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Iceycoke Senior	17-Aug-2026 15:22        Iceycoke About Contact  Quote this Post!
x 0   x 0  Alert Admin	I would rather the company to look at listing in HK instead of US. Those who knows that US is closing their doors for Asia companies. Sgvale      ( Date: 17-Aug-2026 13:05) Posted: In no time will said resume Nasdaq listing
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Sgvale Supreme	17-Aug-2026 13:05        Sgvale About Contact  Quote this Post!
x 0   x 0  Alert Admin	In no time will said resume Nasdaq listing
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Sgvale Supreme	17-Aug-2026 11:11        Sgvale About Contact  Quote this Post!
x 0   x 0  Alert Admin	0.53 can start buying now. Joelton      ( Date: 12-Aug-2026 11:35) Posted: MetaOptics H1 revenue grows by nearly six times company on track to fill orders in H2 [SINGAPORE] MetaOptics : 9MT 0%, which listed on the Catalist board of the Singapore Exchange (SGX) in September 2025, posted revenue of S$600,000 for the six months ended Jun 30 &ndash up nearly six times from the year before, and equivalent to about 79 per cent of its entire revenue for the previous full year. The S$600,000 for H1 came close to the S$800,000 that the company generated in the whole of FY2025. MetaOptics attributed the jump to sustained commercial traction since it delivered its inaugural full-year results as a listed company, having raised S$6 million through a placement of 30 million shares at S$0.20 apiece at its initial public offering (IPO) last September, it said in a bourse filing on Tuesday (Aug 11). It is the first pure-play metalens company to list publicly, and one of the newer names on the Catalist board. The results come days after MetaOptics pulled the plug on its proposed Nasdaq dual listing. The company first announced its plan for a dual listing on Nasdaq via American depositary shares in November 2025. It progressed to filing a Form F-1 registration statement with the US Securities and Exchange Commission in May 2026, followed by amended filings. In June 2026, it received a revised SGX listing and quotation notice covering more than 121 million new shares. On Aug 7, MetaOptics notified Nasdaq of its withdrawal from the listing process. Executive chairman Thng Chong Kim cited geopolitical uncertainty, volatility in technology stock valuations, ongoing technological disruption and the need for certainty over capital expenditure as reasons for not proceeding &ldquo at this stage&rdquo . The company said it may revisit the plan for the dual listing when market conditions are more supportive it also said that the withdrawal would not have a material impact on its net tangible assets per share or earnings per share for the current financial year, aside from the professional fees already incurred. Those professional fees show up in H1 2026&rsquo s net loss. The group&rsquo s net loss for the period was driven mainly by S$1.7 million in the fees and S$500,000 in non-cash items including depreciation, amortisation and finance expenses. Excluding these one-off and non-cash items, the underlying net loss would have been at about S$1.8 million, the company said. Order backlog supports growth MetaOptics said its growth is underpinned by an order backlog for its metalens production equipment, with deliveries scheduled over the next six to 12 months. Planned deliveries for the second half of the year remain on track, giving the group revenue visibility into the financial year ending Dec 31, 2027. The company also pointed to a broadening customer pipeline, with discussions ongoing at various stages of sampling, qualification and evaluation, and commercial negotiation with multinational customers. It has advanced partnerships covering equipment subsystems, wafer-level optics fabrication and mass production capacity on its four-inch and 12-inch direct laser writer platforms, aimed at shortening lead times and improving yields. MetaOptics said commercial engagement continues to grow in three key growth vectors, with a rising number of non-disclosure agreements signed and more requests for information and quotations from major global technology companies received. In co-packaged optics, the group&rsquo s 0.1 mm diameter metalens designs are drawing interest from industry leaders for mass production, it said. MetaOptics said its proprietary processes, built on a scalable 12-inch deep ultraviolet lithography platform, position it to fabricate such metalenses at scale. The group has also completed the design of a 12-megapixel colour imaging titanium dioxide metalens for a major global technology company. A prototype in progress, and its five-megapixel colour module is producing what it described as exceptionally clear images. On production equipment, MetaOptics said its 12-inch metalens automatic testers are in strong demand from leading global semiconductor and consumer technology firms. It added that it was the first to develop and produce a metalens tester, and has received requests for its direct laser writer platforms from technology companies, universities and research institutions. The group said it remains well-capitalised, with cash and cash equivalents of about S$5.5 million as at Jun 30, which it said would support fulfilment of its equipment purchase orders and the scaling of its metalens fabrication processes towards mass production. Shares of MetaOptics last traded 10.4 per cent or S$0.055 lower at S$0.48 on Tuesday, ahead of the announcement.
