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IDEX Biometrics Increases Share Capital Following Warrant Exercise

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An announcement from IDEX Biometrics ( (IDXAD) ) is now available.

IDEX Biometrics ASA announced the successful exercise of 36,767 Warrants B, resulting in the subscription of an equal number of new shares at an exercise price of NOK 0.15 each. This development has led to an increase in the company’s share capital, now totaling NOK 38,316,309.99, divided into 3,831,630,999 shares. This capital increase is expected to strengthen IDEX’s financial position, enabling further growth and expansion in the biometric authentication industry.

More about IDEX Biometrics

IDEX Biometrics ASA is a global technology leader specializing in fingerprint biometrics. The company provides authentication solutions for payments, access control, and digital identity, aiming to deliver convenience, security, and seamless user experiences. IDEX partners with leading card manufacturers and technology companies to bring its biometric solutions to market.

YTD Price Performance: -64.66%

Average Trading Volume: 24,742,038

Current Market Cap: NOK150.2M

Learn more about IDXAD stock on TipRanks’ Stock Analysis page.

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