Arbitration decision in favour of IDEX Biometrics
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IDEX Biometrics ASA won an arbitration case against Zwipe AS over a warranty dispute concerning unpaid receivables. The dispute amount was approximately NOK 7.1 million.
January 28, 2025 | 9:15 am
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IDEX Biometrics ASA has won an arbitration case against Zwipe AS, resolving a warranty dispute over unpaid receivables amounting to NOK 7.1 million.
The arbitration decision in favor of IDEX Biometrics resolves a financial dispute, potentially improving the company's financial position and investor sentiment. The resolution of a NOK 7.1 million receivable dispute is significant for the company's cash flow and legal standing.
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RELEVANCE 100