NEXT Biometrics Raises NOK 40 Million in Private Placement

NEXT Biometrics Group ASA (NXTBF) has released an update.

NEXT Biometrics Group ASA successfully completed a private placement of 5.5 million shares, raising approximately NOK 40 million to support its growing order pipeline. The offering saw strong interest from both existing shareholders and new investors, with shares priced at NOK 7.30 each, matching the last market closing price. The initiative is aimed at securing necessary working capital in a cost-efficient manner, minimizing dilution for non-participating shareholders.

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