Precise Biometrics Seeks SEK110 Million from Rights Offering

01:15 AM EDT, 07/21/2026 (MT Newswires) -- Precise Biometrics (PREC.ST) is aiming to raise 110.3 million kronor by offering up to 134,508,376 shares with preemptive rights at 0.82 krona per share, according to a Monday release. The biometrics and cybersecurity company will offer the shares to shareholders on record as of July 27. For every share held, shareholders will receive one subscription right, with 12 subscription rights entitling the holder to subscribe for 11 new shares under the offering. The subscription period will run from July 29 to Aug. 12, with results expected by Aug. 13. Net proceeds from the share sale will be used to finance the integration of biometric systems company Fingerprint Cards, repay bridge financing, pursue synergy opportunities, and for product development and commercial initiatives in priority growth areas of the group.