OmniLit updates trust investment, amends non-redemption deal, may adjourn meeting again

SYNTEC OPTICS HOLDINGS, INC.

Trust funds will continue in U.S. government securities ≤185 days or Treasury-only money market funds.
Company will not use trust funds to pay excise taxes on redemptions, contingent on Extension approval.
Non-redemption agreement amended: removes minimum 60,000 public shares for participation.
Due to current redemptions, meeting may need further adjournment unless shareholders reverse redemptions; net tangible assets must stay ≥$5,000,001.
Deadline for shareholders to submit or reverse redemption elections is Dec 19, 2022 at 5:00 PM EST.

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