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An announcement from IDEX Biometrics ( (IDXAF) ) is now available.
IDEX Biometrics has completed a share capital increase following the conversion of 15 bonds held by CVI Investments, Inc., with a total value of NOK 4,998,000, into 768,923 new shares at a conversion price of NOK 6.50 per share. The registration of this capital increase in the Norwegian Register of Business Enterprises brings the company’s total share capital to NOK 63,369,600, divided into an equal number of shares, slightly diluting existing shareholders while strengthening the company’s equity base and reflecting ongoing use of convertible financing in its capital structure.
More about IDEX Biometrics
IDEX Biometrics ASA is a Norwegian biometrics company focused on identity-first solutions for access and payments. With more than a decade of proprietary innovation, its globally certified technologies are used by leading financial institutions and are delivered to enterprises, the public sector, banks and card issuers to enable secure, seamless digital and physical access and payment experiences.
YTD Price Performance: 1.59%
Average Trading Volume: 157,138
Current Market Cap: NOK388.1M
For an in-depth examination of IDXAF stock, go to TipRanks’ Overview page.