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Next’s busy fall: New debt funding, new India buyer, new CEO
Sept. 27, 2023, 6:46 p.m. | Jim Nash
Biometric Update www.biometricupdate.com
Sensor maker Next Biometrics says it has raised gross proceeds of NOK 60 million in a private placement – debt financing – intended to enliven its operations and prepare for expected new orders.
The Sweden firm makes large-format, slim fingerprint sensors. Next shares on the Oslo Bors hovered on the news, trading slightly up in historically light volumes.
There are formalities yet to be resolved, but the company's board has allocated 12 million shares at NOK 5 (US$0.47) per share. …
biometrics biometrics news biometrics stocks ceo debt fingerprint fingerprint sensors funding india large next biometrics operations prepare private sensor sensors stocks sweden trade notes
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