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Zwipe AS — Share Issue/Capital Change 2019
Sep 3, 2019
3797_rns_2019-09-03_c071a109-e7bb-4d7c-8c1f-719f15463caa.html
Share Issue/Capital Change
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Zwipe to explore listing on Nasdaq First North Growth Market
Zwipe to explore listing on Nasdaq First North Growth Market
OSLO, NORWAY - 3 September 2019- Biometric technology company Zwipe will explore
a potential listing on Nasdaq Stockholm's First North Growth Market. The timing
of such a listing remains to be evaluated.
Commenting on this development, CEO of Zwipe André Løvestam said "the past
several months has seen major stakeholders in the emerging biometric payment
market invest in preparations for commercialization of biometric payment cards
and accompanying offerings. This vote of confidence and positive outlook has
enabled several new strategic opportunities for Zwipe that are currently being
pursued. On this basis, the Board of Directors has concluded an intent to list
on Nasdaq Stockholm's First North Growth Market", adding "listing on Nasdaq
First North Growth Market will take the company closer to the majority of its
investors and open up a larger and more dynamic trading market for its shares."
Please see Zwipe's Interim Report January to June 2019 on the company's website,
www.zwipe.com for more information about the company's status and outlook.
About Zwipe
Zwipe is a technology solution provider that enables battery-less, ultra-low
-power, self-contained biometric authentication solutions. Together with an
ecosystem of partners including global brands within security, financial
services and ID applications, Zwipe is "Making Convenience SecureT" for banks,
merchants and consumers. Using advanced fingerprint recognition while protecting
personal information, Zwipe's solutions address the data theft pitfalls inherent
in traditional authentication methods. Headquartered in Oslo, Norway, Zwipe has
spent the last 10 years developing its unique power harvesting technology
platform in combination with security solutions based on international
infrastructure standards. To learn more, visit www.zwipe.com
Media Contact for Zwipe: André Løvestam, CEO, +47 930 44 040 [email protected]