Syntec Optics prices $20M public offering of 2.86M shares at $7.00 per share

SYNTEC OPTICS HOLDINGS, INC.

Underwritten offering of 2,857,142 shares at $7.00 per share; gross proceeds ~$20M; closing April 30, 2026.
H.C. Wainwright & Co. is sole book-runner; 30-day option for up to 428,571 additional shares at same price.
Net proceeds to be used for acquisitions/investments in complementary businesses, working capital, capex, and potential debt repayment including $1.27M subordinated note to majority stockholder.
Underwriting discount 6.0% of gross proceeds; expense reimbursement up to $25,000; 90-day lock-up for company, officers, and directors.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

SYNTEC OPTICS HOLDINGS, INC. entered into Underwriting Agreement with H.C. Wainwright & Co., LLC valued at Purchased 2,857,142 shares at $6.58 per share; aggregate gross proceeds approximately $20 million (effective 2026-04-28).

Action: entry
Agreement: underwriting
Counterparty: H.C. Wainwright & Co., LLC
Value: Purchased 2,857,142 shares at $6.58 per share; aggregate gross proceeds approximately $20 million
Effective: 2026-04-28

Exact text from the filing

On April 28, 2026, Syntec Optics Holdings, Inc. (the “ Company ”) entered into an underwriting agreement (the “ Underwriting Agreement ”) with H.C. Wainwright & Co., LLC (the “ Representative ”), as the representative of the underwriters named therein (the “ Underwriters ”), relating to an underwritten public offering (the “ Offering ”) of 2,857,142 shares (the “ Shares ”) of the Company’s common stock, par value $0.0001 per share (“ Common Stock ”).

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SYNTEC OPTICS HOLDINGS, INC. filing history →

Source: SEC EDGAR

accession 0001493152-26-019769

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