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Joelton Supreme	12-Aug-2026 12:26        Joelton About Contact  Quote this Post!
x 0   x 0  Alert Admin	MetaOptics shares down 11.3% after it defers US dual-listing plans [SINGAPORE] Shares of MetaOptics : 9MT 0% plunged as much as 24.5 per cent on Tuesday (Aug 11), the first day of trading after it said it was deferring its plans for a US dual-listing. That, and a withdrawal of its Nasdaq listing application, comes amid a backdrop of geopolitical uncertainty, recent whiplash in technological stocks&rsquo price performances and ongoing technological disruption, it said on Friday. Still, MetaOptics&rsquo executive chairman Thng Chong Kim noted that dual listing is still part of the company&rsquo s strategic plan and aligns with its focus towards its key market and customers in the US. Shares of MetaOptics fell to as low as S$0.40 within the first 15 minutes of market open on Tuesday, retreating S$0.13. The counter pared some losses by midday to be 11.3 per cent or S$0.06 down at S$0.47. The Catalist-listed company launched its initial public offering at S$0.20 a share and started trading in Singapore in September 2025. In November, it had said that a Nasdaq listing would enable it to gain access to a diversified pool of investors and improve the trading liquidity of its securities. It is also the only company in Singapore developing single-layered glass lenses termed &ldquo metalenses&rdquo , which can replace multi-layer plastic lenses. Through this, the thickness and weight of camera modules can be greatly lowered, while durability and colour accuracy is enhanced.
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Joelton Supreme	12-Aug-2026 11:35        Joelton About Contact  Quote this Post!
x 0   x 0  Alert Admin	MetaOptics H1 revenue grows by nearly six times company on track to fill orders in H2 [SINGAPORE] MetaOptics : 9MT 0%, which listed on the Catalist board of the Singapore Exchange (SGX) in September 2025, posted revenue of S$600,000 for the six months ended Jun 30 &ndash up nearly six times from the year before, and equivalent to about 79 per cent of its entire revenue for the previous full year. The S$600,000 for H1 came close to the S$800,000 that the company generated in the whole of FY2025. MetaOptics attributed the jump to sustained commercial traction since it delivered its inaugural full-year results as a listed company, having raised S$6 million through a placement of 30 million shares at S$0.20 apiece at its initial public offering (IPO) last September, it said in a bourse filing on Tuesday (Aug 11). It is the first pure-play metalens company to list publicly, and one of the newer names on the Catalist board. The results come days after MetaOptics pulled the plug on its proposed Nasdaq dual listing. The company first announced its plan for a dual listing on Nasdaq via American depositary shares in November 2025. It progressed to filing a Form F-1 registration statement with the US Securities and Exchange Commission in May 2026, followed by amended filings. In June 2026, it received a revised SGX listing and quotation notice covering more than 121 million new shares. On Aug 7, MetaOptics notified Nasdaq of its withdrawal from the listing process. Executive chairman Thng Chong Kim cited geopolitical uncertainty, volatility in technology stock valuations, ongoing technological disruption and the need for certainty over capital expenditure as reasons for not proceeding &ldquo at this stage&rdquo . The company said it may revisit the plan for the dual listing when market conditions are more supportive it also said that the withdrawal would not have a material impact on its net tangible assets per share or earnings per share for the current financial year, aside from the professional fees already incurred. Those professional fees show up in H1 2026&rsquo s net loss. The group&rsquo s net loss for the period was driven mainly by S$1.7 million in the fees and S$500,000 in non-cash items including depreciation, amortisation and finance expenses. Excluding these one-off and non-cash items, the underlying net loss would have been at about S$1.8 million, the company said. Order backlog supports growth MetaOptics said its growth is underpinned by an order backlog for its metalens production equipment, with deliveries scheduled over the next six to 12 months. Planned deliveries for the second half of the year remain on track, giving the group revenue visibility into the financial year ending Dec 31, 