IDEX Biometrics ASA - Key information relating to possible subsequent offering/repair offering

3 months ago 13
Suniway Group of Companies Inc.

Upgrade to High-Speed Internet for only ₱1499/month!

Enjoy up to 100 Mbps fiber broadband, perfect for browsing, streaming, and gaming.

Visit Suniway.ph to learn

Scroll Up

Oslo, 11 March 2025

Reference is made to the stock exchange notice from IDEX Biometrics ASA ("IDEX" or the "Company") on 11 March 2025 regarding irrevocable undertakings from certain existing shareholders for a total loan amount of NOK 30 million ("Loans”), and a possible subsequent offering, raising up to NOK 6 million, at the same subscription price as in the debt conversion related to the Loans (the "Subsequent Offering"), subject to approval by an Extraordinary General Meeting to be held on or about 11 April 2025.

Date on which the terms and conditions of the subsequent offering/repair offering were announced: 11 March 2025;

Last day including right: 10 March 2025;

Ex-date: 11 March 2025;

Get the latest news
delivered to your inbox

Sign up for The Manila Times newsletters

By signing up with an email address, I acknowledge that I have read and agree to the Terms of Service and Privacy Policy.

Record date: 12 March 2025;

Date of approval: Expected to be on or about 11 April 2025 by resolution of an Extraordinary General Meeting (to be called);

Maximum number of new shares: 600,000,000; and

Subscription price: NOK 0.01.

The Subsequent Offering will be carried out as set out in an offering prospectus (which must be approved by the Norwegian Financial Supervisory Authority) to be published prior to commencement of the subscription period.

This information is published in accordance with the requirements of the Continuing Obligations.

This website uses cookies. By continuing to browse the website, you are agreeing to our use of cookies. Read More.

Read Entire Article