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IDEX Biometrics Approves Share Issuance Plan

IDEX Biometrics Approves Share Issuance Plan

IDEX Biometrics (IDXAD) has released an update.

IDEX Biometrics ASA announced that at their recent extraordinary general meeting, authorization for the board to issue new shares was approved, with 25.7% of share capital represented. This approval will facilitate the issuance of Tranche 1 Shares following a private placement on September 16, 2024, with further decisions on Tranche 2 Shares and a Subsequent Offering to be discussed in an upcoming meeting on October 9, 2024.

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

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Questions or Comments about the article? Write to editor@tipranks.com
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