Precise Biometrics AB’s 2025 AGM Highlights Strategic Growth Initiatives

An announcement from Precise Biometrics AB ( (SE:PREC) ) is now available.

The 2025 Annual General Meeting of Precise Biometrics AB resulted in several key decisions, including the adoption of the income statement and balance sheet, and the re-election of board members with Victor Kuzmin joining as a new member. The meeting approved a long-term incentive program involving up to 1,200,000 warrants and authorized the board to issue shares or convertible instruments, potentially increasing the company’s share capital by up to 20%. These decisions reflect Precise Biometrics’ strategic focus on growth and employee engagement, aiming to enhance its market position and operational capabilities.

More about Precise Biometrics AB

Precise Biometrics AB is a global leader in biometrics and cybersecurity, offering a suite of biometric recognition solutions including fingerprint, face, and palm recognition algorithms. The company provides turnkey solutions for visitor management and biometric physical access management, with applications in mobiles, laptops, security tokens, smart locks, and automotive settings. Precise operates through its Digital Identity and Biometric Technologies units, with offices in Sweden, USA, South Korea, Taiwan, and China, and is listed on Nasdaq Stockholm.

Average Trading Volume: 459,098

Current Market Cap: SEK274.7M

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