Identitii Ltd. (AU:ID8) has released an update.
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Identitii Ltd. has announced a 1 for 2 Non-Renounceable Rights Issue to raise $2.15 million, with shares priced at $0.01 each, aimed at fueling the company’s growth in the data sharing market. The capital raised will be directed towards working capital, securing new commercial deals, and exploring technology partnerships. CEO John Rayment highlights the company’s recent successes, including new commercial deals, a robust technology platform, and a management team with deep industry connections.
For further insights into AU:ID8 stock, check out TipRanks’ Stock Analysis page.