Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
The latest update is out from Precise Biometrics AB ( (SE:PREC) ).
Precise Biometrics’ 2026 Annual General Meeting in Lund approved the past year’s income statement and balance sheet, discharged the board and CEO from liability, and decided to retain 2025 earnings without paying a dividend. Shareholders confirmed a four-member board rising to six after the planned merger with Fingerprint Cards, re-elected chairman Torgny Hellström, set board and committee fees, and reappointed Ernst & Young as auditor.
The meeting also granted the board several capital-raising mandates tied to the Fingerprint Cards merger and future growth, including authorization for a roughly SEK 110 million rights issue, issuance of warrants to holders of Fingerprint Cards’ 2025:1 warrants, and additional flexibility to issue shares and convertible instruments equal to up to 20 percent of current share capital. These decisions position Precise to finance the merger transaction, align warrant structures, and maintain strategic funding capacity as it pursues its expansion in biometric security markets.
More about Precise Biometrics AB
Precise Biometrics AB is a global provider of biometric security and identity management solutions for both physical and digital environments. Its portfolio spans fingerprint, facial, and palm recognition algorithms, as well as turnkey systems for physical access control and visitor management, targeting secure and seamless access to devices, premises, and digital identities across international markets.
Average Trading Volume: 142,620
Technical Sentiment Signal: Sell
Current Market Cap: SEK131.4M
Learn more about PREC stock on TipRanks’ Stock Analysis page.