Next Biometrics Plans Bankruptcy Petition Filing on October 12, 2026
Next Biometrics Group ASA’s board resolved to prepare a bankruptcy petition for filing on October 12, 2026, after the company said it intended to file for bankruptcy. The company also reported that its annual operating-cost run rate had been reduced from approximately NOK 73 million at the start of 2026 to approximately NOK 41 million. The planned filing had not yet occurred as of October 9, 2026.
The provided Reuters item explicitly states that Next Biometrics Group ASA’s board resolved to prepare a bankruptcy petition for filing on 12 October 2026 and expressed an intention to file for bankruptcy. This is a new, forward-looking financial-distress development with potentially severe implications for the company’s operating continuity, creditors, and equity holders. The reduction in annual operating-cost run rate from approximately NOK 73 million to NOK 41 million is relevant supporting context but does not constitute a separate development here. The filing date is explicit, although no filing time is provided, so the timestamp uses midnight UTC as a date-level representation. The other listed companies are only indirect or speculative potential beneficiaries and are not approved as stakeholders because no direct customer transfer, contract, or other concrete causal impact is disclosed.
BOARD RESOLVES TO PREPARE BANKRUPTCY PETITION TO BE FILED ON 12 OCTOBER 2026
INTENTION TO FILE FOR BANKRUPTCY
ANNUAL OPERATING COST RUN RATE HAS BEEN REDUCED FROM APPROXIMATELY NOK 73 MILLION (1 JANUARY 2026) TO APPROXIMATELY NOK 41 MILLION