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Identitii Limited Announces General Meeting for Shareholder Vote on Share Issuance

Story Highlights
  • Identitii Limited is a fintech company enhancing financial transaction transparency.
  • The company seeks shareholder approval for 112.5 million shares issued in a capital raise.
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Identitii Limited Announces General Meeting for Shareholder Vote on Share Issuance

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

Identitii Limited has announced a General Meeting scheduled for March 31, 2025, where shareholders will vote on the ratification of prior share issues. The resolutions seek approval for the issuance of a total of 112,500,000 shares to clients of SP Corporate Advisory Pty Ltd, which were part of a capital raise in November 2024. This move is significant for Identitii as it reflects the company’s efforts to strengthen its financial position and expand its market presence, potentially impacting its stakeholders positively.

More about Identitii Ltd.

Identitii Limited operates in the financial technology industry, focusing on providing solutions that enhance the transparency and efficiency of financial transactions. The company is known for its innovative products that facilitate secure and compliant data exchange between financial institutions.

YTD Price Performance: 20.0%

Average Trading Volume: 698,394

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$9.29M

For detailed information about ID8 stock, go to TipRanks’ Stock Analysis page.

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