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Stock impact report

IDEX Biometrics ASA - Private Placement successfully placed – 15 May 2024 [Yahoo! Finance]

CompoSecure, Inc. - Class A (CMPO) 
Company Research Source: Yahoo! Finance
OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF ANY OF THE SECURITIES DESCRIBED HEREIN. Oslo, 15 May 2024. Reference is made to the press release from IDEX Biometrics ASA ("IDEX" or the "Company") published earlier today, 15 May 2024, regarding a contemplated private placement of new shares in the Company (the "Offer Shares") to raise gross proceeds of NOK 40-50 million (the "Private Placement"). The Private Placement has been successfully placed. The transaction attracted strong interest and was significantly oversubscribed. On this basis, the Private Placement was upsized to NOK 55 million, through the issue of 33,333,333 new shares (the "Offer Shares") at a price of NOK 1.65 per Offer Share (the "Offer Price"). The net proceeds from the Private Placement will be used to fund the Company's commercialization phase, necessary product development and market development expenses, working c Show less Read more
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