YEAR-END REPORT FOR THE PERIOD JANUARY TO DECEMBER 2022
Read MoreThe Board of Directors of Precise has appointed Joakim Nydemark to EVP and CCO Algo for Precise. Joakim comes most recently from the tech company Crunchfish and the role as COO and CEO of the subsidiary Crunchfish Gesture Interaction AB. Joakim Nydemark succeeds Fredrik Sjöholm, who has been appointed as CEO of another company.
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The total number of shares in Precise Biometrics AB as per December 30, 2022, amounts to 47,512,597, divided into 46,427,597 ordinary shares and 1,085,000 shares of series C, corresponding to a total of 46,536,097 votes.
Read MorePrecise has on 23 December 2022 entered into a commercial licensing agreement with Isorg, a France-based leader in organic optical sensors, to provide a new fingerprint technology to the mobile industry. Under the initial agreement period until end of 2024, Precise will receive minimum approximately SEK 11 million in fixed license and support fees. In addition, Precise will receive future royalties based on the actual number of fingerprint sensors when they are sold and installed in mobile phones.
Read MoreThe Board of Directors of Precise Biometrics AB has today, in accordance with the authorization of the Annual General Meeting on May 19, 2022, resolved to issue and repurchase shares of series C to secure Precise Biometrics’ obligations pursuant to the incentive program LTI 2022/2028.
Read MoreFredrik Sjöholm has today announced his intention to pursue new challenges outside of Precise to assume the role as CEO for another company, and thereby leaving the role as EVP and CCO Algo for Precise. Fredrik will remain in his role during his notice period, which amounts to six months.
Read MoreINTERIM REPORT FOR THE PERIOD JANUARY TO SEPTEMBER 2022
Read MoreAs previously announced, Precise Biometrics AB has carried out a rights issue of 2,871,564 ordinary shares and a directed issue of 3,959,639 ordinary shares. Through the issues, the number of shares and votes in Precise Biometrics has increased with 6,831,203.
Read MoreThe board of directors of Precise Biometrics AB today announces the outcome of the rights issue of ordinary shares which was resolved on by the board of directors on 10 August 2022 and approved by the extraordinary general meeting on 5 September 2022. In total, 2,871,564 ordinary shares were subscribed for, corresponding to approximately 43.5 percent of the rights issue. Through the rights issue, the company will receive approximately SEK 18.5 million prior to issue costs. Further, Egis Technology Inc. has subscribed and been allocated all ordinary shares in the directed issue resolved on by the board of directors on 10 August 2022, corresponding to proceeds of approximately SEK 25.5 million before issue costs. In total, the Company will receive approximately SEK 44.0 million before issue costs. Egis Technology’s ownership in the Company after the share issues amounts to a total of 5,609,488 ordinary shares, corresponding to 12.08 percent of the shares in the Company.
Read MorePrecise today announces management changes to reflect its business segments Algo and Digital Identity. The changes are made to support continued delivery in accordance with the growth strategy and provide a strengthened focus on Precise’s two business segments. As a result of the re-organization, the Board of Directors has appointed Fredrik Sjöholm as EVP and CCO of Algo. At the same time, Patrick Höijer will assume the role as interim CCO of Digital Identity in addition to his role as CEO.
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