2027. The company also pointed to a broadening customer pipeline, with discussions ongoing at various stages of sampling, qualification and evaluation, and commercial negotiation with multinational customers. It has advanced partnerships covering equipment subsystems, wafer-level optics fabrication and mass production capacity on its four-inch and 12-inch direct laser writer platforms, aimed at shortening lead times and improving yields. MetaOptics said commercial engagement continues to grow in three key growth vectors, with a rising number of non-disclosure agreements signed and more requests for information and quotations from major global technology companies received. In co-packaged optics, the group&rsquo s 0.1 mm diameter metalens designs are drawing interest from industry leaders for mass production, it said. MetaOptics said its proprietary processes, built on a scalable 12-inch deep ultraviolet lithography platform, position it to fabricate such metalenses at scale. The group has also completed the design of a 12-megapixel colour imaging titanium dioxide metalens for a major global technology company. A prototype in progress, and its five-megapixel colour module is producing what it described as exceptionally clear images. On production equipment, MetaOptics said its 12-inch metalens automatic testers are in strong demand from leading global semiconductor and consumer technology firms. It added that it was the first to develop and produce a metalens tester, and has received requests for its direct laser writer platforms from technology companies, universities and research institutions. The group said it remains well-capitalised, with cash and cash equivalents of about S$5.5 million as at Jun 30, which it said would support fulfilment of its equipment purchase orders and the scaling of its metalens fabrication processes towards mass production. Shares of MetaOptics last traded 10.4 per cent or S$0.055 lower at S$0.48 on Tuesday, ahead of the announcement.
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Iceycoke Senior	12-Aug-2026 10:05        Iceycoke About Contact  Quote this Post!
x 0   x 0  Alert Admin	? Furthermore, the company also noted adverse perceptions of Asian small-cap issuers arising from a pattern of extreme stock price volatility following the listings of a notable number of such issuers on Nasdaq.? This is the real reason why the company cannot go for listing. US is shutting their doors. Last year was the last chance for companies to go IPO. Joelton      ( Date: 10-Aug-2026 09:26) Posted: MetaOptics defers US dual listing on geopolitical uncertainty, market volatility [SINGAPORE] Catalist-listed MetaOptics is withdrawing its application to list on Nasdaq and deferring its plans to dual list in the US. This comes amid a backdrop of geopolitical uncertainty, recent whiplash in technological stocks&rsquo price performances and ongoing technological disruption, said the semiconductor optics company on Friday (Aug 7). MetaOptics executive chairman Thng Chong Kim noted that dual listing is still part of the company&rsquo s strategic plan, and aligns with its focus towards its key market and customers in the US. Nevertheless, he noted the need for certainty over capital expenditures and intensifying global competition for capital, as well as obligations to protect shareholder value. Prevailing geopolitical uncertainties and the resulting volatility in US capital markets has reduced the certainty and timeliness of pricing. This undermined MetaOptics&rsquo ability to meet fundraising targets and increased execution risks. The semiconductor industry is also experiencing intensifying global competition for capital, and a fast pace of technological disruption in the optics and semiconductor value chain. Furthermore, the company also noted adverse perceptions of Asian small-cap issuers arising from a pattern of extreme stock price volatility following the listings of a notable number of such issuers on Nasdaq. At present, the company said, it is channelling capital and management focus into converting its customer pipeline into purchase orders, fulfilling purchase orders and building up its metalens production capacity. It said it may revisit an international dual listing when market conditions are more supportive. The withdrawal has no bearing on its business and operations, as well as the execution of its growth plans and strategies, the company added. Shares of MetaOptics ended 2.8 per cent or S$0.015 lower at S$0.53 on Friday, before the announcement.
