Brief: Idex Biometrics Contemplates Private Placement Of New Shares

Idex Biometrics ASA

15/05/2024 15:45

May 15 (Reuters) - Idex Biometrics ASA  IDEX.OL :
    * CONTEMPLATED PRIVATE PLACEMENT  - 15 MAY 2024
    * CONTEMPLATES PRIVATE PLACEMENT OF NEW SHARES TO RAISE
GROSS
PROCEEDS OF NOK 40-50 MILLIO
    * EXPECTS TO BE BELOW USD 4.0M IN QUARTERLY OPEX ON A
RUN-RATE
BASIS FROM END OF JUNE 2024.
    * SEES TO BE BELOW $3.0M IN QUARTERLY CASH OPEX ON RUN-RATE
BASIS
BY END OF SEPT. 2024

Source text for Eikon:  ID:nGNE1MQ4pn 
Further company coverage:  IDEX.OL 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 772 0920;))