secwatch.observer — SEC 8-K summary
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Issuer:     SYNTEC OPTICS HOLDINGS, INC. (OPTX)
CIK:        0001866816
Form:       8-K
Filed at:   2021-11-12T23:59:59+00:00
Accession:  0001493152-21-028178
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 3.02, 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

OmniLit Acquisition Corp. closes $143.75M IPO; $146.6M deposited in trust
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- IPO of 14,375,000 units at $10/unit, including full exercise of over-allotment option; gross proceeds $143.75M.
- Net proceeds of $146.6M from IPO and private placement deposited into trust account for public stockholders.
- Private placement of 6,920,500 warrants at $1.00 each raised $6.92M from sponsor and underwriters.
- Units began trading on Nasdaq on Nov 9 under ticker OLITU; each unit is 1 share Class A + 1/2 warrant.
- SPAC to focus on business combination targets in advanced manufacturing, optics, and photonics.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1866816/000149315221028178/0001493152-21-028178-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1866816/000149315221028178/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-21-028178

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer