tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

IDEX Biometrics Completes Oversubscribed Share Offering

Story Highlights
IDEX Biometrics Completes Oversubscribed Share Offering

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

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

IDEX Biometrics ASA announced the successful completion of a subsequent offering, issuing 600,000,000 new shares at NOK 0.01 each, raising NOK 6 million. This oversubscribed offering reflects strong market interest and results in a total share capital of NOK 44,316,309.99, positioning the company for further growth in the biometrics industry.

More about IDEX Biometrics

IDEX Biometrics ASA is a global technology leader in fingerprint biometrics, providing authentication solutions for payments, access control, and digital identity. The company partners with leading card manufacturers and technology companies to deliver its solutions, which are built on patented sensor technologies, integrated circuit designs, and software.

YTD Price Performance: -61.21%

Average Trading Volume: 20,334,220

Current Market Cap: NOK172.8M

See more insights into IDXAF stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1