StockNews.AI
IDBA
StockNews.AI
16 days

Registration of share consolidation (reverse split) in IDEX Biometrics - 4 July 2025

1. IDEX Biometrics completes a 100-to-1 share consolidation. 2. Share capital remains NOK 47,364,256, now in 47,364,256 shares. 3. Consolidation does not affect trading dates for old and new shares. 4. IDEX specializes in biometric authentication for payments and access control. 5. The reverse split aims to improve stock market perception.

4 mins saved
Full Article

FAQ

Why Bullish?

Share consolidations can enhance a stock's perceived value. Historical examples show stocks often perform better after reverse splits.

How important is it?

The reverse split reflects corporate restructuring aimed at improving market perception. Positive sentiment around share consolidation could lead to increased investor interest.

Why Short Term?

Market perception may improve quickly post-consolidation, but long-term effects depend on company performance. Similar cases indicate short-term price movements following such announcements.

Related Companies

July 04, 2025 03:55 ET  | Source: IDEX BIOMETRICS ASA Reference is made to the notice on 11 April 2025 about the 100-to-1 share consolidation (reverse split) in IDEX Biometrics ASA, as resolved by the extraordinary general meeting held on the same day. The consolidation has been registered in the Norwegian Register of Business Enterprises. Following the registration, the company's share capital remains NOK 47,364,256.00, but is now divided into 47,364,256 shares, each with a nominal value of NOK 1.00. For the avoidance of doubt, the registration does not affect the dates set forth in the notice updating the key information relating to the share consolidation and trading of old and new shares, issued on 18 June 2025. For further information contact:Anders Storbråten, CEO and CFOE-mail: anders@idexbiometrics.com About IDEX BiometricsIDEX Biometrics ASA (IDEX) is a global technology leader in fingerprint biometrics, offering authentication solutions across payments, access control, and digital identity. Our solutions bring convenience, security, peace of mind and seamless user experiences to the world. Built on patented and proprietary sensor technologies, integrated circuit designs, and software, our biometric solutions target card-based applications for payments and digital authentication. As an industry-enabler we partner with leading card manufacturers and technology companies to bring our solutions to market. For more information, visit www.idexbiometrics.com About this noticeThis notice was published by Erling Svela, Vice president of finance, on 4 July 2025 at 09:55 CET on behalf of IDEX Biometrics ASA. The information shall be disclosed according to section 5‑8 of the Norwegian Securities Trading Act (STA) and published in accordance with section 5‑12 of the STA.

Related News