MetaOptics has raised gross proceeds of $4.85 mil following the allotment and issuance of 6.68 million shares.
Following completion of the proposed placement, the total issued and paid-up share capital of MetaOptics has increased from 235,963,232 shares to 242,648,260 shares.
The placement shares are expected to be listed and quoted on the Catalist Board of the SGX-ST with effect from 9:00 a.m. on or around Dec 19, 2025.
MetaOptics has also said in a year end update that it will provide updates and release announcements relating to the proposed NASDAQ listing as may be appropriate from time to time.
The company says that its latest device prototypes and Generation-2 products are nearing completion for CES 2026.
Sales of metalens equipment, metalenses, and modules have exceeded expectations and outperformed 2024, with strong bookings expected for 2026 driven by Generation-1 products. Generation-2 products, including rectangular metalenses, metalens module assembly tools, and 5G smart device solutions.
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Shares in MetaOptics closed 4 cents higher or 3.226% up at $1.28 on Dec 17.
