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poLight ASA ( (DE:3OL0) ) has provided an announcement.
poLight ASA announced the conclusion of its subsequent offering of up to 19,122,933 new shares, with the subscription period ending on 27 June 2025. This offering is part of the company’s efforts to strengthen its financial position and expand its market presence, potentially impacting its stakeholders by enhancing its operational capabilities and competitive standing in the optics technology industry.
More about poLight ASA
poLight ASA, listed on the Oslo Stock Exchange, specializes in tunable optics technology with its flagship product, TLens®, which enhances autofocus capabilities in devices such as smartphones, wearables, and medical equipment. The company is headquartered in Tønsberg, Norway, and operates globally with employees in several countries including Finland, France, the UK, the US, China, Taiwan, Japan, and the Philippines.
Average Trading Volume: 551,872
Current Market Cap: NOK725.1M
Learn more about 3OL0 stock on TipRanks’ Stock Analysis page.