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IDEX Biometrics ( (IDXAF) ) just unveiled an announcement.
IDEX Biometrics ASA announced the successful completion of its Subsequent Offering, which was oversubscribed by eight times, resulting in the allocation and issuance of 600 million new shares at a subscription price of NOK 0.01 per share. This offering raised gross proceeds of NOK 6 million, and the share capital increase is expected to be registered by mid-June 2025, enhancing the company’s financial position and market presence.
More about IDEX Biometrics
IDEX Biometrics ASA is a global leader in fingerprint biometrics technology, focusing on authentication solutions for payments, access control, and digital identity. The company leverages patented sensor technologies, integrated circuit designs, and software to enhance security and user experience in card-based applications. IDEX collaborates with leading card manufacturers and technology companies to bring its solutions to market.
YTD Price Performance: -62.07%
Average Trading Volume: 21,336,139
Current Market Cap: NOK200.4M
Find detailed analytics on IDXAF stock on TipRanks’ Stock Analysis page.