tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Identitii Ltd. Announces Rights Issue to Raise Capital

Story Highlights
Identitii Ltd. Announces Rights Issue to Raise Capital

TipRanks Cyber Monday Sale

Identitii Ltd. ( (AU:ID8) ) just unveiled an announcement.

Identitii Ltd. has announced a pro rata non-renounceable rights issue to its eligible shareholders, offering one new share for every two existing shares at a price of $0.007 per share, aiming to raise approximately $2.88 million before costs. The offer, partially underwritten by Beauvais Capital Pty Ltd., opens on December 15, 2025, and closes on January 9, 2026, and is intended to provide the company with additional capital, though the shares are considered speculative.

More about Identitii Ltd.

Average Trading Volume: 1,479,103

Technical Sentiment Signal: Sell

Current Market Cap: A$5.76M

For an in-depth examination of ID8 stock, go to TipRanks’ Overview page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1