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Cancellation of Subsequent Offering in IDEX Biometrics
IEXIDEX(IEX) GlobeNewswire News Room·2024-08-14 21:48

Reference is made to the stock exchange notice on 15 May 2024 regarding the completion of a private placement and a potential subsequent offering on the same terms and conditions as in the private placement, directed towards eligible shareholders. The board of directors of IDEX Biometrics has decided not to proceed with the subsequent offering. The background for the cancellation is that the company's shares have traded below the subscription price in the private placement for a substantial period and at su ...