Ideanomics(IDEX)

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Share issue to personnel – 14 June 2025
Globenewswire· 2025-06-15 21:52
Core Viewpoint - IDEX Biometrics ASA's board has approved the issuance of 299,381,600 new shares at NOK 0.01 per share to incentivize personnel in implementing the amended business plan and commercializing the company's products [1][2]. Group 1: Share Issuance Details - The share issuance is part of a Personnel Placement authorized by an extraordinary general meeting held on 11 April 2025, which also approved terms for debt conversion [2]. - The shares will be restricted for 18 months post-issuance, with 1/3 released after 6 months and another 1/3 after 12 months [3]. - The company retains the right to repurchase restricted shares if a holder resigns or is terminated [3]. Group 2: Compliance and Impact - The board has ensured that the Personnel Placement complies with equal treatment obligations under relevant Norwegian laws and Oslo Stock Exchange rules [4]. - The number of new shares represents approximately 6.7% of the total outstanding shares, with a limited dilutive effect on existing shareholders [4]. - The subscription price of NOK 0.01 represents a 78% discount to the closing price on 13 June 2025, with potential variations in discount due to the lock-up period and share volatility [4]. Group 3: Company Overview - IDEX Biometrics ASA is a global leader in fingerprint biometrics, providing authentication solutions for payments, access control, and digital identity [6]. - The company's biometric solutions are built on patented technologies and target card-based applications for payments and digital authentication [6].
IDEX Biometrics ASA: Mandatory notification of trade - 11 June 2025
Globenewswire· 2025-06-11 18:05
Core Points - Kristian Flaten, CFO of IDEX Biometrics ASA, purchased 1,608,809 shares at NOK 0.01 per share through a subsequent offering [1] - Following this transaction, Flaten's total ownership in IDEX Biometrics ASA increased to 2,608,809 shares [1] - The transaction is disclosed in accordance with Article 19 of the EU Market Abuse Regulation and Section 5-12 of the Norwegian Securities Trading Act [1]
IDEX Biometrics ASA: Mandatory notification of trades - 11 June 2025
Globenewswire· 2025-06-11 17:46
Group 1 - IDEX Biometrics ASA has reported primary insider transactions as per the notifications attached [1] - The company provides contact information for further inquiries, including the CFO's details [1] - The information disclosed is in compliance with the EU Market Abuse Regulation and Norwegian Securities Trading Act [1]
IDEX Biometrics ASA: New date for the share consolidation and ISIN change
Globenewswire· 2025-06-06 16:30
Group 1 - The Company announced a share consolidation and change of ISIN, effective on 20 June 2025, as resolved by the Extraordinary General Meeting on 11 April 2025 [1][2] - The Subsequent Offering will be completed prior to the share consolidation, which has been postponed from 11 June 2025 to 20 June 2025 for technical reasons [2] - IDEX Biometrics ASA is a global leader in fingerprint biometrics, providing authentication solutions for payments, access control, and digital identity [3] Group 2 - The Company utilizes patented sensor technologies and integrated circuit designs to deliver biometric solutions aimed at card-based applications [3] - IDEX partners with leading card manufacturers and technology companies to bring its biometric solutions to market [3] - The notice was issued by the CFO of the Company, Kristian Flaten, in compliance with the Norwegian Securities Trading Act [3]
IDEX Biometrics ASA: New date for the share consolidation and ISIN change
GlobeNewswire News Room· 2025-06-06 16:30
Group 1 - The Company announced a share consolidation and change of ISIN, effective on 20 June 2025, as resolved by the Extraordinary General Meeting on 11 April 2025 [1][2] - The Subsequent Offering will be completed prior to the share consolidation, which has been postponed from 11 June 2025 to 20 June 2025 for technical reasons [2] - IDEX Biometrics ASA is a global leader in fingerprint biometrics, providing authentication solutions for payments, access control, and digital identity [3]
IDEX Biometrics ASA: Final result of the Subsequent Offering
Globenewswire· 2025-06-06 15:20
Core Viewpoint - IDEX Biometrics ASA has successfully completed a Subsequent Offering of up to 600,000,000 new shares, which was 8 times oversubscribed, raising gross proceeds of NOK 6 million [3]. Company Information - IDEX Biometrics ASA is a global technology leader in fingerprint biometrics, providing authentication solutions for payments, access control, and digital identity [13]. - The company's biometric solutions are built on patented sensor technologies and target card-based applications for payments and digital authentication [13]. Offering Details - The Subscription Period for the Subsequent Offering commenced on 22 May 2025 and expired on 5 June 2025 [2]. - The total number of Offer Shares allocated was 600,000,000 at a subscription price of NOK 0.01 per share [3]. - The share capital increase related to the Subsequent Offering is expected to be registered in the Norwegian Register of Business Enterprises on or about 13 June 2025, resulting in a total share capital of NOK 44,316,309.99 [5]. Shareholder Information - Investors allocated Offer Shares can access their allocation information through VPS on or about 6 June 2025, with payment due on 11 June 2025 [4]. - The Offer Shares will rank equally with the company's existing shares [6].
