Identitii Raises $4 Million via Placement

Jane Morgan Management


  • Identitii receives binding commitments to raise $4.015 million at 14.6 cents per share
  • Shareholder Purchase Plan (SPP) to raise additional $2 million
  • CEO John Rayment to take up full SPP allocation
  • Company is well funded to further execute on growth strategy
26 November 2020 – Identitii Limited (Identitii, Company) (ASX:ID8) is pleased to advise that it
has received binding commitments to raise a total of $4.015 million via an oversubscribed
placement to sophisticated and institutional investors.
Approximately 27.5 million shares from the Company’s existing placement capacity under ASX
listing rules 7.1 and 7.1A will be placed at $0.146 per share. The Placement shares are expected
to be issued on 3 December 2020.
/Public Release.