IDEX Biometrics Completes First Tranche of Share Placement

IDEX Biometrics (IDXAD) has released an update.

IDEX Biometrics ASA has announced the completion of the first tranche of a private placement of shares, raising 70 million NOK. The company’s share capital will increase following the registration of the new shares, with a second tranche pending approval by an Extraordinary General Meeting. IDEX Biometrics specializes in fingerprint authentication solutions for payment and digital identity applications.

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