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Codeifai Limited (ASX:CDE)

ALERT: Price-sensitive ASX Announcement for CDE
Current share price for CDE : $0.010 -0.005 (-32.14%)+
Announcement
Release
16 Sep 2025 9:49AM
Price at Release
$0.014
Full Release
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Summary
Codeifai Limited announced the mutual termination of the Share Purchase Agreement for Trust Codes, effective immediately. This decision is part of Codeifai's strategic transition from its historical anti-counterfeit solutions to focus on high-margin SaaS platforms and quantum-secured fund and file transfers. The company is prioritizing the acquisition of the QuantumAI secure platform from Credissential, which will be rebranded as QuantumAI Secure. The termination allows Codeifai to concentrate on advancing its AI and quantum-security services.
Key Points
  • The Share Purchase Agreement of Trust Codes was mutually terminated.
  • Termination is effective immediately with no further effects.
  • Codeifai Limited (ASX: CDE) focuses on transitioning to high-margin SaaS and Quantum Secured Fund and File Transfers.
  • The decision aligns with Codeifai's shift from anti-counterfeit solutions to AI and quantum-security services.
  • CDE plans the acquisition of the QuantumAI secure platform from Credissential.
  • Codeifai is rebranding the QuantumAI Secure platform.
  • The termination of the agreement allows Codeifai to focus on its future strategies in AI and secure transfer technologies.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.