Identitii Ltd. (AU:ID8) has released an update.
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Identitii Limited has secured a commitment from major shareholder Beauvais Capital to partially underwrite its rights issue offer up to $900,000, in a move that extends the offer’s closing date to July 4, 2024. The funds raised are aimed at maintaining the company’s commercial growth and momentum. This pro-rata non-renounceable entitlement offer allows existing shareholders to purchase additional shares, reinforcing shareholder support and enabling further business opportunities.
For further insights into AU:ID8 stock, check out TipRanks’ Stock Analysis page.