Precise Biometrics resolves on a SEK 110 million rights issue, with increased guarantee commitments totalling SEK 100 million, to realise synergies and drive growth after the merger with Fingerprint Cards

About this update from Precise Biometrics Ab

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, WITHIN OR INTO AUSTRALIA, BELARUS, CANADA, HONG KONG, JAPAN, NEW ZEALAND, RUSSIA, SINGAPORE, SOUTH AFRICA, SOUTH KOREA, SWITZERLAND, THE UNITED KINGDOM, THE UNITED STATES OR ANY OTHER JURISDICTION WHERE SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL OR WOULD REQUIRE ADDITIONAL REGISTRATION OR OTHER MEASURES. SEE SECTION “IMPORTANT INFORMATION” AT THE END OF THIS PRESS RELEASE.The Board of Directors of Precise Biometrics AB (publ) (“Precise Biometrics” or the “Company”) has today, in connection with the completion of the merger between Precise Biometrics and Fingerprint Cards AB (publ) (“Fingerprint Cards”) (the “Merger”), and pursuant to the authorisation granted by the Annual General Meeting on 21 May 2026, resolved to carry out a new issue of a maximum of 134,508,376 ordinary shares with pre-emptive rights for the Company’s shareholders (the “Rights Issue”). Upon full subscription, the Rights Issue will raise approximately SEK 110.3 million to the Company, before deduction of costs relating to the Rights Issue. The subscription price amounts to SEK 0.82 per share, corresponding to a discount to TERP[1] of approximately 35 percent. The Rights Issue is carried out in accordance with what has previously been announced in connection with the Merger. The net proceeds from the Rights Issue are intended to be used to carry out the integration following the Merger, repay the bridge financing, realise identified synergies and enable product development and commercial initiatives within priority growth areas. The Rights Issue is covered by guarantee commitments totalling SEK 100 million, which is an increase of SEK 20 million compared to what was announced on 23 March 2026. In addition, the Company’s CEO and Chief Marketing Officer have undertaken to subscribe for their respective pro rata shares in the Rights Issue, corresponding to a total of approximately SEK 48 thousand.Summary of the Rights IssueThe Board of Directors of Precise Biometrics has today, pursuant to the authorisation granted by the Annual General Meeting on 21 May 2026, resolved to carry out a new issue of shares with pre-emptive rights for the Company’s shareholders. The Company’s intention to carry out the Rights Issue was announced in connection with the announcement of the Merger on 23 Mar...

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