IDEX Biometrics ( (IDXAD) ) has provided an announcement.
IDEX Biometrics ASA announced the exercise of 17,258 Warrants A, resulting in the subscription for an equal number of new shares at an exercise price of NOK 0.15 each. The company’s Board of Directors approved the allocation of these new shares, leading to an increase in share capital, which will be registered in the Norwegian Register of Business Enterprises. This development reflects IDEX’s ongoing efforts to enhance its financial structure and market presence.
More about IDEX Biometrics
IDEX Biometrics ASA is a global technology leader in fingerprint biometrics, offering authentication solutions across payments, access control, and digital identity. The company focuses on providing convenience, security, and seamless user experiences through its patented sensor technologies and software, targeting card-based applications for payments and digital authentication. IDEX partners with leading card manufacturers and technology companies to bring its solutions to market.
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $3.27M
See more data about IDXAD stock on TipRanks’ Stock Analysis page.