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IDEX Biometrics Completes Second Tranche of Private Placement, Confirms Updated Share Capital

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IDEX Biometrics Completes Second Tranche of Private Placement, Confirms Updated Share Capital

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

IDEX Biometrics ASA has completed the second tranche of its previously announced private placement, with 1,642,363 new shares now registered in the Norwegian Register of Business Enterprises. Following this share capital increase, the company’s total share capital stands at NOK 65,011,963, divided into an equal number of shares with a nominal value of NOK 1.00, marking the formal completion of the capital issuance and modestly strengthening its equity base.

More about IDEX Biometrics

IDEX Biometrics ASA is a Norwegian biometrics company focused on identity-first solutions for secure access and payments. With more than a decade of proprietary innovation, the company provides globally certified biometric technologies that are used by leading financial institutions and serve enterprises, the public sector, banks, and issuers, both directly and through partners, to deliver secure and seamless digital and physical access and payment experiences.

YTD Price Performance: -8.97%

Average Trading Volume: 181,331

Current Market Cap: NOK372.5M

Find detailed analytics on IDXAF stock on TipRanks’ Stock Analysis page.

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