SGX:9MT

6 stories mentioning SGX:9MTUpdated 7d ago

Every FINWIRES story that references SGX:9MT, newest first.

MetaOptics to Issue 3 Million ADS for Proposed Nasdaq Listing

MetaOptics (SGX:9MT) will issue 3 million American depository shares at between $5 and $7 apiece for its proposed Nasdaq Capital Market listing, according to a Wednesday filing with the Singapore Exchange.Based on the amended F-1 form filed with the U.S. SEC, up to 450,000 additional ADS may be issued in case of overallotment.Roth Capital Partners and The Benchmark Company were nominated as underwriters.The Singaporean semiconductor optics company said proceeds will be used for product development, strategic partnerships and potential acquisitions.

SGX:9MT

Asia14d ago

Singapore Shares Incur Losses as US-Iran Conflict Heats Up Again; Resources Global Development Up 9%

Singapore shares shed more than 1% at the close of market on Thursday, tracking regional losses, with investor sentiment taking a hit following the resumption of hostilities between the US and Iran.The Straits Times Index (STI), a key benchmark for the Singapore Exchange, ranged between 5,064.20 and 5,112.09 throughout the day. It ended the session at 5,067.53, down 70.71 points or 1.4% compared to Wednesday's close.On the corporate front, shares of Resources Global Development (SGX:V7R) surged over 9% at the close as it outlined plans to subscribe to its pro-rata entitlement of around 111.8 million shares in Indonesia-listed PT Singaraja Putra (IDX:SINI) for around SG$40 million.The Assembly Place (SGX:TAP) closed over 2% lower after it signed a joint venture agreement with three partners to operate serviced apartments in Tanglin Road, Singapore.Meanwhile, shares of MetaOptics (SGX:9MT) were down nearly 2% despite the semiconductor company confirming the proposed dual listing on the Nasdaq Stock Market to be on track.

^STISGX:9MTSGX:TAPSGX:V7R

Asia15d ago

MetaOptics On Track for Nasdaq Listing; Shares Down 3%

MetaOptics' (SGX:9MT) proposed dual listing on the Nasdaq Stock Market remains on track, according to a Wednesday filing with the Singapore Exchange.Shares of the semiconductor optics company slid over 3% during Thursday trading.The company has received an SGX listing and quotation notice for the new shares tied to the Nasdaq listing, with the new shares to be placed out by July 31, in compliance with bourse directives.

SGX:9MT

Asia31d ago

MetaOptics Files Amended Application for Nasdaq Listing; Shares Up 3%

MetaOptics (SGX:9MT) submitted an amended registration statement on form F-1 as part of its listing on the Nasdaq Stock Exchange, according to a Tuesday filing with the Singapore Exchange.The amended registration reflects the number of American depository shares to be offered and the ratio of each share to the number of underlying shares currently traded on the Singapore bourse.Shares of the advanced metalens manufacturing company were up over 3% in Tuesday trading.

SGX:9MT

Asia45d ago

MetaOptics Files for Nasdaq Listing via ADS Offering

MetaOptics (SGX:9MT) filed a Form F-1 registration statement with the U.S. Securities and Exchange Commission for a proposed initial public offering of American Depository Shares (ADS).The number of ADS to be offered and the price range of the proposed offering are yet to be determined, according to a Tuesday filing with the Singapore Exchange.The offering will be made only via a prospectus, the filing added.

SGX:9MT

Asia57d ago

MetaOptics Secures Design, Evaluation Orders; Shares Up 3%

MetaOptics (SGX:9MT) said it had secured design and evaluation orders for its metalenses and modules from a consumer electronics company based in South Korea, according to a Wednesday filing with the Singapore Exchange.Shares of the advanced metalens manufacturing company were up nearly 3% in Thursday trading.Following successful testing, the company is coordinating with the customer to help with its product launch cycle.Meanwhile, the company has also submitted a prototyping and production proposal to a European technology firm for its automatic metalens tester.

SGX:9MT

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