IDEX Biometrics Completes Share Capital Increase
IDEX Biometrics ASA is pleased to announce the successful registration of a share capital increase following the recent exercise of Warrants A. This event represents a significant milestone in the company's growth and ongoing commitment to innovation in the biometrics sector.
Details of the Share Capital Increase
Exercise of Warrants A
On March 18, an announcement revealed that a total of 17,258 Warrants A were exercised. This resulted in the subscription of 17,258 new shares, with each Warrant A having an exercise price established at NOK 0.15. The exercise of these warrants exemplifies the confidence investors have in IDEX Biometrics’ future directions and projects.
Current Share Capital Standing
The recent registration has increased IDEX Biometrics ASA's share capital to NOK 124,739,134.80. This capital is now divided into 831,594,232 shares, each carrying a nominal value of NOK 0.15. Such an increase not only strengthens the company’s equity base but also enhances its capacity for future developments and investments.
Contact Information for Stakeholders
For additional details or inquiries, stakeholders can reach out to:
Marianne Bøe, Head of Investor Relations, Tel: +47 91800186
Kristian Flaten, CFO, Tel: +47 95092322
E-mail: ir@idexbiometrics.com
About IDEX Biometrics ASA
IDEX Biometrics ASA (IDEX) is a leading global technology company specializing in fingerprint biometrics. The firm is at the forefront of providing authentication solutions that encompass payment systems, access control mechanisms, and digital identity verification. With a mission to deliver convenience, security, and seamless user experiences, IDEX crafts its solutions through advanced research and proprietary technologies.
They have established partnerships with prominent card manufacturers and technology firms, ensuring that their cutting-edge biometric solutions are accessible within the payment and digital authentication landscape. This collaborative approach enhances IDEX’s position as an innovative leader in the biometric industry.
Company Notice
This announcement was issued by CFO Kristian Flaten on behalf of IDEX Biometrics ASA, confirming the registration of the share capital increase. The information disclosed here is in compliance with relevant regulations.
Frequently Asked Questions
What is the recent share capital increase by IDEX Biometrics?
IDEX Biometrics has registered a share capital increase amounting to NOK 124,739,134.80 by exercising Warrants A.
How many Warrants A were exercised?
A total of 17,258 Warrants A were exercised, leading to the issuance of an equal number of new shares.
What is the nominal value of the newly issued shares?
The nominal value of each new share is NOK 0.15.
How can investors contact IDEX Biometrics?
Investors can contact Marianne Bøe or Kristian Flaten for inquiries, using the provided phone numbers and email.
What is the focus area of IDEX Biometrics ASA?
IDEX specializes in fingerprint biometrics, providing solutions for secure transactions, access control, and identity verification.
