Fingerprint Cards AB Validates Rights Issue with New Prospectus

Overview of the Rights Issue Announcement

Fingerprint Cards AB (publ), commonly known as Fingerprints, has made a significant announcement regarding its rights issue proposal. The new prospectus, which presents an offering of units comprised of new shares of series B and warrants for subscription of B-shares, has recently gained approval from the Swedish Financial Supervisory Authority. This marks a crucial step in supporting Fingerprints' financial endeavors moving forward.

Details of the Rights Issue

The rights issue will provide a preferential opportunity for existing shareholders to acquire Units. These Units consist of newly issued B-shares, along with warrants that will allow for subscription of additional B-shares. Fingerprints is committed to ensuring that current shareholders are granted priority during this process, emphasizing the company's aim to solidify its financial foundation.

Available Documentation

The funding strategy is outlined in the newly issued prospectus accessible on Fingerprints' official website, alongside the documentation available on the Carnegie Investment Bank AB’s website. This accessibility is a strategic effort aimed at keeping existing and prospective investors informed about this opportunity.

Projected Timelines

Anticipated timelines associated with the rights issue are as follows:

• Estimated publication date of the prospectus: forthcoming.
• First trading day for shares exclusive of rights: upcoming.
• Record date to determine participation in the rights issue: upcoming.
• Trading period for unit rights: upcoming.
• Subscription period for shares: upcoming.
• Trading for paid subscribed Units: upcoming.
• Date for announcing the rights issue outcome: forthcoming.

Advisory Team Involved

Fingerprints has partnered with Penser by Carnegie, as its financial advisor, which reflects the company’s proactive approach in navigating this rights issue. The legal aspects are handled by Gernandt & Danielsson Advokatbyrå KB, a notable law firm, ensuring that all transactions comply with regulatory standards.

Contact Information for Investors

Adam Philpott, the CEO, leads the investor relations efforts. For inquiries, investors are encouraged to reach out via the following contact methods:

Investor Relations:
+46(0)10-172 00 10
investrel@fingerprints.com

Press Inquiries:
+46(0)10-172 00 20
press@fingerprints.com

Company Background and Market Position

Fingerprint Cards AB has established itself as a leading entity in the biometrics industry, positioning itself as a visionary in secure identification technologies. With a strong commitment to security, Fingerprints aims to create a seamless integration of biometric solutions across numerous devices and applications worldwide.

As a technology leader, Fingerprints has been instrumental in delivering biometric solutions used millions of times daily. Their product offerings emphasize safe identification processes, enhancing user experience while maintaining high-security standards. This rights issue is a step towards further innovation and expansion in the biometric sector.

Frequently Asked Questions

What is the purpose of the rights issue?

The rights issue allows existing shareholders to purchase additional shares and warrants, supporting Fingerprints' strategic financial endeavors.

When will the rights issue take place?

The estimated timelines will be published soon, detailing the record and subscription periods for the rights issue.

Who can participate in the rights issue?

Current shareholders will have preferential rights to engage in this offering, allowing them to increase their shareholding in Fingerprints.

How can I access the prospectus?

The prospectus will be available on Fingerprints' official website and Carnegie Investment Bank's website for public access.

Who should I contact for more information?

Adam Philpott, CEO, can be contacted for investor relations inquiries via the provided contact details.

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