Identitii Ltd. (AU:ID8) has released an update.
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Identitii Ltd. has experienced a reduction in voting power for substantial holder Cameron Beavis, whose interest decreased from 37.13% to 28.83% due to a dilution from the issue of new shares. This change highlights the potential impact of share issuance on existing shareholders’ voting influence within the company.
For further insights into AU:ID8 stock, check out TipRanks’ Stock Analysis page.