EOI Period Closed, Due Diligence Begins
We are very pleased to signal that we have received eight (8) formal expressions of interest in YuTru by the closing date last Thursday 30th April.
The expressed interest in owning a part of the Digital Identification Bureau has come from companies considered some of the country’s largest and most successful businesses.
We are encouraged and excited that we have attracted this calibre of interest, and that they, too, see the potential of YuTru and what we will be be able to do for our citizens.
Only those firms that have expressed interest will receive communiques like these from here on in, as YuTru will be assisting and cooperating on private due diligence activities throughout May 2020.
The drop-dead date for this equity offer remains the 31st May, with settlement by the 30th June 2020.