IDEX Biometrics – Number of shares in Tranche 1 vs Tranche 2 in the private placement on 15 May 2024

Core Viewpoint - IDEX Biometrics ASA announced a correction regarding the allocation of shares in a private placement, detailing the accurate numbers for Tranche 1 and Tranche 2 shares [2][4]. Group 1: Share Allocation Details - The correct number of Tranche 1 shares is 27,940,213, and the correct number of Tranche 2 shares is 5,393,120, each with a par value of NOK 0.15 and a subscription price of NOK 1.65 per share [3]. - Following the issuance of Tranche 1 shares, the Company's share capital increased by NOK 4,191,031.95, raising it from NOK 42,018,983.25 to NOK 46,210,015.20, resulting in a total of 308,066,768 shares issued and outstanding [3]. Group 2: Company Overview - IDEX Biometrics ASA is a global technology leader in fingerprint biometrics, providing authentication solutions for payments, access control, and digital identity [5]. - The company's biometric solutions are built on patented sensor technologies and target card-based applications for payments and digital authentication, partnering with leading card manufacturers and technology companies [5].