IEX Stock Recent News

Reference is made to the announcement by IDEX Biometrics ASA (the "Company") on 11 April 2025 regarding the 11 April 2025 Extraordinary General Meeting's resolution to carry out a subsequent offering by issuance of up to 600,000,000 new shares in the Company. Reference is also made to the announcement on 6 June 2025 regarding the subsequent offering being 8x oversubscribed, resulting in the issuance of 600,000,000 new shares at a subscription price per share of NOK 0.01, raising gross proceeds of NOK 6 million.

Kristian Flaten, CFO in IDEX Biometrics ASA, has bought 1,608,809 shares in IDEX Biometrics ASA, at a price of NOK 0.01 per share through the subsequent offering.

IDEX Biometrics ASA informs of primary insider transactions as listed in the attached notifications. For further information contact: Kristian Flaten, CFO, Tel: +47 95092322 E-mail: ir@idexbiometrics.com This information is subject to the disclosure requirements pursuant to Article 19 of the EU Market Abuse Regulation and Section 5-12 of the Norwegian Securities Trading Act.

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART DIRECTLY OR INDIRECTLY, IN AUSTRALIA, CANADA, JAPAN, HONG KONG 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.

Reference is made to the stock exchange notice from IDEX Biometrics ASA on 21 May 2025 regarding the subscription period (the "Subscription Period") in the subsequent offering (the "Subsequent Offering") consisting of up to 600 million new shares at a subscription price of NOK 0.01 per share (“Offer Shares”).

CHICAGO--(BUSINESS WIRE)--Littelfuse, Inc. (NASDAQ: LFUS), a leader in developing smart solutions that enable safe and efficient electrical energy transfer, today announced that Abhi Khandelwal has been appointed Executive Vice President and Chief Financial Officer, effective June 18, 2025. Mr. Khandelwal brings more than 20 years of financial and operational experience to Littelfuse, most recently serving as Executive Vice President and Chief Financial Officer at IDEX Corporation (NYSE: IEX).

IDEX Biometrics ASA held the annual general meeting on 21 May 2025.  All resolutions were passed as proposed in the notice and agenda update for the meeting.

In connection with the first quarter 2025 report released earlier today, IDEX Biometrics CEO Anders Storbråten will host a presentation at Arctic Securities at 12:00 CET today.

IDEX Biometrics ASA's first quarter 2025 report is attached to this notice. Recent highlights: On 11 March 2025 IDEX Biometrics announced a new strategy with a fundamental shift in how the company would take its unique technology and products to market New CEO appointed – Anders Storbråten Securing a new debt facility of NOK 30 million, converted to shares Heights convertible bond renegotiated and amended Range of operational improvement initiatives under way – target quarterly run rate OPEX from end Q3 2025 in the range of $1.5-1.7 million.

Reference is made to the stock exchange announcements issued by IDEX Biometrics ASA (the "Company") on 11 March and 11 April 2025 regarding the successful loan financing of NOK 30 million and the subsequent conversion of such debt to shares in the Company at a subscription price of NOK 0.01 per share, resulting in the issuance of 3,000,000,000 new shares ("Debt Conversion” and “Debt Conversion Shares"), the subsequent offering of up to 600,000,000 new shares at a subscription price equal to the subscription price in the Debt Conversion ("Subsequent Offering" and the "Offer Shares"), and the amendment of a certain senior convertible bond (the "Convertible Bond") issued by an affiliate of Heights Capital Management ("Heights") to the Company, whereby, among other things, the principal amount of the Convertible Bond was reduced to an aggregate principal amount of NOK 49,980,000.