Swedish Regulator Clears Fingerprint Cards-Precise Biometrics Merger
Fingerprint Cards (FING-B.ST) said Wednesday the Swedish Companies Registration Office granted permission to implement its merger plan with Precise Biometrics (PREC.ST) and will register the deal on July 20. Following the approval and the upcoming registration, Fingerprint Cards will delist from Nasdaq Stockholm and dissolve, with its shareholders expected to receive Precise Biometrics shares on July 23. Fingerprint shares are expected to end trading on Thursday. All of biometric systems company Fingerprint Cards' assets and liabilities will be transferred to biometrics and cybersecurity group Precise Biometrics.
Fingerprint Cards (FING-B.ST) said Wednesday the Swedish Companies Registration Office granted permission to implement its merger plan with Precise Biometrics (PREC.ST) and will register the deal on July 20.
Following the approval and the upcoming registration, Fingerprint Cards will delist from Nasdaq Stockholm and dissolve, with its shareholders expected to receive Precise Biometrics shares on July 23.
Fingerprint shares are expected to end trading on Thursday.
All of biometric systems company Fingerprint Cards' assets and liabilities will be transferred to biometrics and cybersecurity group Precise Biometrics.