MetaOptics, which was listed on the SGX just two months ago, is eyeing a dual listing on the Nasdaq, so as to tap a diversified base of shareholders and investors in the US.
By doing so, it can then have greater flexibility to access the capital markets in the North America region to raise funds and do M&A.
"With a wider and more diversified shareholder base, the company also hopes to improve the trading liquidity of its securities on its trading platforms," says MetaOptics.
MetaOptics' all-placement shares were sold at 20 cents. It closed at 53 cents on Nov 14.
