Fingerprint Cards AB (FPC), a renowned global leader in biometrics, recently conducted an Extra General Meeting on August 18, 2025, where a significant resolution was passed. The decision involved implementing a reverse share split, consolidating two thousand existing shares into one new share, effectively a reverse split at a ratio of 1:2,000. Additionally, the Board of Directors was authorized to determine the crucial record date for this reverse split.
Following the meeting, the Board has officially set the record date for the reverse split to be September 4, 2025. This strategic move will lead to a transformation in FPC’s B-shares ISIN code, with trading under the new code SE0026141665 commencing from September 3, 2025. Simultaneously, the non-listed A-share will transition to the ISIN code SE0026141657.
As a direct consequence of the reverse split, the total number of shares within Fingerprint Cards AB will undergo a significant reduction from 15,175,375,766 shares to 7,587,687 shares, with a corresponding decrease in votes from 15,246,250,766 to 7,623,120 votes post-split. Each share post-reverse split will possess a quota value of SEK 21.353477.
Shareholders are set to automatically receive a revised, reduced number of shares based on their holdings as of the record date on September 4, 2025. In cases where a shareholder’s holdings are not evenly divisible by 2,000, the shares will be rounded down accordingly. The surplus fractions of B-shares will be aggregated and sold by the Company, with eligible shareholders entitled to their portion of the proceeds from the sale. This fractional share sale is anticipated to occur in mid-September 2025, with proceeds expected to be disbursed by the end of the same month.
The reverse share split will impact FPC’s Class A and Class B shares, resulting in a reverse split ratio of 1:2,000. This conversion will translate to one share for every 2,000 existing shares of the same class, while retaining all class-specific rights and attributes unchanged. Once the reverse split is finalized, the company’s total shares and votes will witness a substantial reduction, aligning with the revised structure post-split.
Fingerprint Cards AB (FPC) stands as an eminent player in the global biometrics landscape, specializing in providing intelligent edge-to-cloud biometric solutions. Their vision encompasses a world where individuals serve as the key to a secure and seamless environment. Trusted by various enterprises, fintech firms, and OEMs, FPC’s solutions facilitate billions of secure and convenient authentications daily across diverse devices, cards, and digital platforms. By supporting multiple biometric modalities like fingerprints, iris, and facial recognition, FPC’s cloud-based identity management platforms bolster security and user experience, propelling the transition towards a passwordless world.
For more insights and updates on Fingerprint Cards AB, visit their website and stay connected via LinkedIn and Twitter. FPC is publicly listed on Nasdaq Stockholm (FING B).
- Fingerprint Cards AB undergoes a significant reverse share split, consolidating two thousand existing shares into one new share at a ratio of 1:2,000.
- The record date for the reverse split has been set for September 4, 2025, with subsequent changes in ISIN codes and share values.
- Shareholders will receive a reduced number of shares post-split, with provisions for handling fractional shares and sales proceeds.
- FPC continues to lead in biometrics, offering secure and seamless solutions that power billions of authentications daily, driving the industry towards a passwordless future.
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