$1.0M in Annualised Cost Savings to Further Extend Runway
Filed with ASX · · 2 pages · English
28 September 2023 – Identitii Limited (ASX:ID8) (‘Identitii’, ‘the Company’) today announces $1.0M in annualised cost savings, to further extend its cash runway. Following successful completion of the recent Rights Issue and Shortfall Offer, the Company has quickly moved to further streamline operations, without significantly impacting the ability to deliver customer commitments and growth objecti
Earlier from Identitii
- Removal of Minimum Raise Amount from Entitlement Offer
- Non-Renounceable Rights Issue to Raise $2.1M
- Monoova Signs Identitii Licence Agreement
- Significant One Platform Strategy Progress
- Non-Renounceable Rights Issue Updated Timetable
Later from Identitii
- HSBC Australia contract will expire on 31 December 2023
- Identitii extends runway via sale of Payble shares
- Non-Renounceable Rights Issue
- Pause in trading
- Partial Underwriting of Rights Issue and Extension of Close
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