UK Markets closed

Idex ASA (IDXAF)

Other OTC - Other OTC Delayed price. Currency in USD
Add to watchlist
0.2225+0.0025 (+1.14%)
As of 3:09PM EST. Market open.
Full screen
Trade prices are not sourced from all markets
Previous close0.2200
Open0.2225
Bid0.0000 x 0
Ask0.0000 x 0
Day's range0.2225 - 0.2225
52-week range0.0500 - 0.2800
Volume250
Avg. volume5,517
Market cap164.122M
Beta (5Y monthly)2.54
PE ratio (TTM)N/A
EPS (TTM)-0.0410
Earnings dateN/A
Forward dividend & yieldN/A (N/A)
Ex-dividend dateN/A
1y target estN/A
  • Globe Newswire

    IDEX Biometrics - Private placement successfully completed, raising NOK 70 million

    IDEX Biometrics ASA (the “Company”), a leading provider of advanced fingerprint identification and authentications solutions, has successfully conducted a private placement of new shares (the “Private Placement”). The gross proceeds of the Private Placement amounts to NOK 70 million by issue of 42.5 million new shares at NOK 1.65 per share. The Private Placement took place 9 November 2020 after close of Oslo Børs. The additional funds are expected to meet the Company's capital requirements in the medium term.The net proceeds from the Private Placement will be used to fund growth opportunities and for general corporate purposes. Vince Graziani, CEO, IDEX Biometrics, said: "This additional capital will enable IDEX to deliver on our commitments to current customers and new customers when we are moving to large scale commercialization. This investment confirms the potential of IDEX's fingerprint sensor technology in the biometric payment cards market." IDEX is an international company traded on Oslo Børs. The Company intends to list American Depositary Shares ("ADSs") representing its ordinary shares, on the Nasdaq Stock Market, this in addition to its current listing on Oslo Børs. The new shares are issued under the board's current authorization to issue shares as resolved by the Company's annual general meeting held on 15 May 2020. The shares were placed at 3.1% premium on the closing price of the Company’s shares on 9 November 2020, to Norwegian and international investors and existing shareholders of the Company, as well as board members and members of management. The Company's board believes that the Private Placement is an appropriate funding mechanism at the current time and is in the best interest of the Company and all of its shareholders. The board considers it is appropriate to waive the existing shareholders' preferential right to subscribe for the Offer Shares. The subscription amount must be paid by 20 November 2020. The new shares will be issued as soon as practicable after payment and registration of the capital increase with the Norwegian Register of Business Enterprises. Following the Private Placement, the Company will have a share capital amounting to NOK 124,592,824.65 divided into 830618831 shares at NOK 0.15 nominal value per share. The following primary insiders subscribed to shares in the Private Placement: Chair Morten Opstad subscribed to 100,000 shares. Following the Private Placement, Mr. Opstad and close associates hold 7,398,916 shares and no other rights to shares in IDEX. Deputy chair Larry Ciaccia subscribed to 150,000 shares. Following the Private Placement, Mr. Ciaccia holds 271,563 shares and 600,000 subscription rights to shares in IDEX. Board member Deborah Davis subscribed to 50,000 shares. Following the Private Placement, Ms. Davis holds 564,479 shares and no other rights to shares in IDEX. Board member Hanne Høvding subscribed to 25,000 shares. Following the Private Placement, Ms. Høvding holds 487,778 shares and no other rights to shares in IDEX. Board member Steve Skaggs subscribed to 100,000 shares. Following the Private Placement, Mr. Skaggs holds 764,909 shares and no other rights to shares in IDEX. Board observer Tom Quindlen subscribed to 275,000 shares. Following the Private Placement, Mr. Quindlen holds 275,000 shares and no other rights to shares in IDEX. CEO Vince Graziani subscribed to 150,000 shares. Following the Private Placement, Mr. Graziani holds 1,035,000 shares and 5,000,000 subscription rights to shares in IDEX. CFO Derek D’Antilio subscribed to 125,000 shares. Following the Private Placement, Mr. D’Antilio holds 611,479 shares and 2,000,000 subscription rights to shares in IDEX. CTO Anthony Eaton subscribed to 30,000 shares. Following the Private Placement, Mr. Eaton holds 211,041 shares and 1,452,800 subscription rights to shares in IDEX. VP Finance Erling Svela subscribed to 90,000 shares. Following the Private Placement, Mr. Svela holds 320,162 shares and 1,061,200 subscription rights to shares in IDEX. For further information contact:Marianne Bøe, Investor Relations E-mail: marianne.boe@idexbiometrics.com  Tel: + 47 918 00186 Derek D’Antilio, Chief Financial OfficerE-mail: derek.dantilio@idexbiometrics.com   Tel: +1 978 273 1344 About IDEX BiometricsIDEX Biometrics ASA (OSE: IDEX and OTCQB: IDXAF) is a leading provider of fingerprint identification technologies offering simple, secure and personal touch-free authentication for all.  We help people make payments, prove their identity, gain access to information, unlock devices or gain admittance to buildings. We invent, engineer, and commercialize these secure and safe yet incredibly user-friendly solutions.  Our total addressable market represents a fast growing multi-billion-unit opportunity. For more information, visit www.idexbiometrics.com and follow @IDEXBiometrics IMPORTANT INFORMATION This announcement is not and does not form a part of any offer to sell, or a solicitation of an offer to purchase any securities. The distribution of this announcement and other information may be restricted by law in certain jurisdictions. Copies of this announcement are not being made and may not be distributed or sent into any jurisdiction in which such distribution would be unlawful or would require registration or other measures. Persons into whose possession this announcement or such other information should come are required to inform themselves about and to observe any such restrictions. The securities referred to in this announcement have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "Securities Act"), and accordingly may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act and in accordance with applicable U.S. state securities laws.  There will be no public offer of the securities referred to in this announcement in the United States. Any public offering of securities to be made in the United States will be made by means of a prospectus that may be obtained from the issuer or the selling security holder and that will contain detailed information about the Company and management, as well as financial statements. This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act

