Codeifai Limited (ASX:CDE) Acquires Trust Codes to Enhance AI QR Solutions
Acquisition Details
Codeifai Limited (ASX:CDE) has entered into a binding Share Purchase Agreement to acquire Trust Codes Global Limited, a competitor in QR code traceability with customers worldwide. The acquisition involves issuing 50 million CDE shares and paying A$150,000 in cash, subject to shareholder approval and capital raising.
Strategic Rationale
The acquisition strengthens Codeifai’s presence in Australasia, North America, and Europe, uniting strengths in QR code management and anti-counterfeit protection. It positions Codeifai as a leader in AI-powered traceability ahead of the 2027 transition to 2D barcodes.
Executive Comments
Executive Chairman John Houston stated, “This is more than a merger — it’s a company-transforming moment for Codeifai. The world has adopted QR Codes into many aspects of our business and daily lives having moved beyond brand protection into areas such as payment solutions, traceability and connectivity so the combination of our and Trust Codes’ platforms establishes CDE well as the world moves towards “Sunrise 2027”. With this acquisition, Codeifai has the opportunity to become a global authority in intelligent product identity. This is not just about acquiring our main competitor, it’s about consolidating expertise, scaling innovation, and defining what the future of consumer-brand interaction becomes. The integration of Trust Codes’ world-class platform with our AI-data driven approach will offer solutions for the world’s most trusted and respected brands to safeguard trust, move faster, protect and trace their products more effectively, and connect with their consumers in more powerful, meaningful and valuable ways than ever before.”
Motley Fool contributor Kiarra Jackson has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
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