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poLight ASA Launches Subsequent Share Offering

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poLight ASA Launches Subsequent Share Offering

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An announcement from poLight ASA ( (DE:3OL0) ) is now available.

poLight ASA has initiated a subsequent offering of up to 19,122,933 new shares at NOK 2.69 per share, with subscription rights allocated to primary insiders and their associates. This move is part of a strategic effort to strengthen the company’s financial position, potentially impacting its market presence and stakeholder interests positively.

More about poLight ASA

poLight ASA, listed on the Oslo Stock Exchange, is a technology company specializing in patented tunable optics technology. Their flagship product, TLens®, mimics the human eye experience in autofocus cameras, enhancing performance in devices like smartphones, wearables, 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: 560,678

Current Market Cap: NOK713.5M

See more data about 3OL0 stock on TipRanks’ Stock Analysis page.

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