IEX Stock Recent News

Idex (IEX) reported earnings 30 days ago. What's next for the stock?

Reference is made to the notice on 29 August 2024 regarding settlement of a term payment on a convertible loan by issue of 9,123,333 shares at NOK 0.60 per share.

The board of directors of IDEX Biometrics ASA has resolved to issue 1,500,000 incentive subscription rights (SRs) to the CEO of the IDEX Biometrics group. The grant was made under the company's 2024 incentive subscription rights plan as resolved at the annual general meeting on 16 May 2024. The exercise price of the SRs is NOK 0.93 per share. The SRs vest by 25% per year over four years and expire on 16 May 2029.

Oslo, Norway, 28 August 2024 – IDEX Biometrics is bringing biometric authentication onto payment cards for the Indian market, together with a worldwide leader in payment services. India boasts more than 1 billion payment cards in circulation and has been a frontrunner in biometrics for many years.

Reference is made to the notice on 20 August 2024 regarding a private placement of 16.2 million shares at NOK 0.60 per share. The share capital has been registered and the shares will be delivered soonest.

Oslo, Norway – 26 August 2024 – IDEX Biometrics has reached an important milestone for IDEX Pay by successfully passing Visa's certification using Visa's latest VBSS(*) biometric payment application. The IDEX Pay biometric solution includes the IDEX Biometrics proprietary card operating system and latest technology fingerprint sensor with Infineon's high performing SLC38 secure element.

Reference is made to IDEX Biometrics ASA's disclosure today of a private placement of shares. IDEX Biometrics discloses the following information on behalf of a primary insider.

IDEX Biometrics ASA has completed a private placement of new shares in the company after market close 19 August 2024 by an accelerated book build. The private placement amounts to 16,166,667 shares at NOK 0.60 per share, raising NOK 9.7 million before expenses. The net proceeds from the private placement will be used to general corporate purposes.

Oslo, Norway – 19 August 2024 – IDEX Biometrics has appointed Catharina Eklof as the new Chief Executive Officer, effective as of today.

Oslo, Norway – 15 August 2024 - IDEX Biometrics ASA's interim report for the first half of 2024 is attached to this notice (link below). The interim report is also available on the IDEX Biometrics website: www.idexbiometrics.com/investors/interim-results/