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Mandatory notice of shareholding 19 June 2025
Mandatory notice of shareholding 19 June 2025

Yahoo

time18 hours ago

  • Business
  • Yahoo

Mandatory notice of shareholding 19 June 2025

IDEX Biometrics ASA ('IDEX') discloses the following on behalf of a shareholder. Reference is made to the stock exchange notice from IDEX Biometrics ASA on 15 June 2025 regarding the share issue to personnel, and the notice regarding mandatory notification of trades on 20 June 2025. The subscription and allocation have been completed on 19 June 2025. Anders Storbråten, including associated company Pinchcliffe AS, will hold 975,635,000 shares in IDEX. Following registration of the share capital increase for the personnel placement, the ownership will represent 20.62 % of the shares and voting rights in IDEX. About this notice: This notice was issued by Kristian Flaten, CFO, on 20 June 2025 at 04:22 CET on behalf of IDEX Biometrics ASA. The information shall be disclosed according to section 4-2 of the Norwegian Securities Trading Act (STA) and published in accordance with section 5-12 of the in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

IDEX Biometrics ASA: Mandatory notification of trades
IDEX Biometrics ASA: Mandatory notification of trades

Yahoo

time20 hours ago

  • Business
  • Yahoo

IDEX Biometrics ASA: Mandatory notification of trades

Reference is made to the stock exchange notice from IDEX Biometrics ASA on 15 June 2025 regarding the share issue to personnel. The subscription and allocation have been completed on 19 June 2025. IDEX Biometrics ASA informs of primary insider transactions as listed in the attached notifications. For further information contact: Kristian Flaten, CFO, Tel: +47 95092322 E-mail: ir@ About this notice: This notice was issued by Kristian Flaten, CFO, on 20 June 2025 at 04:00 CET on behalf of IDEX Biometrics ASA. This information is subject to the disclosure requirements pursuant to Article 19 of the EU Market Abuse Regulation and Section 5-12 of the Norwegian Securities Trading Act. Attachments 2025-06-19 Annika Olsson notice 2025-06-19 Morten Opstad notice 2025-06-19 K Konsult notice 2025-06-19 Caprock notice 2025-06-19 Anders Storbraten noticeError in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Topgolf competitor nearing bankruptcy after ambitious growth plans
Topgolf competitor nearing bankruptcy after ambitious growth plans

Daily Mail​

time3 days ago

  • Business
  • Daily Mail​

Topgolf competitor nearing bankruptcy after ambitious growth plans

A major name in the 'eatertainment' space is preparing to file for bankruptcy. Pinstripes — the upscale chain that combines bowling alleys, bocce courts and a full bistro menu — is readying paperwork to file for Chapter 11. With fire pits and Adirondack chairs, it once positioned itself as a stylish alternative to Topgolf or Dave & Buster's. Pizzas range from $19 to $26 at certain locations, while prime rib sandwiches cost around $21. Restaurant-goers can rent a bowling alley for $20 to $80, depending on the venue's daily popularity. The company operates 18 massive venues across the U.S., each spanning up to 38,000 square feet and capable of hosting up to 1,500 guests. Pinstripes plans to stay open as the bankruptcy process moves through the courts, according to Bloomberg. But the report marks the latest blow for a company that once touted 'rapid growth' across the US, according to its website. During its February earnings call, the company posted an $8 million loss while seeing a 7.7 percent decrease in sales. Then, in March, the company was delisted from the New York Stock Exchange after it failed to hit a $15 million market cap for 30 straight days. It spent just over a year as a publicly traded company. After the delisting, the company received $7.5 million in financing. But it traded away 85 percent of its shares in exchange. Pinstripes didn't immediately respond to request for comment. If the bankruptcy goes through, Pinstripes wouldn't be alone. Several household-name restaurants have announced bankruptcy filings, mass closures, and staff cuts in a difficult restaurant environment. Red Lobster, Hooters, TGI Fridays, On The Border, Roti, and Bertucci's — all restaurants that catered to middle-income Americans, have all filed for bankruptcy in the past year. The restaurants are largely facing two major strains: increased costs and lower customer traffic. Monthly inflation rates have cooled to just above the Federal Reserve's target of 2 percent, after peaking at over 9 percent in 2022. But baked-in food inflation has made running a restaurant significantly more expensive.

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