MetaOptics Announces Intention to Seek Dual Listing on the NASDAQ Stock Market

Core Viewpoint - MetaOptics Ltd is proposing a dual listing on the NASDAQ stock exchange to enhance trading opportunities and access to a broader investor base in the USA [1][2]. Group 1: Rationale for NASDAQ Listing - The Proposed NASDAQ Listing aims to provide an additional platform for trading the Company's securities, allowing access to a diversified base of institutional and private investors in the USA [2]. - This listing is expected to improve the Company's flexibility in accessing capital markets in North America for fundraising and strategic investments, including potential mergers and acquisitions [2]. - A wider shareholder base is anticipated to enhance the trading liquidity of the Company's securities [2]. Group 2: Strategic Opportunities - The Proposed NASDAQ Listing is seen as an opportunity to strengthen the Group's metalens design and fabrication capabilities in the USA [3]. - Proximity to key customers in the USA is expected to support the advancement of next-generation optical technologies across various sectors [3]. Group 3: Preparatory Work - The Company is in the process of appointing professional advisers, including a lead underwriter, legal adviser, and external auditor, for the Proposed NASDAQ Listing [4]. - Preparatory work is ongoing, and no formal application has been submitted to NASDAQ or regulatory authorities yet [4]. Group 4: Company Overview - MetaOptics Ltd is a semiconductor optics company specializing in glass-based metalens solutions enhanced by AI-driven image processing [6]. - The Company utilizes advanced optical design and a scalable 12-inch DUV lithography process to support applications in various emerging markets, including CPO, mobile, AR VR, and automotive [6].