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IDEX Biometrics ASA – Information about the first exercise period for warrants (Warrants A) issued in connection with the Private Placement and Subsequent Offering
IEXIDEX(IEX) GlobeNewswire News Room·2025-02-28 07:00

Core Viewpoint - IDEX Biometrics ASA has announced the commencement of the exercise period for Warrants A, allowing holders to subscribe for new shares at a price of NOK 0.15, with the exercise period running from 28 February 2025 to 13 March 2025 [2][3]. Company Information - IDEX Biometrics ASA is a global technology leader in fingerprint biometrics, providing authentication solutions for payments, access control, and digital identity [6]. - The company's biometric solutions are built on patented sensor technologies and target card-based applications for payments and digital authentication [6]. - IDEX Biometrics partners with leading card manufacturers and technology companies to bring its solutions to market [6]. Warrant Details - Each Warrant A allows the holder to subscribe for one new share at a subscription price of NOK 0.15, with unexercised Warrants A lapsing without compensation [3]. - The exercise procedure requires the submission of a completed exercise form and payment of the aggregate subscription price for the new shares [4]. - Warrants B will have a separate exercise period from 31 March 2025 to 11 April 2025 [3].