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The latest announcement is out from poLight ASA ( (DE:3OL0) ).
poLight ASA has announced the approval of a prospectus by the Norwegian Financial Supervisory Authority for the listing of new shares on the Oslo Stock Exchange as part of a strategic investment agreement with Q Technology. The company aims to raise significant capital through a private placement and a subsequent offering, enhancing its financial position and market presence.
More about poLight ASA
poLight ASA, listed on the Oslo Stock Exchange, specializes in tunable optics technology with its flagship product, TLens®, which mimics the human eye experience in autofocus cameras. This technology is used in smartphones, wearables, barcode scanners, machine vision systems, and medical equipment, offering benefits such as fast focus, small size, no magnetic interference, low power consumption, and a constant field of view. The company is headquartered in Tønsberg, Norway, with a global presence including Finland, France, UK, US, China, Taiwan, Japan, and the Philippines.
Average Trading Volume: 554,467
Current Market Cap: NOK781.2M
See more insights into 3OL0 stock on TipRanks’ Stock Analysis page.