poLight - Initial Public Offering and listing on Oslo Børs - NOK 149.5 million

Arctic Securities acted as Joint Global Coordinator and Joint Bookrunner in relation to the NOK 149.5 million Initial Public Offering and listing on Oslo Stock Exchange. The gross proceeds will be used to fund the operations of the Company until the products are anticipated commercialised as well as further development of the Group's products.

poLight has developed a new autofocus lens which "replicates" the human eye for use in mobile devices and other applications with integrated cameras. poLight's TLens is ready for introduction in the smartphone camera module market, offering considerable benefits such as extremely fast focus, compact xy-dimension (i.e. small footprint), no electromagnetic interference, low power consumption and constant field of view.

 We thank poLight for the vote of confidence and congratulate on the successful transaction.

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