Killi files 2Q results and plans shareholder call in September

Killi Ltd (CVE:MYID) (OTCMKTS:MYIDF), a consumer-first data company, said Thursday that it has filed its management, discussion and analysis (MD&A) documents for the second quarter and first half of 2020. 

“The second quarter was a period of transformation for Killi,” CEO Neil Sweeney said in statement. “We completed the sale of the Freckle business unit, rebranded as Killi and significantly grew the Killi ecosystem.” 

The Toronto-based company said it plans to hold an investor call in mid-September to discuss its financial position and outlook for the future, in addition to taking questions from shareholders.

READ: Killi says ‘fair-trade’ consumer data now available for purchase on LiveRamp store

“We expect the second half of this year to be instrumental in achieving the Company’s goal of being the global leader in consumer privacy,” Sweeney said. “We look forward to updating shareholders on our progress in September.”

Killi also announced that it has repriced 290,000 stock options held by employees to an exercise price of C$0.07 per share and will reprice an additional 60,000 options on September 5. The amended price of the additional options will be the company’s closing price on that day.

Killi lets people take control of their data from companies that have been collecting and selling it unbeknownst to them. With Killi, consumers can opt-in and link specific personal information from various financial and social accounts that they would like to share with companies and be compensated directly in the form of cash. The Killi app is available on iOS and Android.

Contact Andrew Kessel at [email protected]

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Story by ProactiveInvestors