Identitii Ltd. (AU:ID8) has released an update.
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Identitii Ltd. has announced a non-renounceable entitlement offer to raise approximately $2.15 million by offering new shares on a pro-rata basis to existing shareholders. The offer allows shareholders to purchase one new share for every two shares they own, with the potential to significantly increase the total number of shares if fully subscribed. The capital raised will support Identitii’s mission to enhance digital commerce by connecting payment data across various boundaries.
For further insights into AU:ID8 stock, check out TipRanks’ Stock Analysis page.