IDEX Biometrics ASA: Altea AS Acquires 10.26% Stake via Private Placement

Friday, Aug 22, 2025 1:02 pm ET1min read

IDEX Biometrics ASA has completed a private placement of 9,090,909 shares at NOK 3.30 per share. Altea AS will hold 5,347,321 shares, representing 10.26% of the shares and voting rights in IDEX. This disclosure is made in accordance with Norwegian Securities Trading Act section 4-2 and published in accordance with section 5-12.

IDEX Biometrics ASA (IDEX), a global leader in fingerprint biometrics, has successfully completed a private placement of 9,090,909 shares at NOK 3.30 per share. The share capital increase, disclosed on July 21, 2025, was split into two tranches. The shares were registered and delivered soonest, with Tranche 2 and underwriting shares to be delivered on a separate and non-tradable ISIN, pending approval by the Norwegian Financial Supervisory Authority [2].

Following the placement, IDEX's share capital will total NOK 56,909,707, divided into 56,909,707 shares, each with a nominal value of NOK 1.00. Notably, Altea AS has acquired 5,347,321 shares, representing 10.26% of the shares and voting rights in IDEX [2]. This significant investment aligns with Altea AS's strategic focus on technology and innovation.

The private placement was disclosed in accordance with Norwegian Securities Trading Act section 4-2 and published in accordance with section 5-12 [2]. The notice was issued by Kjell-Arne Besseberg, COO, on behalf of IDEX Biometrics ASA on August 22, 2025, at 17:30 CEST [2].

This transaction underscores the growing interest in IDEX's biometric solutions and the potential of its technology in various applications, including payments, access control, and digital identity. The increase in share capital also signals a strong financial position and strategic growth for the company.

References:
[1] https://www.stocktitan.net/news/AKRCY/aker-carbon-capture-asa-liquidation-balance-j5dahfw20f0g.html
[2] https://finance.yahoo.com/news/registration-share-capital-increase-idex-153000519.html

IDEX Biometrics ASA: Altea AS Acquires 10.26% Stake via Private Placement

Comments



Add a public comment...
No comments

No comments yet