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Identitii Ltd. ( (AU:ID8) ) has issued an announcement.
Identitii Ltd. has announced the issuance of 45,000,000 ordinary fully paid shares as part of an agreement to convert debt into equity. This move is expected to impact the company’s financial structure by reducing debt and potentially improving its market position, offering stakeholders a clearer insight into its financial health.
More about Identitii Ltd.
Identitii Ltd. operates in the financial technology industry, providing solutions that enhance the transparency and efficiency of financial transactions. The company focuses on developing platforms that facilitate secure and compliant data exchange between financial institutions.
Technical Sentiment Signal: Sell
Current Market Cap: A$7M
See more data about ID8 stock on TipRanks’ Stock Analysis page.