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IDEX Biometrics Announces Completion of Share Issuance
Company Announcements

IDEX Biometrics Announces Completion of Share Issuance

IDEX Biometrics (IDXAD) has released an update.

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IDEX Biometrics ASA has completed the issuance of Tranche 1 shares from its private placement on September 16, 2024, raising a total of NOK 70 million. The new shares, soon to be delivered on a non-tradable ISIN pending a prospectus, will increase the company’s share capital to NOK 66,056,228.10, divided into 440,374,854 shares. IDEX Biometrics is a leader in fingerprint biometrics technology with applications in payments, access control, and digital identity.

For further insights into IDXAD stock, check out TipRanks’ Stock Analysis page.

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