Identitii Ltd. (AU:ID8) has released an update.
Identitii Ltd. has reported a productive quarter with a new contract that broadens its platform’s applications, a robust go-to-market strategy in the USA, and a 25% increase in sales activities. The company raised $1.66M in a Rights Issue and received an $888K research and development loan, maintaining stable quarterly payments to suppliers and employees. With a focus on profitability and market expansion, Identitii is capitalizing on growth opportunities, particularly in the North American market.
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