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poLight ASA Announces Strategic Investment and Annual Meeting

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poLight ASA Announces Strategic Investment and Annual Meeting

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poLight ASA ( (DE:3OL0) ) just unveiled an announcement.

poLight ASA has announced its annual general meeting set for May 21, 2025, where shareholders will address several key issues, including a strategic investment agreement with Q Technology. This agreement involves a directed share issue and a potential subsequent offering, which could significantly impact poLight’s market position by expanding its shareholder base and enhancing its strategic partnerships.

More about poLight ASA

poLight ASA is a company specializing in advanced tunable optics technology, utilizing its proprietary polymer and piezo MEMS technology. Founded in 2005, poLight’s flagship product, TLens®, mimics the human eye’s autofocus capabilities and is used in various applications including AR/MR devices, smartphones, wearables, webcams, industrial barcode scanners, machine vision systems, and healthcare. The company holds over 160 patents and is headquartered in Tønsberg, Norway, with a global presence across several countries.

YTD Price Performance: -23.00%

Average Trading Volume: 1,465

Technical Sentiment Signal: Buy

Current Market Cap: €40.85M

For a thorough assessment of 3OL0 stock, go to TipRanks’ Stock Analysis page.

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