IDEX Biometrics extraordinary general meeting held on 19 June 2024

Core Points - IDEX Biometrics ASA held an extraordinary general meeting on June 19, 2024, with 97.2 million shares or 31.6% of the share capital represented [9] - The company resolved to issue 5,393,120 shares at NOK 1.65 per share in Tranche 2 of the private placement, increasing the share capital to NOK 47,018,983.20 divided into 313,459,888 shares [10] - The company plans to issue warrants to investors participating in the Private Placement and Subsequent Offering, with a maximum of 41,333,333 warrants to be issued at an exercise price of NOK 1.65 [2] Company Overview - IDEX Biometrics ASA is a global technology leader in fingerprint biometrics, providing authentication solutions for payments, access control, and digital identity [3] - The company's biometric solutions are built on patented sensor technologies and target card-based applications for payments and digital authentication [3] - IDEX partners with leading card manufacturers and technology companies to bring its biometric solutions to market [3] Subsequent Offering Details - The subscription period for the Subsequent Offering will commence on August 22, 2024, and end on September 5, 2024, unless extended by the Board [6] - If the prospectus related to the Subsequent Offering is not approved by the Norwegian Financial Surveillance Authority by August 21, 2024, the subscription period will start on the first trading day following the approval [6]