<div id="readability-page-1">Syntec Optics (OPTX) said it has priced an underwritten public offering of 2.86M shares of common stock at $7.00 per share. The gross proceeds are expected to be $20M. The offering includes a 30-day option for the underwriter to purchase up to 428,571 additional shares, potentially increasing total proceeds. The net proceeds are expected to be used...</div>

OPTX

<p>Syntec Optics (OPTX) has announced a public offering of 2.86 million shares of common stock priced at $7.00 per share, aiming for gross proceeds of $20 million. The offering includes a 30-day option for the underwriter to buy an additional 428,571 shares, which could increase total proceeds. The net proceeds will be utilized for unspecified purposes.</p>

Syntec Optics prices $20M stock offering at $7 per share