Reference is made to the announcement by IDEX Biometrics ASA (the "Company") on 17 September 2024 regarding the private placement of shares with gross proceeds of NOK 70 million (the "Private Placement"). The Company retained Arctic Securities AS as sole manager and bookrunner for the Private Placement (the "Manager"). The Private Placement is divided into two tranches. 101,624,966 shares were allocated in the first tranche ("Tranche 1" and the "Tranche 1 Offer Shares") and 365,041,700 Offer Shares were all ...

IDEX Biometrics ASA held an extraordinary general meeting on 23 September 2024. 87.2 million shares or 25.7% of the share capital was represented at the meeting. The authorisation to the board to issue new shares, was approved by the extraordinary general meeting. The board will apply this authorization to issue the Tranche 1 Shares as disclosed in connection with the private placement on 16 September 2024: https://newsweb.oslobors.no/message/627919 . For the avoidance of doubt, the issue of Tranche 2 Share ...

Correction: Replaced attachment. IDEX Biometrics ASA will hold an extraordinary general meeting on Wednesday 9 October 2024 at 12.00 hours CET as an online meeting. There is no physical attendance option. Shareholders may attend online. by PC, smartphone or tablet. Reference is made to the private placement of shares on 16 September 2024, disclosed to the market on that date. The board proposes that the shareholders shall approve issue of Tranche 2 shares, a subsequent repair offering, issue of Warrants, an ...

IDEX Biometrics ASA will hold an extraordinary general meeting on Wednesday 9 October 2024 at 12.00 hours CET as an online meeting. There is no physical attendance option. Shareholders may attend online. by PC, smartphone or tablet. Reference is made to the private placement of shares on 16 September 2024, disclosed to the market on that date. The board proposes that the shareholders shall approve issue of Tranche 2 shares, a subsequent repair offering, issue of Warrants, and authorise the board to issue sh ...

Reference is made to the notice by IDEX Biometrics ASA ("IDEX" or the "Company") on 16 September 2024, relating inter alia to certain contemplated amended terms of the Company's senior convertible bond (the "Convertible Bond"), issued to an affiliate of Heights Capital Management ("Heights") with an outstanding principal amount of NOK 66,640,000. As further stated in the notice, the Commitment Letter with an accompanying term sheet for an amendment agreement relating to such amendments would be entered into ...

NOTE 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. PRIVATE PLACEMENT PLACED Reference is made to the press release from IDEX Biometrics ASA ("IDEX" or the "Company") published earlier today, 16 September 2024, regarding a c ...

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART DIRECTLY OR INDIRECTLY, IN AUSTRALIA, CANADA, JAPAN OR THE UNITED STATES OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF ANY OF THE SECURITIES DESCRIBED HEREIN. Oslo, 16 September 2024. IDEX Biometrics ASA (the "Company"), a leading provider of advanced fingerprint identification and authentications solutions, has retained Arctic Securities AS as ...

IDEX Corporation (IEX) recently completed the acquisition of Mott Corporation and its subsidiaries (Mott). The transaction is valued at $1 billion (including a $100 million tax benefit). The valuation equates to approximately 19 times Mott's forecasted EBITDA for the full year of 2024 and a multiple in the mid-teens based on the projected EBITDA for 2025. This deal was announced in July 2024. Based in Farmington, CT, Mott is engaged in designing and manufacturing sintered porous metal components and enginee ...

IDEX Biometrics ASA will hold an extraordinary general meeting on Monday 23 September 2024 at 12.00 hours CET as an online meeting. There is no physical attendance option. Shareholders may attend online. by PC, smartphone or tablet. The board proposes that the shareholders shall authorize the board to issue new shares. The notice with attendance form will be sent to the shareholders today and is also enclosed in pdf file (link below). The notice of the annual general meeting and the ancillary documents are/ ...

imantsu/E+ via Getty Images I highlighted my 'Buy' thesis on IDEX's (NYSE:IEX) in my previous article published in June 2024, arguing the moderation of order growth. IDEX released its Q2 result on July 31, reporting a 4% decline in organic revenue and lowering the full-year growth guidance due to project delays and overall softness in the industrial market. Despite these near-term headwinds, I favor IDEX's efforts in portfolio management and capital allocation. I reiterate 'Buy' rating with a fair price tar ...