other material
confidence high
sentiment positive
materiality 0.70
Syntec Optics completes SPAC merger with OmniLit; starts trading on Nasdaq as OPTX
SYNTEC OPTICS HOLDINGS, INC.
- Business combination closed Nov 7, 2023; common stock and warrants begin trading on Nasdaq Nov 8 under OPTX and OPTXW.
- Over 99.9% of shareholder votes at OmniLit's Oct 31 special meeting approved the deal.
- Combined company continues to be led by CEO Joe Mohr and existing Syntec management team.
- Company highlighted recent product launches: Low Earth Orbit satellite optics and lightweight night vision goggle optics.