Total
0
Shares
Identitii (ASX:ID80)- CEO, John Rayment
CEO, John Rayment
Source: Identitii
Market Herald logo

Find out more about this capital raise

Be the first with the news that moves the market
  • Identitii (ID8) ends the week in a trading halt as it plans an upcoming capital raise
  • The company has not released any details about how much it is planning to raise or where the money will be spent
  • Company shares will be paused until Tuesday, October 26, or when more details on the raise are released to the market, whichever one comes first
  • On the market, Identitii last traded at 18 cents per share

Identitii (ID8) has entered into a trading halt as it plans an upcoming capital raise.

The company has not released how much it plans to raise or where the funds will be spent.

Under the halt, company shares will be paused until Tuesday, October 26, or when more details on the raise are released to the market, whichever one comes first.

Identitii is an Australian-based software company that is focused on eliminating anti-money laundering and counter-terrorist financing for financial services businesses.

Recently, the company signed a master technology agreement and a three-year licensing agreement with Standard Chartered Australia (SCB).

Under the agreement, SCB will licence Identitii’s new software-as-a-service platform initially in Australia.

SCB is the second global correspondent bank to sign a master technology services agreement and the fourth global brand to sign a multi-year contract with Identitii.

On the market, Identitii last traded at 18 cents per share.

ID8 by the numbers
More From The Market Herald
The Market Herald Video

" Week in review: Twiggy’s Tattarang backs Emyria’s cannabinoid, MDMA and magic mushroom trials

Welcome to the Market Herald Deal Room for this Friday, where we review the week in capital raising.

" Matrix Composites & Engineering (ASX:MCE) planning capital raise

Matrix Composites & Engineering (MCE) has entered into a trading halt while it plans the final details of an upcoming capital raise.
Firstwave Cloud Technology (ASX:FCT) - Executive Chairman, John Grant

" FirstWave Cloud Technology (ASX:FCT) halts trade on acquisition and cap raise

FirstWave Cloud Technology (FCT) has placed its shares in a trading halt, effective immediately.

" IXUP (ASX:IXU) enters trading halt amid capital raise

IXUP (IXU) has entered into a trading halt ahead of an upcoming capital raise.