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Mandatory disclosure of holding and notice of trade in IDEX Biometrics – 23 July 2025
Globenewswire· 2025-07-23 09:50
Group 1 - IDEX Biometrics ASA announced a private placement of 9,090,909 shares at NOK 3.30 per share, with Tranche 1 consisting of 4,731,594 shares [1] - CEO and CFO Anders Storbråten's closely related company, Pinchcliffe AS, subscribed for 739,360 shares in Tranche 1 [1] - Following the private placement, Mr. Storbråten and close relations hold 6,503,476 shares, representing 12.48% of the total outstanding shares and votes in IDEX Biometrics [3] Group 2 - A share lending agreement was established between Mr. Storbråten and the manager of the private placement, with 4,731,594 shares lent for the settlement of Tranche 1 [2] - The lent shares will be returned in due course, indicating a temporary arrangement rather than a sale [2] Group 3 - IDEX Biometrics is a global leader in fingerprint biometrics, providing authentication solutions for payments, access control, and digital identity [4] - The company's biometric solutions are built on patented technologies and target card-based applications for payments and digital authentication [4]
Correction: Mandatory notice of trade in IDEX Biometrics – 22 July 2025
Globenewswire· 2025-07-23 09:25
Group 1 - IDEX Biometrics ASA conducted a private placement of 9,090,909 shares at NOK 3.30 per share, divided into two tranches [1] - In tranche 1, a total of 4,731,594 shares were subscribed, with Pinchcliffe AS acquiring 739,360 shares and K-konsult AS acquiring 128,156 shares, both at NOK 3.30 per share [1] - The private placement is disclosed on behalf of primary insiders, including the CEO and chair of the company [1] Group 2 - IDEX Biometrics ASA is a global leader in fingerprint biometrics, providing authentication solutions for payments, access control, and digital identity [2] - The company's biometric solutions are built on patented technologies and target card-based applications for payments and digital authentication [2] - IDEX partners with leading card manufacturers and technology companies to bring its biometric solutions to market [2] Group 3 - A correcting notice regarding the private placement was issued by the Vice President of Finance on 23 July 2025, in compliance with EU Market Abuse Regulation and Norwegian Securities Trading Act [3]
Mandatory notice of trade in IDEX Biometrics – 22 July 2025
Globenewswire· 2025-07-23 01:40
Core Insights - IDEX Biometrics ASA conducted a private placement of 9,090,909 shares at NOK 3.30 per share, divided into two tranches [1] - The first tranche involved the subscription of 4,731,594 shares by primary insiders, including the CEO and CFO, and companies closely related to them [1] Group 1: Private Placement Details - The CEO and CFO, Anders Storbråten, subscribed to 443,616 shares at NOK 3.30 per share [1] - Pinchcliffe AS, associated with Anders Storbråten, subscribed to 295,744 shares at the same price [1] - K-konsult AS, linked to chair Morten Opstad, subscribed to 128,156 shares at NOK 3.30 per share [1] Group 2: Company Overview - IDEX Biometrics ASA is a global leader in fingerprint biometrics, providing authentication solutions for payments, access control, and digital identity [2] - The company's biometric solutions are based on patented sensor technologies and target card-based applications for payments and digital authentication [2] - IDEX partners with leading card manufacturers and technology companies to bring its solutions to market [2]
IDEX Biometrics ASA – Business Update – 21 July 2025
Globenewswire· 2025-07-21 05:30
Group 1 - The company is executing its strategy to become the world's leading biometric ID company, focusing on ID & Access and Pay sectors with a disciplined capital allocation and long-term value creation [1] - IDEX has delivered multiple test cards as part of letters of intent with customers, aiming to enter distribution and purchase agreements after successful trials, with positive feedback received so far [2] - The company is focused on cutting costs and accelerating time to market for its new product portfolio, with an improved product line expected to launch in Q3 2025 [3] Group 2 - IDEX launched the world's first biometric metal card in Bangladesh on July 5, 2025, in collaboration with Mastercard and EBL, with positive business activity reported post-launch [4] - In July 2025, the company executed a share issue towards employees and board members, reinforcing commitment to its success [5]
Change in Financial Calendar – 21 July 2025
Globenewswire· 2025-07-21 05:20
Core Viewpoint - IDEX Biometrics ASA has announced a postponement of its Q2 2025 financial report from the originally scheduled date to August 27, 2025 [1] Company Information - IDEX Biometrics ASA is a global leader in fingerprint biometrics, providing authentication solutions for payments, access control, and digital identity [1] - The company's biometric solutions are built on patented sensor technologies, integrated circuit designs, and software, targeting card-based applications for payments and digital authentication [1] - IDEX partners with leading card manufacturers and technology companies to bring its biometric solutions to market [1]
Registration of share consolidation (reverse split) in IDEX Biometrics - 4 July 2025
Globenewswire· 2025-07-04 07:55
Core Viewpoint - IDEX Biometrics ASA has completed a 100-to-1 share consolidation, which has been registered in the Norwegian Register of Business Enterprises, maintaining a share capital of NOK 47,364,256.00 divided into 47,364,256 shares with a nominal value of NOK 1.00 [1]. Company Information - 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, integrated circuit designs, and software, targeting 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]. Regulatory Information - The notice regarding the share consolidation was published by Erling Svela, Vice President of Finance, on 4 July 2025, in compliance with the Norwegian Securities Trading Act [4].
