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Record date for reverse share split in Fingerprint Cards AB (publ)
Globenewswire· 2025-07-03 06:00
Core Points - Fingerprint Cards AB (FPC) has approved a reverse share split at a ratio of 1:2,000 during its Annual General Meeting held on June 24, 2025 [1] - The record date for the reverse split is set for July 11, 2025 [1] - Following the reverse split, the total number of shares will decrease significantly from approximately 15.25 billion shares to about 7.59 million shares [3] Share Structure Changes - The reverse split will change the ISIN code for FPC's B-shares to SE0025420235 effective July 10, 2025 [2] - After the reverse split, each share will have a quota value of SEK 21.353477 [3] - Shareholders will receive a new number of shares in proportion to their holdings, with adjustments made for those whose holdings are not evenly divisible by 2,000 [4] Timeline - July 9, 2025: Last day of trading before the reverse split [8] - July 10, 2025: First day of trading after the reverse split, with share prices reflecting the split [8] - July 11, 2025: Official record date for the reverse split [8]
Registration of share capital increase in IDEX Biometrics – 1 July 2025
Globenewswire· 2025-07-01 08:50
Core Points - IDEX Biometrics ASA has issued new shares to employees, contractors, and directors, totaling 299,381,600 shares on June 15, 2025 [1] - An additional 5,412,932 shares were issued in lieu of cash board remuneration as approved by the annual general meeting on May 21, 2025 [1] - A small issuance of 69 shares was made to an employee to facilitate a 100-to-1 share consolidation resolved on April 11, 2025 [1] Company Overview - IDEX Biometrics ASA is a global 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] Share Capital Information - Following the recent share capital increases, the company's total share capital is NOK 47,364,256.00, divided into 4,736,425,600 shares, each with a nominal value of NOK 0.01 [2]
FPC welcomes two new board members to accelerate strategic growth
Globenewswire· 2025-06-26 06:00
Core Viewpoint - Fingerprint Cards AB (FPC) has appointed John Lord and Carl Johan Grandinson to its Board of Directors, marking a significant step in the company's strategic transformation and innovation journey [1][4]. Group 1: New Board Members - John Lord brings over 25 years of leadership experience in global financial and technology sectors, with a strong background in finance, risk, and SaaS, particularly in identity verification [2]. - Carl Johan Grandinson has expertise in technology, marketing, and operational scaling, with a focus on growth equity investments in enterprise software companies [3]. Group 2: Strategic Significance - The appointments of John Lord and Carl Johan Grandinson are timely as FPC expands its solutions in embedded biometrics and secure access technologies, enhancing the company's strategic capabilities [4]. - John Lord's market insight and innovation leadership will support FPC's initiatives in new verticals where advanced biometric authentication is increasingly demanded [5]. - Carl Johan Grandinson's financial and strategic acumen will contribute to FPC's governance and capital planning, aiding in the company's long-term sustainability and profitability [6]. Group 3: Leadership Commentary - Christian Lagerling, Chairman at FPC, expressed enthusiasm for the new board members, highlighting their combined experience and industry knowledge as crucial for the company's new strategic direction [7].
Bulletin from the 2025 Annual General Meeting of Fingerprint Cards AB (publ)
Globenewswire· 2025-06-24 14:45
Core Points - Fingerprint Cards AB held its Annual General Meeting on June 24, 2025, in Stockholm, where several key resolutions were passed [1] Dividend - The Meeting resolved that no dividend be paid [2] Board of Directors and Auditors - The directors of the Board and the managing director were discharged from liability for the period from January 1 to December 31, 2024 [3] - Christian Lagerling and Adam Philpott were re-elected as Board Members, while John Lord and Carl Johan Grandinson were newly elected [3] - Christian Lagerling was re-elected as Chairman of the Board of Directors [3] Board Remuneration - Board remuneration was set at SEK 675,000 for the Chairman and SEK 295,000 for each other Board Member, with no remuneration for employed Board members [4] - The adjusted Board remuneration is expected to result in significant cost savings for the Company [4] Auditors - BDO Mälardalen AB was re-elected as auditor, with Johan Pharmanson as Auditor-in-Charge, until the end of the next Annual General Meeting [5] - Remuneration for auditors will be paid according to approved invoices [5] Remuneration Report - The Meeting approved the Board of Directors' remuneration report for 2024 in accordance with Swedish Companies Act [6] Share Repurchase and Transfer Authorization - The Board was authorized to repurchase up to 10% of the total number of outstanding class B shares until the next Annual General Meeting [7] - The Board was also authorized to transfer class B shares, deviating from shareholders' preferential rights [7] Amendment of Articles and Reverse Share Split - The Meeting approved amendments to the articles of association to enable a reverse share split, consolidating 2,000 existing shares into one [8] - Post-split, the number of shares will decrease from 15,175,375,766 to 7,587,687 shares, and votes will decrease from 15,246,250,766 to 7,623,120 [8] - The Board was authorized to determine the record date for the reverse share split [8] New Share Issue Authorization - The Board was authorized to issue new class B shares, warrants, and/or convertibles up to 20% of the total number of outstanding shares until the next Annual General Meeting [11] Long-term Incentive Programs - The Meeting approved an Employee Stock Option Program 2025/2028, allowing for the issuance of up to 265,595 options for B-shares [12] - The program allows subscription for B-shares at a price corresponding to 150% of the volume-weighted average price during the first ten trading days following the record date for the reverse share split [12] - A separate Employee Stock Option Program 2025/2029 was also approved for the Board, allowing for up to 113,815 options [13]
