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poLight ASA ( (DE:3OL0) ) has issued an update.
poLight ASA has successfully registered a share capital increase following a subsequent offering, where over 19 million new shares were subscribed at NOK 2.69 each. This development is expected to enhance the company’s financial standing and potentially improve its market position, as the new shares will soon be available to subscribers, reflecting poLight’s ongoing growth and expansion efforts.
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’s autofocus capabilities. This technology is used in various devices, including smartphones, wearables, and medical equipment, offering benefits such as fast focus and low power consumption. The company is headquartered in Tønsberg, Norway, with a global presence in several countries.
YTD Price Performance: -21.40%
Average Trading Volume: 535,671
Current Market Cap: NOK728M
See more data about 3OL0 stock on TipRanks’ Stock Analysis page.