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Fingerprint Cards AGM Sees Re-election of Board Members, Share and Dividend Decisions

Fingerprint Cards AGM Sees Re-election of Board Members, Share and Dividend Decisions

“The developments arrive after Fingerprint Cards’ publication of its Q1 results earlier this month, in which the company reported improvements in its revenues and net result despite ongoing challenges in the mobile biometrics market.” Fingerprint Cards held its Annual General Meeting yesterday, and has disclosed its important developments. Concerning stockholders, it was resolved at the…

ImageWare to Issue Q1 Update on May 9

ImageWare to Issue Q1 Update on May 9

ImageWare will file its Q1 fiscal report to the SEC on Thursday, May 9th, and will hold a conference call on the quarter’s results that same day, the company has announced. The call is scheduled for 1:30pm PT, or 4:30pm ET. In announcing the Q1 update, the San Diego-based biometric authentication specialist offered few details…

Precise Biometrics Board Looks to Give New Leadership Long-Term Incentives at AGM

Precise Biometrics Board Looks to Give New Leadership Long-Term Incentives at AGM

Precise Biometrics has set a date and revealed the agenda for its Annual General Meeting, and it looks like the company is eager to get some incentives in place for its top leadership. Among the proposals for Precise Biometrics’ shareholders to vote on is a reverse share split, in which ten existing shares would be…

IDEX Raises $25M USD Through Private Placement

IDEX Raises $25M USD Through Private Placement

IDEX Biometrics has completed a $25 million USD private placement, the company has announced. The NOK 214 million deal entailed the sale of 53,437,500 shares to existing shareholders including Invesco, Woodford Investment Management, and members of the company’s management team and board of directors. In a statement announcing the private placement, IDEX asserted that it…

Zwipe Announces Major Share Offering

Zwipe Announces Major Share Offering

Zwipe has announced a plan to raise up to NOK 120 million, or about $13.7 million USD, through private and public equity. An initial tranche will comprise a private placement offered to major shareholders and “certain new investors in Norway and Sweden,” the company explained in a statement. Zwipe said these interests have “pre-committed” to…

Another Precise Biometrics Board Member Takes a Big Stake in Shares

Another Precise Biometrics Board Member Takes a Big Stake in Shares

Precise Biometrics board member Mats Lindoff has purchased 75,000 shares in his firm, the company has announced. It’s the latest in what has become a string of share purchases among senior Precise Biometrics managers. Last November, the company’s Chief Financial Officer, Ulrik Nilsson, bought 200,000 shares, and this was followed by the purchase of 150,000…

Fingerprint Cards Increases Share Capital

Fingerprint Cards Increases Share Capital

Fingerprint Cards has increased its share capital, with the number of its Class B shares rising by 870,000 to reach a total of 318,391,675 shares. The move was restricted to Class B shares, with the number of Class A shares remaining at 6,000,000. In a statement announcing the move, FPC framed it as part of a…

FPC Class B Shares Increase

FPC Class B Shares Increase

Fingerprint Cards is increasing the number of its Class B shares from 62,039,135 to 62,419,135, an increase of 380,000. The number of its Class A shares, meanwhile, remains unchanged at 1,200,000. In a statement announcing the move, FPC offered no specific rationale, but alluded to an exercise of warrants that has raised share capital by SEK 76,000.…