Identitii Ltd. (AU:ID8) has released an update.
Identitii Ltd., a technology company focused on connecting payment data worldwide, has announced an equity raising of approximately $2.15 million through a non-renounceable entitlement offer of new shares. The offer, detailed in an ASX announcement, allows existing shareholders to purchase one new share for every two held, potentially issuing an additional 215 million shares. The capital raise is aimed at eligible shareholders without the need for a disclosure document, with the exact impact on company control dependent on shareholder uptake.
For further insights into AU:ID8 stock, check out TipRanks’ Stock Analysis page.
