Business
IDEX Biometrics ASA - Fully Underwritten Private Placement successfully placed - 21 July 2025
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO AUSTRALIA, CANADA, HONG KONG, JAPAN OR THE UNITED STATES OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF ANY OF THE SECURITIES DESCRIBED HEREIN. Oslo, Norway, 21 July 2025. Reference is made to the stock exchange announcement published earlier today on 21 July 2025 by IDEX Biometrics ASA ("IDEX" or t
About this update from Idex Biometrics Asa
[{"type":"image","alt":"IDEX BIOMETRICS ASA","displaySize":"","headline":null,"caption":"IDEX BIOMETRICS ASA","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":99,"url":"https://media.zenfs.com/en/globenewswire.com/e9861ff864a1550fbbb308e020c27552"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/06iRU0u2vX7ltcONxES.qA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTEzOTtjZj13ZWJw/https://media.zenfs.com/en/globenewswire.com/e9861ff864a1550fbbb308e020c27552","width":300,"height":99}},"lazy":false},{"type":"text","content":"NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO AUSTRALIA, CANADA, HONG KONG, JAPAN OR THE UNITED STATES OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF ANY OF THE SECURITIES DESCRIBED HEREIN.","length":343,"tagName":"p"},{"type":"text","content":"Oslo, Norway, 21 July 2025.","length":27,"tagName":"p"},{"type":"text","content":"Reference is made to the stock exchange announcement published earlier today on 21 July 2025 by IDEX Biometrics ASA ("IDEX" or the "Company") regarding a contemplated underwritten private placement (the "Private Placement") of new shares in the Company (the "Offer Shares"), where Arctic Securities AS has acted as manager and bookrunner (the "Manager").","length":409,"tagName":"p"},{"type":"text","content":"The Private Placement has been successfully completed, raising gross proceeds to the Company of NOK 30,000,000, through the issuance of 9,090,909 Offer Shares at a subscription price per Offer Share of NOK 3.30 (the "Offer Price").","length":241,"tagName":"p"},{"type":"text","content":"The net proceeds from the Private Placement will be used for the Company's commercialization efforts in line with the new business strategy announced in March 2025 as well as for general corporate purposes.","length":210,"tagName":"p"},{"type":"text","content":"Altea AS, Pinchcliffe AS (closely associated company of the CEO and CFO, Anders Storbråten), Anders Storbråten, Charles Street International Ltd. (Robert Keith) and K-Konsult AS (closely associated company of the chairperson of the board of directors, Morten Opstad) (the "Underwriters") had, subject to customary condition...