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huattuatua Elite	12-Aug-2026 09:21        huattuatua About Contact  Quote this Post!
x 0   x 0  Alert Admin	LOL, bro u really despise this company ar,  despite the below par earnings results, atm, still manage to eke out a 3.5 cts gains leh stockmarket is a place whereby it gives out tons of surprises esp if u r not owning it hor. Chansenghoe1971      ( Date: 11-Aug-2026 22:37) Posted: I think unlisted mama shop selling Kacang Putih provision shop makes more money than this company. Soon Taiwanese or Chinese will do lens better than them. punters will witness first hand this becomes the next blumont
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Chansenghoe1971 Elite	11-Aug-2026 22:37        Chansenghoe1971 About Contact  Quote this Post!
x 0   x 0  Alert Admin	I think unlisted mama shop selling Kacang Putih provision shop makes more money than this company. Soon Taiwanese or Chinese will do lens better than them. punters will witness first hand this becomes the next blumont
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dexterderc Senior	11-Aug-2026 21:10        dexterderc About Contact  Quote this Post!
x 0   x 0  Alert Admin	Even higher H1 loss! Lol~
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Sgvale Supreme	11-Aug-2026 15:54        Sgvale About Contact  Quote this Post!
x 0   x 0  Alert Admin	Think it is going to bounce up after news digest
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Sgvale Supreme	11-Aug-2026 09:08        Sgvale About Contact  Quote this Post!
x 0   x 0  Alert Admin	They just postpone listing. Wait shoot up again Sgvale      ( Date: 11-Aug-2026 08:35) Posted: --- Post Removed by User ---
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Joelton Supreme	10-Aug-2026 09:26        Joelton About Contact  Quote this Post!
x 0   x 0  Alert Admin	MetaOptics defers US dual listing on geopolitical uncertainty, market volatility [SINGAPORE] Catalist-listed MetaOptics is withdrawing its application to list on Nasdaq and deferring its plans to dual list in the US. This comes amid a backdrop of geopolitical uncertainty, recent whiplash in technological stocks&rsquo price performances and ongoing technological disruption, said the semiconductor optics company on Friday (Aug 7). MetaOptics executive chairman Thng Chong Kim noted that dual listing is still part of the company&rsquo s strategic plan, and aligns with its focus towards its key market and customers in the US. Nevertheless, he noted the need for certainty over capital expenditures and intensifying global competition for capital, as well as obligations to protect shareholder value. Prevailing geopolitical uncertainties and the resulting volatility in US capital markets has reduced the certainty and timeliness of pricing. This undermined MetaOptics&rsquo ability to meet fundraising targets and increased execution risks. The semiconductor industry is also experiencing intensifying global competition for capital, and a fast pace of technological disruption in the optics and semiconductor value chain. Furthermore, the company also noted adverse perceptions of Asian small-cap issuers arising from a pattern of extreme stock price volatility following the listings of a notable number of such issuers on Nasdaq. At present, the company said, it is channelling capital and management focus into converting its customer pipeline into purchase orders, fulfilling purchase orders and building up its metalens production capacity. It said it may revisit an international dual listing when market conditions are more supportive. The withdrawal has no bearing on its business and operations, as well as the execution of its growth plans and strategies, the company added. Shares of MetaOptics ended 2.8 per cent or S$0.015 lower at S$0.53 on Friday, before the announcement.
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Chansenghoe1971 Elite	08-Aug-2026 11:22        Chansenghoe1971 About Contact  Quote this Post!
x 0   x 0  Alert Admin	THE BOSS BRAG TOO MUCH BUT DELIVER TOO LITTLE. when a company releases 1 press release almost every fortnight, stay out.
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dexterderc Senior	07-Aug-2026 22:49        dexterderc About Contact  Quote this Post!
