Core Insights - IDEX Biometrics has launched India's first RuPay biometric payment card in collaboration with Hitachi Payment Services and Airtel Payments Bank, marking a significant advancement in secure digital payments in India [1][4] - The biometric card utilizes IDEX Pay technology for fingerprint authentication, enhancing security for digital transactions following a regulatory update from the Reserve Bank of India (RBI) [2][4] - The card is currently in pilot testing, with partners aiming for a swift market introduction, reflecting a commitment to the RuPay ecosystem and the growing card payments market in India [3][4] Company Overview - IDEX Biometrics ASA is a global leader in fingerprint biometrics, providing authentication solutions for payments, access control, and digital identity, focusing on convenience and security [5] - The company employs patented sensor technologies and collaborates with leading card manufacturers and technology firms to bring biometric solutions to market [5]

Reference is made to the Oslo Stock Exchange announcement issued by IDEX Biometrics ASA' on 21 July 2025 of a private placement of 9,090,909 shares at NOK 3.30 per share, split in two tranches.The FSA has today approved the Prospectus. By reason of the approval and publication of the Prospectus, the Shares (tranche two and underwriting shares) will be transferred to the Company’s ordinary ISIN and be admitted to trading on Oslo Stock Exchange. For further information, please contact: Anders Storbråten, CEO ...

Core Insights - The Reserve Bank of India (RBI) has approved biometric authentication technology for digital payments, including IDEX's fingerprint payment solutions, effective April 2026 [1][2] - The RBI's endorsement of fingerprint biometric authentication marks a shift from traditional SMS-based one-time passwords, validating IDEX's strategic positioning in the Indian market [2][3] - IDEX Biometrics' CEO emphasized the significance of this approval as a transformational moment for digital payment security in India, highlighting successful pilot testing with Indian payment partners [3] Company Overview - IDEX Biometrics ASA is a global leader in fingerprint biometrics, providing authentication solutions for payments, access control, and digital identity [4] - The company's biometric solutions are designed to enhance convenience, security, and user experience, utilizing patented sensor technologies and integrated circuit designs [4] - IDEX partners with leading card manufacturers and technology companies to bring its biometric solutions to market [4]

Core Insights - IDEX Biometrics has secured an order of 45,000 sensors from DigAware, enabling rapid scaling of biometric access solutions in the U.S. market before global expansion [1] - The partnership highlights the growing demand for secure access control and safety, with IDEX's technology being recognized for its speed, accuracy, and support [2] - IDEX Biometrics positions itself as a leader in fingerprint biometrics, focusing on card-based applications for payments and digital authentication [3] Company Overview - IDEX Biometrics ASA is a global technology leader in fingerprint biometrics, providing authentication solutions across various sectors including payments and access control [3] - DigAware, a product division of Emnovate, aims to innovate in biometric access solutions, driven by the increasing need for secure access control [2][3] - Emnovate, founded by Robin Bienfait, offers advisory services to businesses seeking growth and new business models [3]

Company Overview - IDEX Biometrics ASA has launched a new product portfolio for payment and access solutions, marking a significant milestone in its strategic transformation [1][2] - The company has evolved from a component supplier to a fully-fledged product company, enhancing its value proposition and expanding its addressable market [2] Market Positioning - The new product portfolio positions IDEX at the forefront of the global shift toward passwordless authentication, meeting the growing demand for biometric solutions that outperform competitors in security and user experience [1][2] - Customer feedback has been exceptionally strong, with high demand for passwordless solutions where IDEX demonstrates superior performance compared to alternative technologies [3] Strategic Initiatives - During the third quarter, IDEX entered into multiple partnerships through Letters of Intent and initiated product testing with several companies, targeting commercial launches throughout 2025 [2] - The company plans to host a presentation covering the new product portfolio and market opportunities, with details to be announced separately [3] Industry Insights - The Zero Trust security market is projected to grow from $42.91 billion in 2025 to $92.42 billion by 2030, indicating a significant opportunity for IDEX in this space [5] - The digital payment fraud detection market is expected to expand from $8.1 billion to $20.0 billion by 2032, further highlighting the potential for growth in biometric payment solutions [5]

