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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 - Fully Underwritten Private Placement successfully placed - 21 July 2025
Globenewswire· 2025-07-21 21:15
Core Viewpoint - IDEX Biometrics ASA has successfully completed a private placement, raising NOK 30 million through the issuance of new shares to support its commercialization efforts and general corporate purposes [3][11]. Group 1: Private Placement Details - The private placement involved the issuance of 9,090,909 Offer Shares at a subscription price of NOK 3.30 per share [3]. - The private placement is divided into two tranches: Tranche 1 consists of 4,731,594 Offer Shares, while Tranche 2 will include the remaining shares necessary to reach the total gross proceeds of NOK 30 million [5]. - The completion of Tranche 1 is expected to occur on or about 24 July 2025, while Tranche 2 is anticipated to settle on or about 18 August 2025 [10]. Group 2: Underwriters and Fees - Underwriters, including Altea AS and K-Konsult AS, have agreed to be allocated Offer Shares not applied for during the application period, with a total underwriting commitment of up to NOK 30 million [4]. - An underwriting fee of 5% will be paid to each underwriter in the form of 454,542 new shares, subject to approval by the extraordinary general meeting [4]. Group 3: Share Capital Changes - Following the completion of Tranche 1, the company's share capital will increase to NOK 52,095,850, divided into 52,095,850 shares [7]. - After the completion of both tranches and the issuance of underwriting shares, the total share capital will rise to NOK 56,909,707, divided into 56,909,707 shares [8]. Group 4: Compliance and Market Conditions - The Board has confirmed that the private placement complies with the equal treatment obligations under the Norwegian Securities Trading Act and Oslo Børs regulations [11]. - The decision to conduct a private placement is based on current market conditions and growth opportunities, allowing the company to raise capital efficiently [11][12].
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]
IDEX Biometrics ASA – Contemplated Fully Underwritten Private Placement - 21 July 2025
Globenewswire· 2025-07-21 05:30
Core Viewpoint - IDEX Biometrics ASA is conducting a private placement of 9,090,909 new shares to raise gross proceeds of NOK 30 million, with a subscription price of NOK 3.30 per share [1][3]. Group 1: Private Placement Details - The application period for the private placement starts on 21 July 2025 and is expected to close the same day [4]. - The final number of offer shares will be determined at the end of the application period, with allocation based on various criteria [5]. - The private placement consists of two tranches: Tranche 1 will include up to 4,731,594 shares, while Tranche 2 will include the remaining shares needed to reach NOK 30 million [6]. Group 2: Underwriting and Fees - Underwriters have agreed to allocate shares not applied for during the application period, with a total underwriting commitment of up to NOK 30 million [2]. - An underwriting fee of 5% will be paid to each underwriter in the form of new shares, totaling 454,542 shares [2]. Group 3: Use of Proceeds - The net proceeds from the private placement will support the company's commercialization efforts and general corporate purposes [3]. Group 4: Subsequent Offering - A subsequent offering may be considered for existing shareholders who did not participate in the private placement, subject to certain conditions [12]. Group 5: Company Overview - IDEX Biometrics ASA is a global leader in fingerprint biometrics, providing authentication solutions for payments, access control, and digital identity [13].
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]
Aware Sets Second Quarter 2025 Webcast for Wednesday, July 30, 2025, at 5:00 p.m. Eastern Time
Globenewswire· 2025-07-16 12:30
Company Overview - Aware, Inc. is a leading global biometrics company that utilizes data science and machine learning to address business and identity challenges through biometrics [3] - The company has over 30 years of experience in the field and is recognized for its ethical and responsible approach to biometric technology [3] Upcoming Financial Event - Aware will hold a webcast on July 30, 2025, at 5:00 p.m. Eastern time to discuss its financial results for the second quarter ended June 30, 2025 [1][2] - Financial results will be released in a press release prior to the webcast, which will include a presentation followed by a question-and-answer session [1] Investor Engagement - Interested parties can submit questions in advance of the webcast via email [2] - The presentation will be available for replay in the investor relations section of the company's website for approximately 90 days after the live event [2]
Fingerprint Cards AB (publ) updates on upcoming reverse share split
GlobeNewswire News Room· 2025-07-16 10:10
Core Viewpoint - Fingerprint Cards AB (FPC) has announced a revised plan for a reverse share split due to unforeseen technical issues that prevented the initial execution of the split [1][2][4]. Group 1: Reverse Share Split Details - The initial reverse share split was halted because the estimated number of shares required for rounding up shareholders' holdings was significantly underestimated, leading to potential costs for the company [2]. - The Board of Directors proposed a new method called the "rounding down-method," where excess Class B shares will be transferred to the company's ownership, and shareholders will receive cash compensation for any excess shares [3]. - The reverse share split will occur at a ratio of 1:2,000, reducing the total number of shares from 15,175,375,766 to 7,587,687 shares, while maintaining class-specific rights and characteristics [3][4]. Group 2: Company Background and Future Plans - The reverse share split is part of FPC's strategy to align its operational and financial progress with growth initiatives and to achieve an appropriate number of shares [4]. - The company plans to execute the reverse share split in the third quarter of 2025, with further details to be announced in a separate press release [4].
Fingerprint Cards AB (publ) updates on upcoming reverse share split
Globenewswire· 2025-07-16 10:10
Core Viewpoint - Fingerprint Cards AB (FPC) has encountered unforeseen technical issues that have delayed the planned reverse share split, which was initially set for July 11, 2025 [1][2]. Group 1: Reverse Share Split Details - The reverse share split will occur at a ratio of 1:2,000, meaning shareholders will receive one new share for every two thousand existing shares [4]. - After the reverse share split, the total number of shares will decrease from 15,175,375,766 to 7,587,687 shares, and the total votes will decrease from 15,246,250,766 to 7,623,120 votes [4]. - The Board of Directors has proposed a revised method for the reverse share split, utilizing a "rounding down-method" to avoid economic loss for shareholders [3]. Group 2: Financial and Operational Context - The reverse share split is part of FPC's strategy to align its share structure with its operational and financial progress, facilitating continued growth initiatives [5]. - The company intends to execute the reverse share split in the third quarter of 2025, with further details to be announced in a separate press release [5]. Group 3: Shareholder Implications - Shareholders holding fewer than 2,000 shares will have their holdings rounded down to zero and will no longer be shareholders in FPC [7]. - Eligible shareholders will receive cash compensation for any excess shares after the reverse share split [3].