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Identitii Ltd. ( (AU:ID8) ) has shared an announcement.
Identitii Ltd. has entered into an interest-free and unsecured loan agreement with Beauvais Capital for $0.8 million to repay a previous loan with Mitchell Asset Management. This move is aimed at saving the company $0.1 million in interest and ensuring full entitlement to its FY25 R&D Tax Incentive from the ATO, expected in Q2 FY26. Beauvais Capital, Identitii’s largest shareholder, will not see any change in its shareholding due to this transaction.
More about Identitii Ltd.
Identitii Ltd. operates in the financial technology industry, offering a flagship platform called BNDRY. This platform assists product, risk, and compliance teams in managing interactions with customers, partners, and related parties by creating connected ecosystems that provide a single, integrated view of customer risk and related activities.
Technical Sentiment Signal: Sell
Current Market Cap: A$4.67M
For a thorough assessment of ID8 stock, go to TipRanks’ Stock Analysis page.