IDEX Biometrics ASA: Registration of share capital increase – 17 June 2025
Globenewswire· 2025-06-17 08:45
Core Points - IDEX Biometrics ASA announced a subsequent offering of up to 600,000,000 new shares, which was oversubscribed by 8 times, raising gross proceeds of NOK 6 million at a subscription price of NOK 0.01 per share [1][2] - The share capital increase has been registered, resulting in a total share capital of NOK 44,316,309.99, divided into 4,431,630,999 shares, each with a nominal value of NOK 0.01 [2] Company Overview - IDEX Biometrics ASA is a global leader in fingerprint biometrics, providing authentication solutions for payments, access control, and digital identity [2] - 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 [2]
IDEX shares as board remuneration; Primary insider disclosure – 22 May 2025
Globenewswire· 2025-05-22 07:03
Core Points - The annual general meeting of IDEX Biometrics ASA on May 21, 2025, allowed board members to receive remuneration in shares, with the share value set at 133% of the NOK amount of board remuneration taken in shares [1] - A board member opted to receive part of their remuneration in shares, resulting in the issuance of 5,412,932 new shares, increasing the company's share capital to NOK 38,370,439.31, divided into 3,837,043,931 registered shares [2] - Board member Annika Olsson will acquire 5,412,932 shares at a price of NOK 0.01 per share, instead of receiving NOK 265,600 in cash as board remuneration [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 built on patented technologies and target card-based applications for payments and digital authentication, partnering with leading card manufacturers and technology companies [4]
IDEX Biometrics ASA: Company presentation
Globenewswire· 2025-05-21 10:00
Group 1 - IDEX Biometrics released its first quarter 2025 report and CEO Anders Storbråten will present at Arctic Securities [1] - IDEX Biometrics ASA is a global leader in fingerprint biometrics, providing authentication solutions for payments, access control, and digital identity [1] - The company's biometric solutions are based on patented sensor technologies and target card-based applications for payments and digital authentication [1] Group 2 - IDEX Biometrics partners with leading card manufacturers and technology companies to bring its solutions to market [1] - The notice regarding the presentation was issued by CFO Kristian Flaten and is subject to Norwegian Securities Trading Act disclosure requirements [1]
IDEX Biometrics ASA: First quarter 2025 report
Globenewswire· 2025-05-21 06:52
Core Insights - IDEX Biometrics ASA announced a new strategy on 11 March 2025, indicating a fundamental shift in how the company will market its unique technology and products [1] - The company appointed a new CEO, Anders Storbråten, to lead this strategic change [1] - IDEX secured a new debt facility of NOK 30 million, which has been converted to shares, and renegotiated the Heights convertible bond [1] - Operational improvement initiatives are underway, targeting a quarterly run rate of operating expenses (OPEX) between $1.5 million and $1.7 million by the end of Q3 2025 [1] Financial Performance - In Q1 2025, IDEX Biometrics reported revenues of $0.1 million [2] - Ordinary operating expenses for the quarter amounted to $2.4 million [3] - The net loss for the quarter was $4.1 million [3] - As of 31 March 2025, the cash balance stood at $1.1 million [3] Business Developments - The company received a production order valued at approximately USD 50,000 from Beautiful Card Corporation in Japan [2] - An order was also received from DigAware for a biometric sensor solution for access cards [2] - IDEX Biometrics secured an order for 10,000 VISA biometric cards in the Middle East & Africa region [2] - KONA I received a Letter of Approval from Mastercard for IDEX Pay biometric cards [2] - The company completed a debt conversion and launched a subsequent offering for investors to participate under the same terms as shareholders [2]