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IDEX Biometrics ASA – Amended terms of convertible bond agreement, Commitment letter signed

By Globe Newswire Published on September 18, 2024, 02:25 IST

Reference is made to the notice by IDEX Biometrics ASA (“IDEX” or the “Company”) on 16 September 2024, relating inter alia to certain contemplated amended terms of the Company’s senior convertible bond (the “Convertible Bond”), issued to an affiliate of Heights Capital Management (“Heights”) with an outstanding principal amount of NOK 66,640,000. As further stated in the notice, the Commitment Letter with an accompanying term sheet for an amendment agreement relating to such amendments would be entered into by the Company and Heights on or about 16 September 2024.

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