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IDENTITII LIMITED — Capital/Financing Update 2020
Mar 8, 2020
65097_rns_2020-03-08_13825d83-277c-4799-9d9d-b0d1d7d2be2e.pdf
Capital/Financing Update
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ASX ANNOUNCEMENT 9 March 2020
Withdrawal of Prospectus
Identitii Limited ( Identitii, Company ) (ASX:ID8), the FinTech reducing last mile payment hold ups for banks and corporates, advises that, due to unprecedented market volatility, it has resolved not to proceed with its Offer to raise $3.27m at $0.24 per share and is withdrawing its Prospectus.
Identitii has instructed its share register, Boardroom Pty Limited, to return all funds received under the Prospectus to applicants.
The Company is currently working on an alternative funding mechanism which it expects to announce to the market shortly.
This announcement has been approved and authorised to be given to ASX by the Board of Identitii Limited.
For more information, please contact:
Elissa Hansen Company Secretary E: [email protected] P: +61 411 764 556
About Identitii
Identitii Limited (ASX:ID8) is using blockchain and tokenisation to connect banks and businesses with the data they need to process, reconcile and report on payments, reducing last mile hold ups. Founded in 2014 and headquartered in Sydney, Australia, Identitii is listed on the Australian Securities Exchange (ASX:ID8).
For more information visit: www.identitii.com
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Identitii Limited
ABN 83 603 107 044 129 Cathedral St, Woolloomooloo, NSW 2011, Australia www.identitii.com [email protected]