NEXT Biometrics announces plan to file for bankruptcy on 12 October

The Norwegian fingerprint-sensor maker says it can no longer assume it will continue as a going concern after its financing fell through and the sale of its legacy business did not materialise. The board is preparing a bankruptcy petition that it intends to file with the competent district court on 12 October 2026. Annual operating costs had previously been cut from about NOK 73m to about NOK 41m, and the company says it will keep assessing alternatives until the filing. The release gives no figure for affected staff (NEXT Biometrics, Oslo Børs filing, 9 Oct 2026). Update (13 Oct 2026): On 12 Oct 2026 the board resolved that the parent and its subsidiary NEXT Biometrics AS file for bankruptcy; the petitions go to Oslo District Court and a trustee will be appointed, as no new financing materialised (NEXT Biometrics, Oslo Børs filing, 12 Oct 2026).