leadf
logo-loader
viewiSignthis Ltd

Otis Energy changes name to iSignthis

au_asx358_54a3422f95732.jpg

Otis Energy (ASX:OTE) has changed its name to iSignthis (ASX:ISX) reflecting its move to acquire Australian online identification and payment authentication provider iSignthis.

It is paying 298,333,333 shares priced at $0.03 and 336,666,667 rights for iSignthis.

iSignthis has been granted U.S., European, South African and Australian patents that significantly enhance online payment security, internet identity, e-mandates and e-contract validation services.

Patents are pending in several other key jurisdictions, including China, Hong Kong, Canada, Brazil and India.

iSignthis can assist banks, online betting companies, insurance groups, airlines and other AML/KYC regulated entities to authenticate the source of funding used by a person, by verifying online transactions made on financial instruments such as regulated credit or debit cards.

The company has raised $3 million through a placement of shares to institutional and high net worth investors.

It is also raising up to $3.1 million through an offer of 103.3 million shares priced at $0.03 each through a share offer.



Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX “Small and Mid-cap” stocks with distribution in Australia, UK, North America and Hong Kong / China.

Quick facts: iSignthis Ltd

Price: - AUD

ASX:ISX
Market: ASX
Market Cap: -
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

FOR OUR FULL DISCLAIMER CLICK HERE

FastForward Innovations' boss joins Leap Gaming board to spearhead 2021...

FastForward Innovations Ltd's (LON:FFWD) Ed McDermott, the group's chief executive, has been appointed to the board of Leap Gaming as a non-executive director. His expertise in running a listed company and the knowledge of the London market will be used to spearhead the virtual sports...

11 hours, 46 minutes ago

2 min read