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IDEX Biometrics ( (IDXAD) ) has shared an announcement.
IDEX Biometrics ASA has successfully completed a NOK 30 million private placement to support its commercialization efforts and general corporate purposes. The placement, managed by Arctic Securities AS, was divided into two tranches and involved the issuance of new shares, with the first tranche already resolved and the second pending approval. This move is part of IDEX’s strategy to raise equity efficiently in current market conditions, aiming to capitalize on growth opportunities.
More about IDEX Biometrics
IDEX Biometrics ASA is a global leader in fingerprint biometrics technology, providing authentication solutions for payments, access control, and digital identity. The company partners with card manufacturers and technology firms to deliver secure, convenient, and seamless biometric solutions based on proprietary sensor technologies and software.
YTD Price Performance: -47.14%
Average Trading Volume: 204,179
Current Market Cap: NOK170M
For a thorough assessment of IDXAD stock, go to TipRanks’ Stock Analysis page.