IDEX Biometrics ASA is offering up to 140 million new shares. Subscription price set at NOK 0.15 per share, with additional warrants. Offering allows non-participating investors equal chance to buy shares. Subscription period ends today, non-used rights will lapse. Company specializes in fingerprint biometrics for payments and digital identity.
The offering is aimed at leveling participation, possibly stabilizing stock. However, it may dilute existing shares.
Immediate subscription period closure impacts price shortly. Subsequent effects depend on investor interest.
The offering directly influences share availability, impacting market perception.