tiprankstipranks
Trending News
More News >

IDEX Biometrics Increases Share Capital Following Warrant Exercise

Story Highlights
  • IDEX Biometrics is a leader in fingerprint biometrics for payments and digital identity.
  • The exercise of 36,767 Warrants B increases IDEX’s share capital and market position.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

An update from IDEX Biometrics ( (IDXAD) ) is now available.

IDEX Biometrics ASA announced the exercise of 36,767 Warrants B, resulting in the subscription of an equal number of new shares at an exercise price of NOK 0.15. This move will increase the company’s share capital to NOK 38,316,309.99, divided into 3,831,630,999 shares, enhancing its market position and potentially impacting stakeholders positively.

More about IDEX Biometrics

IDEX Biometrics ASA is a global leader in fingerprint biometrics, providing authentication solutions for payments, access control, and digital identity. The company focuses on delivering convenience, security, and seamless user experiences through its patented sensor technologies and software, primarily targeting card-based applications. IDEX partners with leading card manufacturers and technology companies to bring its solutions to market.

Technical Sentiment Signal: Buy

Current Market Cap: $13.25M

Learn more about IDXAD stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App