Precise Biometrics Calls EGM to Approve Merger With Fingerprint Cards

Precise Biometrics AB ( (SE:PREC) ) has issued an announcement.

Precise Biometrics has called an Extraordinary General Meeting for 30 April 2026 in Lund, Sweden, where shareholders will vote on a proposed merger with fellow Swedish biometrics group Fingerprint Cards. Shareholders must be registered with Euroclear Sweden by 22 April and notify their participation by 24 April, with additional procedures set out for proxy and nominee-registered holders.

The board is asking investors to approve a merger plan under which Precise Biometrics will absorb Fingerprint Cards, exchanging each Fingerprint share, regardless of class, for nine new Precise Biometrics ordinary shares. The deal, subject to approvals from both companies’ meetings and regulators, is expected to be registered in early Q3 2026, dissolving Fingerprint Cards and transferring all its assets and liabilities to Precise Biometrics, significantly reshaping the combined group’s scale and position in the biometrics market.

The most recent analyst rating on (SE:PREC) stock is a Hold with a SEK2.00 price target. To see the full list of analyst forecasts on Precise Biometrics AB stock, see the SE:PREC Stock Forecast page.

More about Precise Biometrics AB

Precise Biometrics AB is a Sweden-based technology company specializing in biometric solutions, including fingerprint recognition and related security software. The company focuses on digital identity and secure authentication, serving markets that require robust biometric verification in devices and access control systems.

YTD Price Performance: -22.14%

Average Trading Volume: 145,627

Technical Sentiment Signal: Sell

Current Market Cap: SEK138.8M

See more insights into PREC stock on TipRanks’ Stock Analysis page.