x 0   x 0  Alert Admin	Withdrawn from nasdaq listing. Lol Sgvale      ( Date: 07-Aug-2026 20:32) Posted: Any further update? SmallSmall      ( Date: 19-May-2026 08:03) Posted: One step closer to Nasdaq Dual Listing UPDATE ON THE PROPOSED DUAL LISTING ON THE NASDAQ STOCK MARKET 1. INTRODUCTION The Board of Directors (the &ldquo Board&rdquo ) of MetaOptics Ltd (the &ldquo Company&rdquo , and together with its subsidiaries, the &ldquo Group&rdquo ) refers to (i) the Company&rsquo s circular to shareholders dated 19 March 2026 (&ldquo Circular&rdquo ) and the Company&rsquo s announcements dated 17 November 2025 and 5 May 2026 (the &ldquo Proposed Dual Listing Announcements&rdquo ) regarding, among other things, the proposed dual listing of the Company&rsquo s securities on Nasdaq, which will be in the form of ADSs to be issued by the ADS Depositary (the &ldquo Proposed Nasdaq Dual Listing&rdquo ) and (ii) the Company&rsquo s announcement dated 10 April 2026 regarding the results of the Company&rsquo s extraordinary general meeting (the &ldquo EGM&rdquo ) held on the same day (the &ldquo Results of the EGM Announcement&rdquo ). Unless otherwise defined, all defined terms used in this announcement shall have the same meaning ascribed thereto in the Circular and the Proposed Dual Listing Announcements. 2. AMENDED REGISTRATION STATEMENT The Board wishes to update the Company&rsquo s shareholders (&ldquo Shareholders&rdquo ) that the Company has filed an amended registration statement on Form F-1 (the &ldquo Registration Statement&rdquo ) with the SEC on 18 May 2026 under the U.S. Securities Act to reflect, among other things, the number of ADSs to be offered and the ratio of each Offering ADS to such number of Underlying Shares. Roth Capital Partners and The Benchmark Company, LLC, are acting as representatives of the underwriters for the proposed offering. The proposed offering will be made only by means of a prospectus. Copies of the preliminary prospectus relating to this proposed offering may be obtained by visiting EDGAR on the SEC&rsquo s website at www.sec.gov. Alternatively, copies of the preliminary prospectus may be obtained from: Roth Capital Partners, 888 San Clemente Drive, Suite 400, Newport Beach, CA 92660, or by email at [email protected] or The Benchmark Company, LLC at 150 East 58th Street, 17th Floor, New York, NY 10155, or by email at [email protected]. The Registration Statement relating to these securities has been filed with the SEC but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the Registration Statement becomes effective. This announcement shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction
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Sgvale Supreme	07-Aug-2026 20:32        Sgvale About Contact  Quote this Post!
x 0   x 0  Alert Admin	Any further update? SmallSmall      ( Date: 19-May-2026 08:03) Posted: One step closer to Nasdaq Dual Listing UPDATE ON THE PROPOSED DUAL LISTING ON THE NASDAQ STOCK MARKET 1. INTRODUCTION The Board of Directors (the &ldquo Board&rdquo ) of MetaOptics Ltd (the &ldquo Company&rdquo , and together with its subsidiaries, the &ldquo Group&rdquo ) refers to (i) the Company&rsquo s circular to shareholders dated 19 March 2026 (&ldquo Circular&rdquo ) and the Company&rsquo s announcements dated 17 November 2025 and 5 May 2026 (the &ldquo Proposed Dual Listing Announcements&rdquo ) regarding, among other things, the proposed dual listing of the Company&rsquo s securities on Nasdaq, which will be in the form of ADSs to be issued by the ADS Depositary (the &ldquo Proposed Nasdaq Dual Listing&rdquo ) and (ii) the Company&rsquo s announcement dated 10 April 2026 regarding the results of the Company&rsquo s extraordinary general meeting (the &ldquo EGM&rdquo ) held on the same day (the &ldquo Results of the EGM Announcement&rdquo ). Unless otherwise defined, all defined terms used in this announcement shall have the same meaning ascribed thereto in the Circular and the Proposed Dual Listing Announcements. 2. AMENDED REGISTRATION STATEMENT The Board wishes to update the Company&rsquo s shareholders (&ldquo Shareholders&rdquo ) that the Company has filed an amended registration statement on Form F-1 (the &ldquo Registration Statement&rdquo ) with the SEC on 18 May 2026 under the U.S. Securities Act to reflect, among other things, the number of ADSs to be offered and the ratio of each Offering ADS to such number of Underlying Shares. Roth Capital Partners and The Benchmark Company, LLC, are acting as representatives of the underwriters for the proposed offering. The proposed offering will be made only by means of a prospectus. Copies of the preliminary prospectus relating to this proposed offering may be obtained by visiting EDGAR on the SEC&rsquo s website at www.sec.gov. Alternatively, copies of the preliminary prospectus may be obtained from: Roth Capital Partners, 888 San Clemente Drive, Suite 400, Newport Beach, CA 92660, or by email at [email protected] or The Benchmark Company, LLC at 150 East 58th Street, 17th Floor, New York, NY 10155, or by email at [email protected]. The Registration Statement relating to these securities has been filed with the SEC but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the Registration Statement becomes effective. This announcement shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction
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spursfan Supreme	22-Jul-2026 11:18        spursfan About Contact  Quote this Post!