Group 1 - IDEX Biometrics ASA completed the subscription and allocation of Tranche 2 shares on 20 August 2025, following a private placement of 9,090,909 shares at NOK 3.30 per share disclosed on 21 July 2025 [1] - Altea AS will hold 5,347,321 shares in IDEX, representing 9.40% of the shares and voting rights [2] - Sundt AS will hold 2,804,915 shares in IDEX, representing 4.93% of the shares and voting rights [3] Group 2 - The information is disclosed according to section 4-2 of the Norwegian Securities Trading Act (STA) and published in accordance with section 5-12 of the STA [4]

Financial Performance - IDEX Biometrics reported operating expenses excluding cost of materials and depreciation of $5.2 million for the first half of 2025, a 52% reduction compared to $10.7 million in the same period of 2024 [2] - The company had a net loss of $2.1 million for the quarter, with revenues of $0.1 million [2] - Cash balance as of June 30, 2025, was $1.0 million [2] Operational Changes - The company reduced its full-time equivalent staff from 59 on June 30, 2024, to 30 by the end of Q2 2025, resulting in a 73% reduction in compensation and benefits costs compared to the previous quarter [2] - A renegotiation of Heights convertible bond reduced the outstanding principal from approximately NOK 66.6 million to NOK 50.0 million, and further to approximately NOK 33.3 million in July [2] - The company aims to achieve a quarterly run rate of operating expenses between $1.5 million and $1.7 million by the end of Q3 2025 [2] Management and Governance - On June 1, 2025, IDEX strengthened its management team by appointing Kjell-Arne Besseberg as Chief Operating Officer [2] - On June 30, 2025, CEO Anders Storbråten also took on the role of CFO, consolidating the two positions to reduce costs and enhance focus on investor relations [2] - Employees, directors, and consultants subscribed for 299,381,600 shares totaling approximately NOK 3.0 million on June 15, 2025, to strengthen alignment of interests within the company [2] Company Overview - IDEX Biometrics ASA is a global leader in fingerprint biometrics, providing authentication solutions for payments, access control, and digital identity [1] - The company partners with leading card manufacturers and technology companies to bring its biometric solutions to market [1]

Core Insights - IDEX Biometrics ASA completed Tranche 2 of a private placement, involving 4,359,315 shares lent by CEO and CFO Anders Storbråten at a price of NOK 3.30 per share [1] - After the completion of Tranche 2, Anders Storbråten and close relations hold a total of 11,555,213 shares, representing 20.3% of the total outstanding shares and votes in IDEX Biometrics [2] Company Overview - IDEX Biometrics ASA is a global leader in fingerprint biometrics, providing authentication solutions for payments, access control, and digital identity [3] - The company's biometric solutions are built on patented technologies and target card-based applications for payments and digital authentication, partnering with leading card manufacturers and technology companies [3]

Group 1 - IDEX Biometrics ASA conducted a private placement of 9,090,909 shares at NOK 3.30 per share, divided into two tranches [1] - In tranche 2, a total of 4,813,857 shares were included, which also accounted for underwriting shares [1] - Pinchcliffe AS and CEO Anders Storbråten subscribed to 469,255 and 703,883 shares respectively, resulting in Storbråten and close relations holding 7,195,898 shares, or 13.81% of total outstanding shares after tranche 2 [2] Group 2 - K-konsult AS, related to chair Morten Opstad, subscribed to 153,343 shares, while Opstad subscribed to 50,000 shares at the same price of NOK 3.30 per share [3] - IDEX Biometrics is a global leader in fingerprint biometrics, providing authentication solutions for payments, access control, and digital identity [3] - The company collaborates with leading card manufacturers and technology firms to market its biometric solutions, which are based on proprietary sensor technologies and integrated circuit designs [3] Group 3 - The notice regarding the private placement was issued by COO Kjell-Arne Besseberg on 23 August 2025, in compliance with EU Market Abuse Regulation and Norwegian Securities Trading Act [4]

Group 1 - IDEX Biometrics ASA completed a private placement of 9,090,909 shares at NOK 3.30 per share on 21 July 2025, with the subscription and allocation for Tranche 2 shares finalized on 20 August 2025 [1] - Altea AS will hold 5,347,321 shares in IDEX, representing 10.26% of the shares and voting rights in the company [1]