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IDEX Biometrics Announces Share Capital Increase

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IDEX Biometrics Announces Share Capital Increase

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IDEX Biometrics ( (IDXAF) ) has shared an announcement.

IDEX Biometrics ASA has announced the registration of a share capital increase following a private placement of 9,090,909 shares at NOK 3.30 per share. The new shares, part of Tranche 2 and underwriting shares, will be delivered on a separate ISIN pending the approval of a prospectus by the Norwegian Financial Supervisory Authority. This development will increase the company’s share capital to NOK 56,909,707, potentially enhancing its market positioning and operational capacity.

More about IDEX Biometrics

IDEX Biometrics ASA is a global technology leader specializing in fingerprint biometrics. The company provides authentication solutions for payments, access control, and digital identity, focusing on card-based applications. IDEX partners with leading card manufacturers and technology companies to deliver secure and seamless user experiences.

YTD Price Performance: -59.35%

Average Trading Volume: 220,182

Current Market Cap: NOK151.6M

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

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