x 0   x 0  Alert Admin	MetaOptics to Deploy its Direct Laser Writer at the University of Arizona&rsquo s Center of Semiconductor Manufacturing to Advance its U.S. Expansion https://links.sgx.com/1.0.0/corporate-announcements/TTQVF7IVWQTBI2O0/896976_MOT%20-%20University%20of%20Arizona%20DLW%20Deployment%20PR.pdf
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Joelton Supreme	20-Jun-2026 13:40        Joelton About Contact  Quote this Post!
x 0   x 0  Alert Admin	MetaOptics stays focused on unicorn ambition with new CEO MetaOptics (SGX:9MT) may have a new CEO, but it&rsquo s very much business as usual, says Aloysius Chua, who was appointed executive director and CEO on March 1. Mark Thng, who held both roles as executive chairman and CEO, will remain as executive chairman. According to MetaOptics&rsquo Feb 27 filing, the move is part of the group&rsquo s succession planning. &ldquo The succession is not a sudden decision. We&rsquo ve been thinking about that for a long time,&rdquo says Chua, who was deputy CEO previously and has been with the company since day one. Chua began as a project manager at MetaOptics Technologies, a wholly owned subsidiary of the company, in June 2021. He was promoted to projects director in April 2023 and appointed as deputy CEO on April 1, 2025, just months before the company&rsquo s IPO last September. According to the same filing, Chua is the nephew of Chua Chwee Lee and his wife, Jee Wee Jene. Chwee Lee is a substantial shareholder of the company, an executive director and the controlling shareholder of Metasurface Technologies and Metasurface Technologies Holdings. Jee, meanwhile, is a non-independent, non-executive director and a substantial shareholder of MetaOptics. Jee is also a director of Metasurface Technologies and an executive director and controlling shareholder of Metasurface Technologies Holdings. Metasurface Technologies, a wholly owned subsidiary of Metasurface Technologies Holdings, is a substantial shareholder of MetaOptics. Aloysius has a direct interest in 1.35 million MetaOptics shares. As executive director and CEO, the younger Chua will &ldquo continue to lead strategic initiatives and oversee key projects such as equipment development, metalens fabrication and the assembly of cutting-edge meta optics components and products&rdquo . He will also continue to spearhead the &ldquo set-up of key supply chains, work with suppliers on various key metalens component specifications and evaluate them for functionality and drive innovation in metalens technology and business development&rdquo . Despite the title change, the division of labour between the two men remains largely unchanged. Thng remains in charge of the company&rsquo s day-to-day operations and the company&rsquo s direction. He will also continue leading conversations with key customers. Chua will remain in charge of supply chain management, the research and development (R& D) team, product development and new projects, and operations and sales. &ldquo I started the company with Mark and have been there since day one. Anything about the company, both of us know the best,&rdquo says Aloysius, who has a mechanical engineering degree from the National University of Singapore (NUS). &ldquo There will be no difference&hellip I&rsquo ll still need to get approval from the board,&rdquo he adds when asked about the company&rsquo s execution or strategy. Chua&rsquo s path to the role was serendipitous. He was on his way to becoming a commercial pilot until Covid-19 hit, putting his plans on hold. He first helped his father&rsquo s F& B business before being introduced to Thng by a mutual friend, who asked him to join Thng&rsquo s new company at the time. The timing of the succession, Chua explains, reflects the company&rsquo s preparation for bigger plans and larger orders, momentum that followed MetaOptics&rsquo s strong showing at CES in Las Vegas in January. As CEO, Chua&rsquo s priority is to increase sales and achieve profitability. &ldquo The most important thing right now is to make the company profitable,&rdquo he says. &ldquo No matter how good your management team is, you may have the best technology, [but if] you don&rsquo t make money, [your company] is still a failure.&rdquo MetaOptics ended FY2025 ended Dec 31, 2025 with a net loss of $5.4 million from the $2 million loss in FY2024, mainly due to listing costs. Revenue for the year, however, surged 891% y-o-y to $787,388. Progress indicators The higher revenue is a &ldquo good indicator&rdquo , says Thng, given that the company is barely five years old. On April 22, MetaOptics said it achieved a &ldquo progressive milestone&rdquo in securing design and evaluation orders for its metalenses and modules from &ldquo world-class customers&rdquo . These included a major South Korean consumer electronics company, a leading European engineering and technology company, a European semiconductor foundry and manufacturing company, and a motor vehicle intelligence sensing company based in South Korea. Thng notes that the industry is &ldquo still young&rdquo with metalens penetration still in the single digits. &ldquo We actually have a very good, long runway to capture market share.