Oslo, Norway - 14 February 2025
Reference is made to the stock exchange announcement published by Zwipe AS (the
"Company") on 28 January 2025 regarding the discussions which were not unlikely
to provide the Company with necessary financing to avoid insolvency.
The board has today concluded that these discussions have been terminated
without a positive result. Therefore, the board is currently assessing the
Company's financial situation and whether there is a basis for further
operations.
This information is considered to be inside information pursuant to the EU
Market Abuse Regulation (MAR) and is subject to the disclosure requirements
pursuant to MAR article 17 and section 5-12 of the Norwegian
Securities Trading Act.
This stock exchange release was published by Hugo Petit, CFO, on 14 February
2025 at 19.00 CET.
For further information contact:
Robert Puskaric, CEO of Zwipe E-mail: ir@zwipe.com
This information is information that Zwipe AS is obligated to make public
pursuant to the continuing obligations of companies admitted to trading on
Euronext Growth Oslo (Euronext Growth Oslo Rule Book - Part II) and on Nasdaq
First North Growth Market. Certified Adviser on Nasdaq First North is FNCA
Sweden AB, info@fnca.se. The information was submitted for publication, through
the agency of the contact person set out below, at 07:00 CET on 20 January 2025.
About Zwipe
Zwipe believes the inherent uniqueness of every person is the key to a safer
future. We work with great passion across networks of international
organizations, industries and cultures to make convenience safe and secure. We
are pioneering next-generation biometric card and wearables technology for
payment and physical & logical access control and identification solutions. We
promise our customers and partners deep insight and frictionless solutions,
ensuring a seamless user experience with our innovative biometric products and
services. Zwipe is headquartered in Oslo, Norway, with a global presence.
To learn more, visit:
http://www.zwipe.com