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An announcement from poLight ASA ( (DE:3OL0) ) is now available.
poLight ASA has resolved to carry out a Subsequent Offering following a strategic investment agreement with Q Technology, issuing up to 19,122,933 new shares at NOK 2.69 per share. This move, conditional on the approval of a prospectus by the Norwegian Financial Supervisory Authority, aims to enhance the company’s capital structure and market positioning.
More about poLight ASA
poLight ASA, listed on the Oslo Stock Exchange, specializes in patented tunable optics technology. Their flagship product, TLens®, mimics the human eye experience in autofocus cameras used in smartphones, wearables, barcode scanners, machine vision systems, and medical equipment. 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: 555,876
Current Market Cap: NOK831.5M
For detailed information about 3OL0 stock, go to TipRanks’ Stock Analysis page.