&rdquo Achieving profitability, he adds, will depend on how quickly MetaOptics becomes the leading metalens company. &ldquo Metalenses are not mainstream, but there&rsquo s been a lot of traction over the past two years,&rdquo says Chua. &ldquo The first adopters of metalens, which are our first few customers, are facing a problem that conventional optics cannot overcome.&rdquo &ldquo The metalens is made of glass. In contrast, traditional polymers degrade in high heat and their efficiency decreases in a high-heat environment,&rdquo he explains. &ldquo Some of our lenses are used in LiDAR (light detection and ranging) applications where high-power lasers go through them, resulting in a high-temperature environment. This environment deforms traditional plastic lenses, which results in a drop in efficiency.&rdquo MetaOptics spent more than $1.8 million on R& D, so how does it balance profitability with investment in business growth? Chua is clear: &ldquo Everything we spend on R& D has to be commercialised.&rdquo This includes the lenses the group produces and the costs of their design and fabrication. &ldquo We don&rsquo t invest our resources in things we don&rsquo t think are able to be commercialised.&rdquo Regarding competition in the field, Chua and Thng remain unfazed. As far as they know, MetaOptics is the only vertically integrated company among its peers. &ldquo We are a one-stop shop,&rdquo says Chua. Part of that offering is a demonstration kit shipped to clients, bundled with software to help them better visualise their product. The kits, says CFO Chu Wee Liat, allow customers to try MetaOptics&rsquo metalens and set specifications. &ldquo After sending out many demo kits in 2HFY2024, we were able to secure design projects in 2025,&rdquo he says. The demo kits, adds Thng, contributed 30% of MetaOptics&rsquo revenue in FY2024. &ldquo We&rsquo re already reaping results.&rdquo These kits also help pull in one of the largest consumer electronics customers in South Korea. Thng&rsquo s wish is for these demo kits to be converted into product agreements. The demo kits also help clients save time. &ldquo We ship them together with our software&hellip Instead of one to two years to put a lens onto a sensor, we save them a few years of their time,&rdquo adds Chu. MetaOptics, which is not affected by supply disruptions caused by the Middle Eastern conflict, says the biggest hurdle is actually getting its customers to adopt its products as quickly as possible. Yet, as with every new technology, customers tend to be sceptical. That said, he believes that as long as more talent enters the industry, metalenses will become more mainstream. At the moment, the company plans to be based in Singapore and the US and to sell its products worldwide, including Taiwan and Hong Kong. For now, the business model is focused on keeping costs down. &ldquo Of course, we want to make as much money as possible,&rdquo says Chua. Chasing unicorns MetaOptics, a relatively new company that listed on the Singapore Exchange&rsquo s (SGX) Catalist board in September 2025, has big dreams. Two months after its listing, the company announced its intention to list on the Nasdaq. On May 4, MetaOptics filed its draft prospectus for listing on Nasdaq. In its statement dated Nov 17, 2025, the company said the dual-listing will allow it to gain access to a diversified base of shareholders and investors. A Nasdaq listing, it added then, would allow it to &ldquo build up its metalens design and fabrication capabilities in the US and to also position the group in proximity to potential key customers&rdquo . A revised filing on May 18 indicated that the company will offer 4 million American depositary shares (ADSs) with a par value of $0.00000025 per ADS each ADS represents 12 ordinary shares. On May 29, the company filed a registration for its securities through Form 8-A. Another filing on June 10 revealed that the company will now offer 3 million ADSs. The company will trade under the ticker symbol MOT with an expected price of between US$5 ($6.43) and US$7 per share. In an August 2025 interview, MetaOptics famously said it chose to list on the SGX over Nasdaq. Back then, Thng had said that the company was focused on getting purchase