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Identitii Raises $379K but Faces $2.5M Shortfall After Underwriting Exit

8:40am on Thursday 5th of March, 2026 AEDT Technology
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Identitii Raises $379K but Faces $2.5M Shortfall After Underwriting Exit

8:40am on Thursday 5th of March, 2026 AEDT
Key Points
  • Rights issue raised $379,336 with a $2.5 million shortfall
  • Underwriting agreement terminated prior to closure
  • 54.2 million new shares to be issued on 9 March 2026
  • Shortfall shares to be placed by 2 June 2026
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