IDEX shares as board remuneration; Primary insider disclosure – 22 May 2025
Globenewswire· 2025-05-22 07:03
Core Points - The annual general meeting of IDEX Biometrics ASA on May 21, 2025, allowed board members to receive remuneration in shares, with the share value set at 133% of the NOK amount of board remuneration taken in shares [1] - A board member opted to receive part of their remuneration in shares, resulting in the issuance of 5,412,932 new shares, increasing the company's share capital to NOK 38,370,439.31, divided into 3,837,043,931 registered shares [2] - Board member Annika Olsson will acquire 5,412,932 shares at a price of NOK 0.01 per share, instead of receiving NOK 265,600 in cash as board remuneration [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 built on patented technologies and target card-based applications for payments and digital authentication, partnering with leading card manufacturers and technology companies [4]
IDEX Biometrics ASA: Annual general meeting held on 21 May 2025
Globenewswire· 2025-05-21 12:45
Core Points - IDEX Biometrics ASA held its annual general meeting on May 21, 2025, where all proposed resolutions were passed [1] - The minutes of the meeting will be made available on the company's website [1] 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's biometric solutions are based on patented sensor technologies, integrated circuit designs, and software, targeting card-based applications for payments and digital authentication [1] - IDEX partners with leading card manufacturers and technology companies to bring its solutions to market [1]
IDEX Biometrics ASA: Company presentation
Globenewswire· 2025-05-21 10:00
Group 1 - IDEX Biometrics released its first quarter 2025 report and CEO Anders Storbråten will present at Arctic Securities [1] - IDEX Biometrics ASA is a global leader in fingerprint biometrics, providing authentication solutions for payments, access control, and digital identity [1] - The company's biometric solutions are based on patented sensor technologies and target card-based applications for payments and digital authentication [1] Group 2 - IDEX Biometrics partners with leading card manufacturers and technology companies to bring its solutions to market [1] - The notice regarding the presentation was issued by CFO Kristian Flaten and is subject to Norwegian Securities Trading Act disclosure requirements [1]
IDEX Biometrics ASA: First quarter 2025 report
Globenewswire· 2025-05-21 06:52
Core Insights - IDEX Biometrics ASA announced a new strategy on 11 March 2025, indicating a fundamental shift in how the company will market its unique technology and products [1] - The company appointed a new CEO, Anders Storbråten, to lead this strategic change [1] - IDEX secured a new debt facility of NOK 30 million, which has been converted to shares, and renegotiated the Heights convertible bond [1] - Operational improvement initiatives are underway, targeting a quarterly run rate of operating expenses (OPEX) between $1.5 million and $1.7 million by the end of Q3 2025 [1] Financial Performance - In Q1 2025, IDEX Biometrics reported revenues of $0.1 million [2] - Ordinary operating expenses for the quarter amounted to $2.4 million [3] - The net loss for the quarter was $4.1 million [3] - As of 31 March 2025, the cash balance stood at $1.1 million [3] Business Developments - The company received a production order valued at approximately USD 50,000 from Beautiful Card Corporation in Japan [2] - An order was also received from DigAware for a biometric sensor solution for access cards [2] - IDEX Biometrics secured an order for 10,000 VISA biometric cards in the Middle East & Africa region [2] - KONA I received a Letter of Approval from Mastercard for IDEX Pay biometric cards [2] - The company completed a debt conversion and launched a subsequent offering for investors to participate under the same terms as shareholders [2]