Precise Biometrics completes merger with Fingerprint Cards

Reuters2026/07/20 20:03

By:Reuters

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Precise Biometrics completed its merger with Fingerprint Cards, absorbing all assets and liabilities as Fingerprint Cards was dissolved without liquidation.
A SEK 110.3 million rights issue was launched to fund post-merger integration, repay bridge financing, support synergy delivery, and back growth initiatives.
Issue terms set at SEK 0.82 per share; up to 134,508,376 new shares; shareholders receive 1 right per share, with 12 rights for 11 new shares.
Guarantee commitments increased to SEK 100 million, covering about 91% of the offering; annual cost synergies targeted at at least SEK 45 million.
Record date July 27; subscription runs July 29 to Aug. 12; non-participating holders face about 48% dilution at full subscription.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Precise Biometrics AB published the original content used to generate this news brief on July 20, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Precise Biometrics completes merger with Fingerprint Cards

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