Mot 8 Kronor
SUBJECT TO COMPLETION, DATED FEBRUARY 19, 2021
60,000,000 Ordinary Shares
Represented by 800,000 American Depositary Shares
We have applied to list American Depositary Shares, or ADSs, each representing 75 ordinary shares of IDEX Biometrics ASA, on the Nasdaq Capital Market, or Nasdaq, under the symbol “IDBA”. The ADSs are expected to begin trading on Nasdaq on February 24, 2021. Our ordinary shares are currently traded on Oslo Børs under the symbol “IDEX”. The closing price of our ordinary shares on Oslo Børs on February 18, 2021 was NOK 2.80 per ordinary share, which is equivalent to a price of $0.33 per share based on an exchange rate of NOK 8.48 per U.S. dollar, as reported by Bloomberg L.P. on February 18, 2021, or $24.75 per ADS, after giving effect to the ratio of one ADS for every 75 ordinary shares. We have appointed The Bank of New York Mellon to act as the depositary for the ADSs representing our ordinary shares, including the Registered Shares, as defined below. Upon the effectiveness of the registration statement of which this prospectus forms a part, holders of ordinary shares registered hereby are expected to be able to deposit such ordinary shares with the depositary in exchange for ADSs representing such ordinary shares at the ratio referred to in the first sentence of this paragraph. ADSs representing the ordinary shares registered hereby will be freely tradeable on the effective date of the registration statement of which this prospectus forms a part.
We are filing the registration statement of which this prospectus forms a part with respect to an aggregate of 60,000,000 ordinary shares