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OLIT (OmniLit Acquisition Corp.) is no longer actively trading.
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OLIT does not currently pay a dividend.
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OmniLit Acquisition Corp. is a special purpose acquisition company (SPAC) formed to complete a business combination such as a merger, asset acquisition, stock purchase, or reorganization with other enterprises. The company's strategy is to identify and partner with businesses or assets primarily within the photonics, optics, and related technology sectors. It was established in 2021 and operates from Miami Beach, Florida.
ROCHESTER, NEW YORK, Nov. 07, 2023 (GLOBE NEWSWIRE) -- Syntec Optics, Inc., an industry leader in ultra-high precision optics and photonics, announced today that it completed its business combination with OmniLit Acquisition Corp. (“OLIT”) on November 7, 2023. The combined company will operate under the name Syntec Optics Holdings, Inc. (“Syntec” and the “Company”).
ROCHESTER, NEW YORK, Nov. 07, 2023 (GLOBE NEWSWIRE) -- Syntec Optics, Inc., an industry leader in ultra-high precision optics and photonics, announced today that it completed its business combination with OmniLit Acquisition Corp. (“OLIT”) on November 7, 2023. The combined company will operate under the name Syntec Optics Holdings, Inc. (“Syntec” and the “Company”).
ROCHESTER, NEW YORK, Nov. 07, 2023 (GLOBE NEWSWIRE) -- Syntec Optics, Inc., maker of the leading mission-critical optics and photonics, announced today that the company will ring the opening Nasdaq bell on Wednesday, November 8, 2023, to celebrate its initial listing. Anyone can tune in to watch the memorable experience on livestream, Nasdaq MarketSite Tower in Times Square, and participating TV networks around the globe.
OmniLit Acquisition (NASDAQ: OLIT ) stock is rocketing higher on Thursday after announcing the results of its annual shareholder meeting. That annual shareholder meeting resulted in investors in the company voting on several matters that are important to its future.
MIAMI BEACH, FLORIDA, Oct. 31, 2023 (GLOBE NEWSWIRE) -- OmniLit Acquisition Corp. (“OLIT”) (Nasdaq: OLIT), a publicly traded special purpose acquisition company, today announced that its shareholders voted to approve the previously announced business combination with Syntec Optics, Inc. (“Syntec Optics”) at OLIT's Annual meeting of shareholders held today, October 31, 2023 (the “Annual Meeting”).