Bio-key international enters into $1.9 million warrant inducement

Holmdel, n.j., sept. 12, 2024 (globe newswire) -- bio-key® international, inc. (nasdaq: bkyi), an innovative provider of workforce and customer identity and access management (iam) solutions featuring identity-bound biometrics (ibb) for phoneless, tokenless, passwordless and phish-resistant authentication experiences, today announced it has entered into a warrant inducement agreement with an existing institutional investor for the immediate exercise of certain outstanding warrants that the company issued on october 30, 2023.
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