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IDEX Biometrics ASA: Approved prospectus – 29 September 2025
Globenewswire· 2025-09-29 16:00
Reference is made to the Oslo Stock Exchange announcement issued by IDEX Biometrics ASA' on 21 July 2025 of a private placement of 9,090,909 shares at NOK 3.30 per share, split in two tranches.The FSA has today approved the Prospectus. By reason of the approval and publication of the Prospectus, the Shares (tranche two and underwriting shares) will be transferred to the Company’s ordinary ISIN and be admitted to trading on Oslo Stock Exchange. For further information, please contact: Anders Storbråten, CEO ...
IDEX Biometrics ASA: First half 2025 report
Globenewswire· 2025-08-27 05:00
Financial Performance - IDEX Biometrics reported operating expenses excluding cost of materials and depreciation of $5.2 million for the first half of 2025, a 52% reduction compared to $10.7 million in the same period of 2024 [2] - The company had a net loss of $2.1 million for the quarter, with revenues of $0.1 million [2] - Cash balance as of June 30, 2025, was $1.0 million [2] Operational Changes - The company reduced its full-time equivalent staff from 59 on June 30, 2024, to 30 by the end of Q2 2025, resulting in a 73% reduction in compensation and benefits costs compared to the previous quarter [2] - A renegotiation of Heights convertible bond reduced the outstanding principal from approximately NOK 66.6 million to NOK 50.0 million, and further to approximately NOK 33.3 million in July [2] - The company aims to achieve a quarterly run rate of operating expenses between $1.5 million and $1.7 million by the end of Q3 2025 [2] Management and Governance - On June 1, 2025, IDEX strengthened its management team by appointing Kjell-Arne Besseberg as Chief Operating Officer [2] - On June 30, 2025, CEO Anders Storbråten also took on the role of CFO, consolidating the two positions to reduce costs and enhance focus on investor relations [2] - Employees, directors, and consultants subscribed for 299,381,600 shares totaling approximately NOK 3.0 million on June 15, 2025, to strengthen alignment of interests within the company [2] Company Overview - IDEX Biometrics ASA is a global leader in fingerprint biometrics, providing authentication solutions for payments, access control, and digital identity [1] - The company partners with leading card manufacturers and technology companies to bring its biometric solutions to market [1]
Registration of share capital increase in IDEX Biometrics 22 August 2025
Globenewswire· 2025-08-22 15:30
Group 1 - IDEX Biometrics ASA announced a private placement of 9,090,909 shares at NOK 3.30 per share, divided into two tranches, with Tranche 2 and underwriting shares registered for delivery soon [1] - Following the share issuance, the company's total share capital will amount to NOK 56,909,707, consisting of 56,909,707 shares, each with a nominal value of NOK 1.00 [2] - IDEX Biometrics is a global leader in fingerprint biometrics, providing authentication solutions for payments, access control, and digital identity, focusing on card-based applications [3] Group 2 - The notice regarding the share placement was issued by the COO on 22 August 2025, in compliance with the Norwegian Securities Trading Act [4]
Mandatory disclosure of holding and notice of trade in IDEX Biometrics – 15 August 2025
Globenewswire· 2025-08-15 20:00
Core Insights - IDEX Biometrics ASA announced a private placement of 9,090,909 shares at NOK 3.30 per share, with additional information disclosed on behalf of a major shareholder and primary insider [1] - Mr. Storbråten has lent 4,359,315 shares for the settlement of Tranche 2, which will be returned in due course, leaving him and close relations with 6,875,755 shares, representing 13.20% of total outstanding shares [2] Company Overview - IDEX Biometrics ASA is a global leader in fingerprint biometrics, providing authentication solutions for payments, access control, and digital identity, focusing on convenience, security, and seamless user experiences [3] - The company utilizes patented sensor technologies, integrated circuit designs, and software to target card-based applications for payments and digital authentication, partnering with leading card manufacturers and technology companies [3] Regulatory Compliance - The notice regarding the share lending was issued in compliance with the EU Market Abuse Regulation and the Norwegian Securities Trading Act, ensuring transparency in shareholding disclosures [4]
IDEX Biometrics ASA: Extraordinary general meeting held on 14 August 2025
Globenewswire· 2025-08-14 12:00
Core Points - IDEX Biometrics ASA held an extraordinary general meeting on 14 August 2025, where all resolutions were passed as proposed [1] - The minutes of the meeting will be made available on the company's website in due course [1] - IDEX Biometrics 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 and target card-based applications for payments and digital authentication [1] - IDEX partners with leading card manufacturers and technology companies to bring its solutions to market [1] Company Information - IDEX Biometrics ASA is focused on delivering convenience, security, and seamless user experiences through its biometric solutions [1] - The company’s reports and presentations can be accessed on its investor website [1] - The notice regarding the extraordinary general meeting was issued by the COO on 14 August 2025, in compliance with the Norwegian Securities Trading Act [2]
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]
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]
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]
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]