MetaOptics launches IPO at $0.20 per share
It is expected to raise $6m in gross proceeds.
MetaOptics Ltd, a Singapore-based semiconductor optics firm, issued an offer to sell 30 million placement shares at $0.20 per share in its initial public offering (IPO).
It intends to raise gross proceeds of $6m which the group intends to use for product development, research and development, and strategic partnerships; business expansion through organic growth, mergers and acquisitions, joint ventures and/or strategic partnerships; and working capital and general corporate purposes.
The trading of its shares is expected to commence on a "ready" basis on 9 September 2025. ZICO Capital is the sponsor, issue manager, and placement agent for the IPO.