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Identillect Technologies ( (TSE:ID) ) has issued an update.
Identillect Technologies announced a consolidation of its common shares on a 30:1 basis and a name change to Secure Blockchain Development Corp., effective October 3, 2025. This strategic move aims to increase financial community interest, broaden the investor pool, improve trading liquidity, and reduce transaction costs, reflecting the company’s focus on blockchain technology and its applications.
More about Identillect Technologies
Identillect Technologies is a leading provider of blockchain-embedded email encryption services, focusing on securing, verifying, and ensuring the integrity of financial and real-estate transactions. Their flagship product, Delivery Trust®, utilizes the Ethereum blockchain to offer a secure solution against cybersecurity threats.
Average Trading Volume: 40,348
Technical Sentiment Signal: Sell
Current Market Cap: C$1.47M
For a thorough assessment of ID stock, go to TipRanks’ Stock Analysis page.