orders, even though it did not rule out a Nasdaq listing down the road. When asked about the decision to go to the US now, Chua explained that the company had already received &ldquo a lot of traction from [its] US customers&rdquo and came in the form of &ldquo qualification process, discussion of design [and] mass production testing&rdquo . As of Dec 12, 2025, MetaOptics shares also rose by an impressive 480% from its IPO price of 20 cents to $1.16. Even at its last close of 78.5 cents on June 15, which gives it a market cap of $190.48 million, investors who bought into the company at its IPO would have seen a 292.5% gain. Ultimately, Chua envisions the company becoming a unicorn. The company is also hoping for a slice of the Equity Market Development Programme (EQDP), which is disbursing $6.5 billion to SGX-listed counters through fund managers. &ldquo We&rsquo ve been speaking to the fund managers, but we have not received feedback yet&hellip We&rsquo d love to have this support,&rdquo says Chua. Succession planning doesn&rsquo t end with Chua&rsquo s promotion. The company&rsquo s two vice-presidential-level hires &mdash Dr Egor Khaidarov, vice-president of engineering and Dr Tobias Wilhelm Wolfgang Massis, vice-president of systems &mdash are candidates to head one of MetaOptics&rsquo four business divisions: metalens capital equipment, metalens design and foundry, metalens IoT products and smart devices, and metaoptics AI algorithms. With the company now operating across all four, the logic is straightforward. &ldquo It can&rsquo t be all Mark running all four divisions,&rdquo says Chua.
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SmallSmall Supreme	19-May-2026 08:03        SmallSmall About Contact  Quote this Post!
x 0   x 1  Alert Admin	One step closer to Nasdaq Dual Listing UPDATE ON THE PROPOSED DUAL LISTING ON THE NASDAQ STOCK MARKET 1. INTRODUCTION The Board of Directors (the &ldquo Board&rdquo ) of MetaOptics Ltd (the &ldquo Company&rdquo , and together with its subsidiaries, the &ldquo Group&rdquo ) refers to (i) the Company&rsquo s circular to shareholders dated 19 March 2026 (&ldquo Circular&rdquo ) and the Company&rsquo s announcements dated 17 November 2025 and 5 May 2026 (the &ldquo Proposed Dual Listing Announcements&rdquo ) regarding, among other things, the proposed dual listing of the Company&rsquo s securities on Nasdaq, which will be in the form of ADSs to be issued by the ADS Depositary (the &ldquo Proposed Nasdaq Dual Listing&rdquo ) and (ii) the Company&rsquo s announcement dated 10 April 2026 regarding the results of the Company&rsquo s extraordinary general meeting (the &ldquo EGM&rdquo ) held on the same day (the &ldquo Results of the EGM Announcement&rdquo ). Unless otherwise defined, all defined terms used in this announcement shall have the same meaning ascribed thereto in the Circular and the Proposed Dual Listing Announcements. 2. AMENDED REGISTRATION STATEMENT The Board wishes to update the Company&rsquo s shareholders (&ldquo Shareholders&rdquo ) that the Company has filed an amended registration statement on Form F-1 (the &ldquo Registration Statement&rdquo ) with the SEC on 18 May 2026 under the U.S. Securities Act to reflect, among other things, the number of ADSs to be offered and the ratio of each Offering ADS to such number of Underlying Shares. Roth Capital Partners and The Benchmark Company, LLC, are acting as representatives of the underwriters for the proposed offering. The proposed offering will be made only by means of a prospectus. Copies of the preliminary prospectus relating to this proposed offering may be obtained by visiting EDGAR on the SEC&rsquo s website at www.sec.gov. Alternatively, copies of the preliminary prospectus may be obtained from: Roth Capital Partners, 888 San Clemente Drive, Suite 400, Newport Beach, CA 92660, or by email at [email protected] or The Benchmark Company, LLC at 150 East 58th Street, 17th Floor, New York, NY 10155, or by email at [email protected]. The Registration Statement relating to these securities has been filed with the SEC but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the Registration Statement becomes effective. This announcement shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction
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Sgvale Supreme	15-May-2026 10:45        Sgvale About Contact  Quote this Post!
x 0   x 0  Alert Admin	$1 coming?
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SmallSmall Supreme	15-May-2026 10:02        SmallSmall About Contact  Quote this Post!
x 0   x 0  Alert Admin	$0.89 +$0.045 Can go back $1.00 ? Once Nasdaq dual listing starts, this one will be interesting.
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