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IDEX Biometrics ( (IDXAD) ) has shared an update.
IDEX Biometrics ASA announced a private placement of 9,090,909 shares at NOK 3.30 per share, with the first tranche of 4,731,594 shares now registered, increasing the company’s share capital to NOK 52,095,850. This capital increase is expected to bolster IDEX’s market position and support its growth in the biometric authentication industry.
More about IDEX Biometrics
IDEX Biometrics ASA is a global leader in fingerprint biometrics, providing authentication solutions for payments, access control, and digital identity. The company focuses on delivering secure and seamless user experiences through its proprietary sensor technologies and software, partnering with card manufacturers and tech firms to market its solutions.
Average Trading Volume: 283,718
Current Market Cap: NOK156.3M
See more insights into IDXAD stock on TipRanks’ Stock Analysis page.