IDEX Biometrics Completes Private Placement Tranche

IDEX Biometrics (IDXAD) has released an update.

IDEX Biometrics ASA has successfully completed the second tranche of a private placement, with the share capital increase now registered and shares soon to be delivered on a non-tradable ISIN pending a prospectus. The company’s share capital will amount to NOK 120,812,483.10, divided into 805,416,554 shares. IDEX specializes in fingerprint biometrics for authentication solutions in payments, access control, and digital identity, partnering with leading card manufacturers and technology companies.

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