Press Releases

Resolutions at Precise Biometrics’ Annual General Meeting 2022

At the Annual General Meeting (the “AGM”) of Precise Biometrics, held today on May 19, 2022, Torgny Hellström, Torbjörn Clementz, Mats Lindoff, Åsa Schwarz and Synnöve Trygg were re-elected as Board members and Peter Gullander was elected as new Board member. In addition, the AGM resolved on consolidation of the company’s shares 1:10 and implementation of a long-term incentive program for all employees in the group.

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PRECISE CONVENES ANNUAL GENERAL MEETING 2022

The Board of Directors of Precise proposes that the Annual General Meeting 2022 resolves to implement a long-term performance-based incentive program for all employees. The Board also proposes that Patrick Höijer, taking office as CEO of Precise on June 1, 2022, should be given the opportunity to acquire warrants. A shareholder proposal regarding a consolidation of the company’s shares 1:10 has been submitted.

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Change in number of shares and votes in Precise Biometrics

As announced on 29 November 2021, Precise Biometrics has carried out a directed share issue to Swedish and international professional investors and family offices, resulting in an increase in the total number of shares and votes by 28,750,000. In addition, Precise Biometrics has, as announced on 30 November 2021, carried out a set-off issue in […]

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Precise signs two licensing agreements for use of biometrics in automotive use cases

Precise announced today that the company has signed its first commercial licensing agreements with two Original Design Manufacturers (ODMs) to provide fingerprint technology, including Precise’s proprietary fingerprint algorithm, Precise BioMatch, to allow various applications, including automated adjustments of driver settings in vehicles. Under the terms of the licensing agreements, Precise will receive a total of approximately SEK 9 million as upfront payment and future royalties based on actual number of sensors being installed, together with a recurring fee for support and maintenance.

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