IDEX Biometrics spent time in the spotlight of the financial world this morning, with the company’s CEO Vince Graziani ringing the Nasdaq opening bell.
It is a symbolic ceremony that commemorates the daily opening of official trading hours on the stock exchange and provides executives of companies listed on the Nasdaq with a high-level opportunity to present their companies to a global audience. Attendees enjoy an hour of advertising on the Nasdaq tower and marquee, and traditionally appear on a platform (literal, physical) for the ceremony itself. The event of course changed during the pandemic, with attendees connecting virtually.
IDEX debuted on the Nasdaq on March 1, under the ticker IDBA. Each IDBA unit consists of 75 ordinary shares of IDEX Biometrics, the Norway-based company having previously traded on the Oslo Børs stock exchange.
In the opening remarks during the virtual ceremony, Nasdaq CEO Andrew Hall called IDEX “a leading provider of fingerprint identification technologies,” highlighting its activities in consumer devices, payments and access control. “Nasdaq applauds IDEX Biometrics’ culture of developing trustworthy and honest partnerships with your customers and their members.”
On behalf of IDEX, Vince Graziani highlighted his company’s work in biometric payment cards – an area of major focus for the company – as well as hardware wallets for digital currency, which he called “Great opportunity for IDEX and fingerprint biometrics in general”.
Graziani concluded his remarks by stating that IDEX is “excited and proud to be part of the Nasdaq family of leading technology companies”.
IDEX’s participation in the ceremony came a week after the company announced its search for a new CFO. Current CFO, Derek D’Antilio, will step down on April 23, after accepting a position at another company.
April 8, 2021 – by Alex Perala