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MetaOptics Ltd :ALLOTMENT AND ISSUANCE OF PLACEMENT SHARESPLACEMENT OF AGGREGATE OF 6.7 MILLION NEW ORDINARY SHARES
MetaOptics Ltd. will unveil five new metalens-powered consumer electronics at CES 2026, including a 5G smartphone, AI smart glasses, a pico projector, and enhanced image sharpening technology. These innovations highlight the company's commitment to advancing metalens technology and setting new industry standards. The event will take place in Las Vegas from January 6-9, 2026.
MetaOptics Ltd is raising $4.85 million through a share placement to expand its metalens production capacity. The funds will support the company's capital base and operational needs, including customer demand for its glass-based metalens products. The placement will aid applications in consumer devices, automotive systems, and industrial uses. MetaOptics will continue using its laser and lithography platforms for prototyping and production, with further updates on the placement to be provided later.
MetaOptics Ltd announces a strategic share placement to raise S$4.85 million by issuing 6,685,028 new shares at S$0.7255 each. The funds will strengthen the company's financial position, support global customer orders, and enhance working capital. This move reflects growing interest in metalens technology, with participation from new and existing investors. The capital will aid MetaOptics in scaling its glass-based metalens solutions across various high-growth markets.
MetaOptics Ltd :PROPOSED PLACEMENT OF AN AGGREGATE OF 6,685,028 NEW ORDINARY SHARES IN THE CAPITAL OF THE COMPANYPLACEMENT AT A PRICE OF S$0.7255 PER SHARE