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poLight ASA ( (DE:3OL0) ) has issued an announcement.
poLight ASA recently concluded a subsequent offering of 19,122,933 new shares, which was oversubscribed with 35,423,252 valid subscriptions from 1,500 subscribers. The offering raised gross proceeds of NOK 51,440,689.77, and the new shares are expected to commence trading on the Oslo Stock Exchange around 9 July 2025, potentially strengthening the company’s financial position and market presence.
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 experience in autofocus cameras. This technology is used in smartphones, wearables, barcode scanners, machine vision systems, and medical equipment, offering benefits like fast focus, small size, low power consumption, and constant field of view. The company is based in Tønsberg, Norway, with a global presence including employees in Finland, France, UK, US, China, Taiwan, Japan, and the Philippines.
Average Trading Volume: 551,872
Current Market Cap: NOK725.1M
For an in-depth examination of 3OL0 stock, go to TipRanks’ Overview page.