Brief: Idex Biometrics: Contemplated Private Placement

Idex Biometrics ASA

09/11/2021 15:34

Nov 9 (Reuters) - Idex Biometrics ASA  IDEX.OL :
    * CONTEMPLATED PRIVATE PLACEMENT 
    * NET PROCEEDS FROM PRIVATE PLACEMENT WILL BE USED TO COVER
FORECASTED CASH REQUIREMENTS UNTIL POINT OF CASHFLOW BREAK EVEN
AS WELL AS FOR GENERAL CORPORATE PURPOSES
    * BOOKBUILDING PERIOD COMMENCES TODAY AT 16:30 CET AND ENDS
AT
08:00 CET ON 10 NOVEMBER 2021
    * PRIVATE PLACEMENT WILL BE DIRECTED TOWARDS NORWEGIAN AND
INTERNATIONAL INVESTORS

Source text for Eikon:  ID:nGNE7pB6jR 
Further company coverage:  IDEX.OL 

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