  • Globe Newswire

    IDEX Biometrics to Participate at the ROTH Technology Virtual Event

    Oslo, Norway, 6 November 2020:  IDEX Biometrics ASA, a leading provider of advanced fingerprint identification and authentication solutions, will be participating at the following virtual investor conference: ROTH Technology Virtual Event Conference 2020 Dates: 11-12 November 2020 IDEX will be represented by CEO Vince Graziani and CFO Derek D’Antilio. Any supporting presentation materials will be available on the date of the event in the Investors section of the company’s website at www.idexbiometrics.com. For further information contact:Marianne Bøe, Investor Relations E-mail: marianne.boe@idexbiometrics.comTel: + 47 918 00186 Derek D’Antilio, Chief Financial OfficerE-mail: derek.dantilio@idexbiometrics.com Tel: +1 978 273 1344 About IDEX BiometricsIDEX Biometrics ASA (OSE: IDEX and OTCQB: IDXAF) is a leading provider of fingerprint identification technologies offering simple, secure and personal touch-free authentication for all.  We help people make payments, prove their identity, gain access to information, unlock devices or gain admittance to buildings. We invent, engineer, and commercialize these secure and safe yet incredibly user-friendly solutions.  Our total addressable market represents a fast growing multi-billion-unit opportunity. For more information, visit www.idexbiometrics.com and follow @IDEXBiometrics Trademark The wordmark "IDEX”, and the IDEX logo are registered trademarks of IDEX ASA. This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act

  • Globe Newswire

    IDEX Biometrics – Interim Report for the First Nine Months of 2020

    The report and an updated company presentation are enclosed in pdf files. Report highlights:Commercial momentum for biometric payment cards is accelerating with issuers and bankso          Covid-19 rapidly accelerating contactless paymentso          Multiple new orders from new integrators and geographies suggest broad demand Payment card marketo          Production orders for the TrustedBio™ solution from a tier 1 global payment card manufacturero          Large volume order from ZWIPEo          Volume orders from Hengbao, one of the largest smart card companies based in China, covering the banking, telecom and security sectorso          Design wins and orders from new global card manufacturerso          Added additional secure element partnership; Collaborating with Shanghai Fudan Microelectronics Group Co.Ltd (FMSH) to integrate IDEX’s biometric solution with FMSH’s latest generation secure element targeted at multiple market segments Other markets o          Ramping up production shipments to the large IT and financial services customer o          Received volume production orders for both current and next generation products from Doongwan Anatech, a South Korean smart card manufacturer Banking industry executives added to the board and the strategic advisory committee To broaden the investor base, IDEX filed a registration statement with the U.S. Securities and Exchange Commission to achieve dual listing on Nasdaq Vince Graziani, CEO, commented: “I am pleased to say our teams, as well as our customers, have remained healthy and productive. We have now begun shipping TrustedBio™ to our leading customers. We continue to build strategic partnerships with card manufacturers and secure element providers.” He added: “We have begun volume shipments and have volume orders from several customers.” For further information contact:Marianne Bøe, Investor Relations E-mail: marianne.boe@idexbiometrics.comTel: + 47 918 00186 Derek D’Antilio, Chief financial OfficerE-mail: derek.dantilio@idexbiometrics.comTel: +1 978 273 1344 About IDEX BiometricsIDEX Biometrics ASA (OSE: IDEX and OTCQB: IDXAF) is a leading provider of fingerprint identification technologies offering simple, secure and personal touch-free authentication for all.  We help people make payments, prove their identity, gain access to information, unlock devices or gain admittance to buildings. We invent, engineer, and commercialize these secure and safe yet incredibly user-friendly solutions.  Our total addressable market represents a fast growing multi-billion-unit opportunity. For more information, visit www.idexbiometrics.com and follow @IDEXBiometrics This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act Attachments IDEX Q3 2020 report pub QuarterlyPresentation_Q32020 pub