IDEX Biometrics Completes Successful Private Placement
IDEX Biometrics ASA has successfully finalized a private placement of new shares through an accelerated book build. This placement involves 16,166,667 shares priced at NOK 0.60 each, which raises a total of NOK 9.7 million before expenses. The funds generated from this private placement will be allocated for general corporate purposes.
Details on Payment and Delivery
The payment date for the private placement has been established, and the shares are anticipated to be delivered soon after.
Share Capital Overview
After the completion of the private placement, IDEX Biometrics ASA’s share capital will amount to NOK 49,443,983.25. This will be divided into 329,626,555 shares, each having a nominal value of NOK 0.15.
Contact Information
Contact Person:
Marianne Bøe, Head of Investor Relations
E-mail: marianne.boe@idexbiometrics.com
Tel: +47 9180 0186
About IDEX Biometrics
IDEX Biometrics ASA (OSE: IDEX) is a leading global technology company specializing in fingerprint biometrics. They provide authentication solutions for various sectors, including payments, access control, and digital identity. Their innovative solutions are designed to enhance convenience, security, and user experience. Built on proprietary sensor technologies, integrated circuit designs, and software, their biometric offerings focus on card-based applications for payments and digital authentication. IDEX partners with prominent card manufacturers and technology firms to bring these solutions to market.
Frequently Asked Questions
What was the purpose of the private placement?
The private placement aimed to raise funds for general corporate purposes.
How much money did the private placement raise?
The private placement successfully raised NOK 9.7 million before expenses.
How many shares were offered in the placement?
A total of 16,166,667 new shares were offered during the placement.
Who can be contacted for more information about IDEX Biometrics?
For further information, you can reach out to Marianne Bøe, the Head of Investor Relations, via email or phone.
What does IDEX Biometrics specialize in?
IDEX Biometrics specializes in fingerprint biometrics, offering authentication solutions for a range of applications, including payments and digital identity.
