IDEX Biometrics (IDXAD) has released an update.
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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.