Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Precise Biometrics AB ( (SE:PREC) ) has issued an update.
Precise Biometrics has published the merger document for its planned statutory merger with Fingerprint Cards, under which Precise will absorb its fellow Swedish biometrics specialist. The companies aim to create a larger combined business with a stronger product offering, broader commercial reach and sufficient scale to support profitability, organic growth and further consolidation in the biometrics market.
The merger document is now available on Precise Biometrics’ website, and shareholders have been called to an extraordinary general meeting on 30 April 2026 to vote on the transaction. Subject to approvals, the merger is expected to close in early third quarter 2026, with financial and legal advisors DNB Carnegie Investment Bank and Vinge engaged to support the process.
The most recent analyst rating on (SE:PREC) stock is a Hold with a SEK1.50 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 Swedish biometrics company based in Lund that develops and supplies fingerprint and identity authentication solutions. The company focuses on secure digital identification technologies for devices and systems, targeting markets where reliable biometric verification and scaled deployment are critical for customers and partners.
Average Trading Volume: 144,564
Technical Sentiment Signal: Sell
Current Market Cap: SEK135.4M
Find detailed analytics on PREC stock on TipRanks’ Stock Analysis page.