security

Small cap authentication tech outfits launch raisings – The Australian Financial Review


There were two security authentication technology businesses competing for the attention of small cap fund managers on Thursday.

Two security authentication companies launched capital raisings on Thursday. AFR

First cab off the rank was anti-counterfeiting and tracing technology company Dotz Nano, which is led by former Myer chief executive Bernie Brookes.

Dotz Nano was on the hunt for $5 million in fresh capital and had Bell Potter at hand to help it out.

The $98 million company has a range of carbon-based tracing products which can be imbedded into things like plastics and chemicals in order to certify their origin and authenticity upon purchase. Dotz Nano’s shares last traded at 29¢.

Meanwhile, fellow security authentication outfit YPB Group was tapping the market for $3 million via EverBlu Capital. YPB sells a product authentication technology that is useable with a smartphone.



READ SOURCE

Leave a Reply