Workflow
IDEX Biometrics - Subscription of shares in the subsequent offering
IDEXIDEX(US:IEX) GlobeNewswire News Roomยท2024-11-26 08:00

Core Points - IDEX Biometrics ASA is conducting a subsequent offering of up to 140 million shares at NOK 0.15 per share following a private placement on 16 September 2024 [1] - Shareholders who held shares on 16 September 2024 and did not participate in the private placement can subscribe to this offering [2] - The subscription deadline is set for 29 November 2024 at 16:30 CET [2] Subscription Details - Shareholders will receive 0.5485 subscription rights per share held as of the record date [3] - The subscription price is NOK 0.15 per share, and for every two shares subscribed, shareholders will receive two additional warrants at the same exercise price [3] - Oversubscription is permitted, and further details can be found in the prospectus and subscription form [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 based on patented sensor technologies and target card-based applications for payments and digital authentication [4] - IDEX partners with leading card manufacturers and technology companies to bring its solutions to market [4]