IDEX Biometrics ASA: Issue of shares – 23 June 2025
Globenewswire· 2025-06-23 07:35
Core Points - The company issued a total of 5,412,932 new shares to board member Annika Olsson as part of her board remuneration [1][2] - An additional 69 shares were issued to an employee at a price of NOK 0.01 per share, related to a share consolidation of 100-to-1 [3] - Following these issuances, the company's share capital will amount to NOK 47,364,256, divided into 4,736,425,600 registered shares with a nominal value of NOK 0.01 [4] Company Overview - IDEX Biometrics ASA is a global technology leader in fingerprint biometrics, providing authentication solutions for payments, access control, and digital identity [4] - The company's biometric solutions are built 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]
Aware (AWRE) Earnings Call Presentation
2025-06-19 13:04
Company Overview - Aware, Inc is a global biometric identity platform company using data science, machine learning, and AI to address business and identity challenges[7] - The company has a 30-year legacy of innovation and market leadership in biometric technology[23] - Aware has a strong financial foundation for growth, focusing on recurring revenue and profitability[29] Market and Growth - The global biometric system market is projected to grow to $82.9 billion by 2027[11] - Aware experienced a 15% top-line revenue CAGR from 2020 to 2023[33] - The company achieved 20% ARR & Recurring Revenue Growth[33] Technology and Differentiation - Aware's technology combines liveness and authentication, multi-modal automated biometric identification system, integration-ready middleware, and biometric orchestration[35] - Aware is leading in preventing bias in biometric technologies, with competitors having 2X to 4X more bias in liveness detection and matching[41] - The company has ~80 U S & International Patents[36] Financial Highlights - Aware has $28.5 million in cash, cash equivalents & marketable securities with no debt[28] - The company maintains a >90% customer retention rate[26]
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]
Aware Named Luminary in Prism Project Report as Organization Rolls Out New Platform Enhancements
GlobeNewswire News Room· 2025-06-16 12:30
Core Insights - Aware, Inc. has been recognized as an industry Luminary in Core Identity Technology in the Prism Project's Deepfake and Synthetic Identity Report, highlighting its leadership in biometric authentication [1][2] - The company announced enhancements to its Awareness Platform, improving face matching performance and mobile face capture reliability [1][3] Company Recognition - The Prism Project's report evaluates over 200 organizations and emphasizes Aware's strengths in injection detection, deepfake detection, and liveness detection [2] - Aware's recognition as a Luminary reflects its long-standing commitment to secure and scalable biometric solutions, validated by independent testing from RIVTD and NIST [3] Platform Enhancements - Key improvements to the Awareness Platform include: 1. **Faster Face Matching**: Achieves up to 14x faster 1:N face search performance, reducing server resource usage and infrastructure costs while maintaining matching accuracy [5][7] 2. **Smarter Face Capture**: New mobile capture updates for iOS and Android enhance first-time success rates and optimize image quality, improving user experience and conversion rates [5][7] Industry Context - The report provides strategic guidance for decision-makers in the identity fraud landscape, emphasizing the need for organizations to verify identities confidently amid rising threats from deepfakes and digital deception [2][4] - Aware's innovations aim to help customers navigate the evolving digital identity landscape, balancing speed, security, and usability [5][7]
Share issue to personnel – 14 June 2025
Globenewswire· 2025-06-15 21:52
Core Viewpoint - IDEX Biometrics ASA's board has approved the issuance of 299,381,600 new shares at NOK 0.01 per share to incentivize personnel in implementing the amended business plan and commercializing the company's products [1][2]. Group 1: Share Issuance Details - The share issuance is part of a Personnel Placement authorized by an extraordinary general meeting held on 11 April 2025, which also approved terms for debt conversion [2]. - The shares will be restricted for 18 months post-issuance, with 1/3 released after 6 months and another 1/3 after 12 months [3]. - The company retains the right to repurchase restricted shares if a holder resigns or is terminated [3]. Group 2: Compliance and Impact - The board has ensured that the Personnel Placement complies with equal treatment obligations under relevant Norwegian laws and Oslo Stock Exchange rules [4]. - The number of new shares represents approximately 6.7% of the total outstanding shares, with a limited dilutive effect on existing shareholders [4]. - The subscription price of NOK 0.01 represents a 78% discount to the closing price on 13 June 2025, with potential variations in discount due to the lock-up period and share volatility [4]. Group 3: Company Overview - IDEX Biometrics ASA is a global leader in fingerprint biometrics, providing authentication solutions for payments, access control, and digital identity [6]. - The company's biometric solutions are built on patented technologies and target card-based applications for payments and digital authentication [6].
IDEX Biometrics ASA: New date for the share consolidation and ISIN change
GlobeNewswire News Room· 2025-06-06 16:30
Group 1 - The Company announced a share consolidation and change of ISIN, effective on 20 June 2025, as resolved by the Extraordinary General Meeting on 11 April 2025 [1][2] - The Subsequent Offering will be completed prior to the share consolidation, which has been postponed from 11 June 2025 to 20 June 2025 for technical reasons [2] - IDEX Biometrics ASA is a global leader in fingerprint biometrics, providing authentication solutions for payments, access control, and digital identity [3]