IDEX Biometrics ASA announced a private placement to issue 78,651,685 new shares at an issue price of NOK 0.4450 per Offer Share for the gross proceeds of NOK 34,999,999.825 on November 15, 2023. The Private Placement will be completed in one tranche consisting of 78,651,685 Offer Shares. Due to the final number of Offer Shares placed, the announced potential second tranche of the Private Placement is cancelled.

Settlement of the Offer Shares is expected to take place on a delivery versus payment basis on or about 20 November 2023. The Offer Shares will be tradeable from allocation.