Business
Killi Finalizes Name Change, Closes Sale of Freckle Business Unit and Announces Filing of First Quarter Results
Killi Finalizes Name Change, Closes Sale of Freckle Business Unit and Announces Filing of ...
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[{"type":"text","content":"\n\n\n\nKilli Finalizes Name Change, Closes Sale of Freckle Business Unit and Announces Filing of First Quarter Results\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n\n\n\n\n\n\n\nCanada NewsWire\nTORONTO, May 29, 2020\n\n\n\nThe company is now focused and fully-capitalized on expanding Killi into the global leader in consumer privacy.\n TORONTO, May 29, 2020 /CNW/ - Killi Ltd. (the \"Company\") (TSXV: MyID) announces the finalization of several corporate initiatives including the closing of the Freckle transaction with PlaceIQ, the Company's name change to Killi Ltd, and the filing of the Financial Statements, Management Discussion and Analysis for the period ending March 31, 2020.\n\n \n \n \n \n \n \n\n \nThe combination of the closing of the Freckle transaction, as well as the changes to the company's name and ticker symbol, allows us to turn the page on the Freckle era and remove any confusion about what the focus of the business is moving forward\" commented Killi's Founder and CEO Neil Sweeney. \"With the non-dilutive capital from the sale of the Freckle unit, as well as the completed financing that we announced earlier this week, the Company is now well-capitalized to continue to build on its goal of being the global leader in consumer privacy.\"  \nName Change to Killi Ltd.\nThe Company's previously announced name change to \"Killi Ltd.\" is effective today and trades under the symbol MyID.TSXV.  MyID was chosen as the ticker symbol as it is the goal of Killi to provide an ecosystem to allow consumers to put all of their consumer data and identity under their control.  The new CUSIP/ISIN numbers for the Class A common shares of the Company (the \"Common Shares\") are as follows: 49423R106/CA49423R1064.  Existing shareholders are not required to take any action concerning the name change. Issued share certificates representing the Common Shares will not be affected by the name change.\nClosing of Sale of Offline Attribution Data Business \nThe Company has also completed the previously announced sale (...