IDEX Biometrics ( (IDXAD) ) just unveiled an announcement.
IDEX Biometrics ASA has announced a correction to a previous notice regarding a large shareholding. The company has resolved to issue 3 billion shares in a debt conversion, increasing the total shares to over 3.8 billion. A close associate of Robert Keith, Charles Street International Ltd., will receive 1 billion shares, representing 26.10% of the company’s shares and voting rights. Overall, Robert Keith and his associates will hold 28.38% of the shares and voting rights, subject to the registration of the share capital reduction.
More about IDEX Biometrics
Technical Sentiment Signal: Buy
Current Market Cap: $3.22M
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