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IDEX Biometrics Announces Private Placement with Insider Participation

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IDEX Biometrics Announces Private Placement with Insider Participation

TipRanks Cyber Monday Sale

IDEX Biometrics ( (IDXAF) ) just unveiled an announcement.

IDEX Biometrics ASA announced a private placement of 7,333,333 shares at NOK 3.00 per share, divided into two tranches. In the first tranche, significant subscriptions were made by insiders, including chair Morten Opstad and CEO/CFO Anders Storbråten, indicating strong internal confidence in the company’s future prospects.

More about IDEX Biometrics

IDEX Biometrics ASA is a leader in the biometrics industry, focusing on identity-first solutions for access and payments. With over a decade of innovation, their globally certified solutions are trusted by financial institutions and serve various sectors including enterprises, public sector, banks, and issuers.

YTD Price Performance: -51.55%

Average Trading Volume: 85,271

Current Market Cap: NOK187.2M

For detailed information about IDXAF stock, go to TipRanks’ Stock Analysis page.

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