Catenae Innovation PLC expects to update on Cov-ID project next week as
Cov-ID is a GDPR compliant identity documentation exchange system that records an individual’s coronavirus test status through a mobile app
() said it is expecting to update the market in relation to a proof of concept for its Cov-ID project by June 19.
The digital media and tech firm is working in partnership with Newcastle Premier Health Ltd, an occupational health and wellness business, to develop Cov-ID, a GDPR compliant identity documentation exchange system that records an individual’s coronavirus test status through a mobile app that is intended to be marketed to businesses and organisations.
WATCH: Catenae Innovation’s Guy Meyer outlines agreement with Newcastle Premier Health for Cov-ID project
Catenae provided the update while noting a surge in its share price, adding that it is also in discussion with its broker regarding a possible fundraising, saying if it occurred it will be at a “significant discount to the current share price”.
Shares in Catenae were up 41.7% at 2.6p in late-afternoon trading on Thursday.
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…
In exchange for publishing services rendered by the Company on behalf of Catenae Innovation PLC named herein, including the promotion by the Company of Catenae Innovation PLC in any Content on the Site, the Company…
Read More: Catenae Innovation PLC expects to update on Cov-ID project next week as