Brief: Zwipe To Pay $702,000, Late Payment Interest, Legal Costs To Idex Biometrics
28/01/2025 10:56
Jan 28 (Reuters) - Zwipe AS ZWIPEZ.OL :
* ARBITRATION TRIBUNAL HAS ORDERED ZWIPE AS TO PAY USD
702,000
(EXCLUDING VAT) TO IDEX BIOMETRICS ASA, PLUS LATE PAYMENT
INTEREST AND LEGAL COSTS
* IS IN PROCESS OF CONVENING AN EXTRAORDINARY BOARD MEETING
TO
DISCUSS FEASIBILITY OF PAYING AWARD AND CONTINUING ITS
OPERATIONS
Source text: ID:nObi7Bgw5a
Further company coverage: ZWIPEZ.OL
(Gdansk Newsroom)
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