Corporations Act

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Identitii Ltd. ( (AU:ID8) ) has shared an announcement.

Identitii has issued 8,976,526 fully paid ordinary shares and lodged a cleansing notice under section 708A(5)(e) of the Corporations Act 2001, enabling these securities to be traded on the secondary market without a formal disclosure document. The company confirmed it is compliant with its financial reporting and continuous disclosure obligations and stated there is no excluded information, signalling procedural clarity and transparency for investors regarding the new share issuance.

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 make financial information more secure, intelligent and easier to utilise for organisations operating in increasingly complex and interconnected financial ecosystems, helping them build trust and protect their businesses and customers.

Average Trading Volume: 1,479,103

Technical Sentiment Signal: Sell

Current Market Cap: A$5.76M

See more insights into ID8 stock on TipRanks’ Stock Analysis page.

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